Oracle 1Z0-408 Online Practice Questions and Exam Preparation

Oracle 1Z0-408 Online Questions & Answers

• Question 71:

  The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times. Which journal attribute should you use to set the automatic posting criteria?

  A. Journal Category
  B. Journal Source
  C. Journal Batch
  D. Journal Description
  C. Journal Batch

• Question 72:

  You are required to enter a high volume of users into the system. What does Oracle consider best practice to do this?

  A. Use SQL to populate the HR interface tables and load employees in bulk.
  B. Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import users into Fusion Applications.
  C. Use the "Hire an Employee" user interfaceto inter each user manually.
  D. Use the spreadsheet available in Oracle Identity Manager (OIM) to import users.
  E. Use the "Enter a Supplier" user interface to enter each user manually.
  D. Use the spreadsheet available in Oracle Identity Manager (OIM) to import users.

• Question 73:

  Which two types of journals can be automatically routed through the journal approval process?

  A. Allocation journals
  B. Revaluation journals
  C. Manual journals
  D. Sub ledger journals
  E. Journals imported from third-party systems
  A. Allocation journals
  D. Sub ledger journals

• Question 74:

  Your company wants to change the Cumulative Translation Adjustment (CTA) account to record gains/ losses from varying currency rates. What steps must you perform to achieve this objective without causing data corruption?

  A. Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
  B. Open the Ledgers page and update the CTA account and then rerun Translation for all periods required. The system will automatically update the translated balances.
  C. Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
  D. Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.
  B. Open the Ledgers page and update the CTA account and then rerun Translation for all periods required. The system will automatically update the translated balances.

• Question 75:

  Your company has complex consolidation requirements with multiple general ledger instances. You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your general ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account. What happens to segments in your source general ledger, such as Program, that cannot be mapped Hyperion Financial Management?

  A. The data is not transferred.
  B. Data is summarized across segments that are not mapped to Hyperion Financial Management
  C. Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management.
  D. The unmapped segments default to future use segments in Hyperion Financial Management
  C. Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management.

• Question 76:

  What type of user must be defined before you can create an Implementation Project?

  A. None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
  B. A full-time employee that has the FSM Superuser role assigned
  C. None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
  D. Implementation Users
  E. All roles that will be used throughout the implementation
  E. All roles that will be used throughout the implementation