Online Access Free 1z1-408 Exam Questions

What are the two benefits of having the Essbase cube embedded in Fusion General Ledger?

• A.You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously.
• B.Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules.
• C.You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts.
• D.Posting performance is much faster.
• E.General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.

Which reporting tool is best suited for submitting high-volume transactional reports, such as invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or XML?

• A.Oracle Business Intelligence Applications (OBIA)
• B.Oracle Transactional Business Intelligence (OTBI)
• C.Intelligence Publisher (BI Publish.
• D.Smart View
• E.Financial Reporting Center

Which two General Ledger work would you assign to all your entry-level General Ledger accountants?

• A.Journals Work Area
• B.General Accounting Dashboard
• C.Period Close Work Area
• D.Financial Reporting Center

You are reconciling your Payables the Receivables balances against the General Ledger. You are using the Payables to Ledger Reconciliation report. You notice discrepancies between thebalances in the subledgers, subledger accounting, and general ledger.
Which three factors are responsible for these out-of-balance situations?

• A.Intercompany transactions have not been fully processed.
• B.There were manually entered journals against the Payables and Receivables accounts that were posted in General Ledger.
• C.All sub ledger transactions have been entered but do not have complete accounting.
• D.Period Close processes,such as Revaluation, Translation, and Consolidation have not beenperformed yet
• E.Subledger transactions have been accounted and transferred to General Ledger but have not been posted.

Your customer requires physical invoices to be generated in Fusion Payables and Fusion Receivables for the intercompany payables and receivables transactions.
What statement is correct with regard to setting this up?

• A.You must assign the corresponding Receivables and Payables Business Units.
• B.You only need to assign the Legal Entity and Organization Contact.
• C.You can only associate one Intercompany Organization per Legal Entity.
• D.You must perform additional setup steps for Fusion Payables and Fusion Receivables.