Online Access Free 1z0-408 Practice Test

Your customer is closing their period and they are using Fusion Intercompany to create physical invoices in Fusion Payables and Receivables.
What is the correct order of steps to close Fusion sub ledgers, Fusion Intercompany, and Fusion General Ledger?

• A.Close Fusion Payables and Receivables periods, close Fusion General Ledger, and then close the related intercompany period
• B.You only need to close Fusion Payables and Receivables periods followed by the Fusion GeneralLedger's period.
• C.Close the related intercompany period, close Fusion Payables and Receivables periods, and then Fusion General Ledger.
• D.Close Fusion Payables and Receivables periods, close the related intercompany period, and then close the Fusion General Ledger's period.

What is the most efficient way to add a new year to the accounting calendar?

• A.The application automatically populates the next year when you open the first period a new fiscal year.
• B.Use the Add Year button
• C.Add the periods manually
• D.Import the periods from a spreadsheet

When working with Essbase, versions of the tree hierarchy as defined in the Fusion not available in the Essbase balances cube.
What should you do to correct this situation?

• A.Redeploy the chart of accounts.
• B.Make sure to flatten the rows of the tree version.
• C.Make sure the tree is active.
• D.Make sure the tree version was published successfully.

How do you hide accounts with no balances showing #Missing in Smart view?

• A.Choose the Suppress Zeros option under Data options.
• B.Select the Data/Missing check box in the Data Options tab.
• C.This indicates a database connection issue. Try to reconnect to Fusion Applications.
• D.Use Excel functions to hide rows with #Missing assigned

Invoices received from a source system need to use a specific account based on 30 different expense types. However, if the invoice is from a specific supplier type, it needs to go to a default account regardless of the account type.
What is the solution?

• A.Create an Account Rule with two rule elements using one for expense type mapping and the other for the condition of supplier type.
• B.Create an Account Rule with 31 rule elements using one condition for each expense type and another for supplier type.
• C.Create an Account Rule with three rule elements using one for expense type mapping, one for condition of supplier type, and the other without any conditions.
• D.Create two journal line rules with a condition of supplier type.