Online Access Free 1z1-408 Exam Questions

You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding of the financial results.
What's the most efficient way to achieve this?

• A.When viewing the report, download to Excel and use Excel's Charting features to create your bar graph.
• B.When designing your financial statement using Financial Report (FR), embed a chart into your report
• C.Use Smart View, which is and Excel Add-on
• D.Use Account Inspector that automatically creates graphs on financial balances.

You need to integrate Fusion Accounting Hub with external source systems used for Billing.
Identity the step that is not correct when implementing this integration.

• A.Determine the accounting impact of transactions.
• B.Analyze external system transactions.
• C.Create the accounting in the source system and then import the journal entries into subledger accounting.
• D.Capture accounting events.

You need to create a month-end re-porting package for an upcoming Audit Committee meeting. You have 10 financial reports that you will need to share with executives and auditors.
In which three ways do you accomplish this?

• A.Users can drill down on snapshot reports for future analysis.
• B.Use a Report Batch to run reports at a specific time to create set of snapshot reports based on accounting information at that specific point in time.
• C.The report contained in the book can be printed or viewed individually or as an entire book thatincludes a table of contents.
• D.Snapshot reports can only be viewed online.
• E.Using Workspace, assemble multiple reports into a book.

You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results.
What does Oracle consider best practice when this occurs?

• A.Enter another adjusting journal entry in the currency to true up the balances.
• B.Translate only the adjusting journal entry.
• C.Rerun Revaluation and then rerun Translation
• D.Rerun Translation and then reconsolidate your result

You are defining intercompany balancing rules that are applied to a specific source and category, such as payables and invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which two statements are correct?

• A.You must define rules for every combination of specific categories and sources. Otherwise, theintercompany balancing will not work.
• B.You can create a rule for all sources and categories by selecting the source "Other" and the category "Other."
• C.If you choose to have rules at various levels, then intercompany balancing evaluates the rules in this order: Ledger, Legal Entity, chart of accounts, and primary balancing segment value.
• D.Set up a chart of accounts rule for every chart of accounts structure you have in order to ensurethat Intercompany Balancing will always find a rule to use to generate balancing accounts.