Oracle 1z1-408 : Oracle Fusion Financials: General Ledger 2014 Essentials

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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

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

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

2. Your customer wants to prevent their department managers from viewing the results of other departments where they have no management authority.
What should be implemented for this type of security?

A) Data Access Sets
B) Cross-Validation Rules
C) Role-Based Access
D) Segment Value Security

3. Your new accountants have been making mistakes in reconciling accounts assigned to them. Yourbalances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation.
What feature can you use to be proactively notified of account anomalies in a more timelymanner?

A) Account Inspector and its charts
B) Financial Reports with Embedded charts
C) Account Monitor
D) Smart View

4. 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) Snapshot reports can only be viewed online.
B) The report contained in the book can be printed or viewed individually or as an entire book thatincludes a table of contents.
C) 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.
D) Using Workspace, assemble multiple reports into a book.
E) Users can drill down on snapshot reports for future analysis.

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

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

Solutions: