Free Oracle 1Z0-1004 Exam Dumps Questions & Answers

Which feature outside of reporting and analysis leverages the Essbase cube?

• A.  revaluations and translation to revalue and translate currencies stored in the Essbase cube
• B.  calculation manager to perform allocations based on multidimensional balances and budgets
• C.  journal entries and journal approval to create journals that update balances to the cube directly
• D.  period closing and opening of ledgers to keep General Ledger Cloud and the Essbase cubes in sync

After loading your budget data into General Ledger Cloud, you can view budget balances using these features.
Which feature does not belong on the list?

• A.  Application Development Framework Desktop Integration Budget Balances Report
• B.  Account Inspector
• C.  Account Monitor
• D.  Smart View

Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use intercompany entries. What is Oracle's recommended 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 for the first segment should be primary balancing segment and intercompany segment, cost center segment, and natural account segment, respectively.
• B.  Define three segments for the company, department, and natural account. The qualifiers should be primary balancing segment, cost center segment, and natural account 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 four segments for the company, department, natural account, and intercompany segment. The qualifiers should be primary balancing segment, cost center segment, and natural account segment, and intercompany segment, respectively.

The expense account of airfare was erroneously assigned to the account type "Liability". Which method should you choose to fix the problem?

• A.  Run the "Update Balance Cube Chart of the Accounting Dimension" program
• B.  Run the "Correct Misclassified Account" program
• C.  Run the "Segment Value Inheritance" program
• D.  Deactivate the value

You entered a journal and the client is asking for the following information:
* The current account balance
* What the future account balance will be if the journal is approved and posted How will you get this information?

• A.  Query the account balance online
• B.  Use Oracle Transactional Business Intelligence (OTBI) to query General Ledger balances
• C.  View the Projected Balances region in the Create Journals page
• D.  Run a Trial Balance before and after posting