Free Oracle 1z1-408 Exam Dumps Questions & Answers

On whichthree occasions are Essbase balances updated?

• A.  Every time you run the batch program called "Update Essbase Balances"
• B.  Every time the tree version is published
• C.  At report run-time
• D.  Every time journals are posted to the general ledger
• E.  Every time you open a new period

You want to specify Intercompany System Options.
Which three factors should you consider?

• A.  Whether to allow receivers to reject intercompany transactions
• B.  Automatic or manual batch numbering and the minimum transaction amount
• C.  Automatic or manual batch numbering and the maximum transaction amount
• D.  The approvers who will approve intercompany transactions
• E.  Whether to enforce an enterprise-wide currency or allow in intercompany transactions in local currencies

You defined a tree or hierarchy, but you are unable to set its status to Active.
What is the reason?

• A.  Chart of accounts was not deployed.
• B.  Accounting Configuration was not submitted-
• C.  Two tree versions were not defined
• D.  An Audit process needs to be successfully performed before a tree version can be set to Active.

How do you hide accounts with no balances showing #Missing in Smart view?

• A.  Use Excel functions to hide rows with #Missing assigned
• B.  Select the Data/Missing check box in the Data Options tab.
• C.  This indicates a database connection issue. Try to reconnect to Fusion Applications.
• D.  Choose the Suppress Zeros option under Data options.

Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use intercompany entries.
What is Oracle's recommended best practice when implementing; a new chart of accounts? How many segments and what segment qualifiers should be used?

• A.  Define three segments for the company, department, and natural account. The qualifiers shouldbe primary balancing segment, cost center segment, and natural account segment, respectively
• B.  Define three segments tor the company, department, and natural account. The qualifiers for the first segment should be primary balancing segment and intercompany segment, cost center segment, and natural account segment, respectively.
• C.  Define five segments for the company, department, natural account, intercompany, and future use segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, intercompany segment, and no qualifier, respectively.
• D.  Define four segments for the company, department, natur.il account, and intercompany segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, and intercompany segment, respectively.