Study with 1z1-408 Actual Test Questions

You want to automatically post journal batches imported from subledger source to prevent accidental edits of deletions of the subledger sources journals, which could cause an out -ofbalance situation between your sub ledgers and general ledger.
Which two aspects should you consider when defining your AutoPost Criteria?

• A. Include all of your sub ledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.
• B. Schedule your AutoPost Criteria set to run during off-peak hours only
• C. Use the Alloption for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.
• D. Create your AutoPost criteria using minimal source and categories.

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. 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.
• C. Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.
• D. 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.

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You customer is a financial Institution that needs to maintain overage daily balances (ADB).
Which two statements are true regarding this functionality in Fusion Applications?

• A. Average balances are stored in the Essbase cube.
• B. ADB provides organizations with the ability to track average and end-of-day balances, reportaverage balance sheets, and create custom reports using both actual and average balances.
• C. When using ADB, you must define a daily calendar and assign it to your ADB ledger.
• D. Average balances are stored for both subledger balances and general ledger balances.
• E. Average balances are maintained for both actual and budget balances.

Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?

• A. Click the Withdraw Approval button in the Edit Journals page and edit the journal.
• B. Reverse the journaland create a new one.
• C. Delete the journal and create a new journal.
• D. Update the journal through workflow

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

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