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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA).

A) OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, andFusion Applications.
B) OBIA is based on the universal data warehouse design with different prebuilt adapters that canconnect to various source application
C) Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance
D) Cloud customers can use both OTBI and OBIA.
E) OTBI allows you to create custom reports from real-time transactional data against thedatabase directly

2. Your foreign currency transactions need to be revalued every month. For balance sheet accounts, you reverse the revaluation journals in the next period. You are using the period-to-date (PTD) method of revaluation tor your income statement accounts.
When should you reverse revaluation journals, if at all required?

A) The reversals must be done at the end of each quarter.
B) Reverse them in the same period as the revaluation run.
C) Never, because each period's revaluation adjustment is just for that period.
D) Both balance sheet and income statement revaluation journals should be reversed in the period.

3. You want to process multiple allocations at the same time. What feature do you use?

A) Formulas
B) General Ledger Journal entries
C) Point of View (POV)
D) RuleSets

4. You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?

A) Access Policy Manager's Role Generation
B) You cannot reassign contingent workers.
C) Role Mappings
D) Data Roles
E) Oracle Identity Manager Roles Assignment

5. Most of the accounting entries for transactions from your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source.
At what level can you override the default accounting attribute assignment?

A) Event Type
B) Journal Entry Rule Set
C) Journal Entry
D) Journal Line Rule
E) Event Class

Solutions: