Free Oracle 1z1-408 Exam Dumps Questions & Answers

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

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 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.
• 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 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.

Your customer operates three shared services that perform accounting functions across 50 countries.
What feature allows them to share setup data, such as Payment Terms, across Business Units?

• A.Business Units functions
• B.Reference Data Sets
• C.None. Setup data is partitioned by Business Unit and must be defined separately per Business Unit.
• D.Data Access Sets

What are the two benefits of having the Essbase cube embedded in Fusion General Ledger?

• A.Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules.
• B.You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts.
• C.Posting performance is much faster.
• D.You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously.
• E.General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.

Your customer is reconciling their Intercompany Receivables accounts.
Which two reports should they use In addition to using the intercompany Reconciliation report?

• A.Receivables to General Ledger Reconciliation report
• B.Receivables Aging by General Ledger Account report
• C.General I edger Trial Balance report
• D.AR Aging report