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1Z0-333 - Oracle Financials Cloud: General Ledger 2016 Implementation Essentials - BrainDump Information

Vendor Name : Oracle
Exam Code : 1Z0-333
Exam Name : Oracle Financials Cloud: General Ledger 2016 Implementation Essentials
Questions and Answers : 80 Q & A
Updated On : November 16, 2018
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1Z0-333 exam Dumps Source : Oracle Financials Cloud: General Ledger 2016 Implementation Essentials

Test Code : 1Z0-333
Test Name : Oracle Financials Cloud: General Ledger 2016 Implementation Essentials
Vendor Name : Oracle
Q&A : 80 Real Questions

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Oracle Oracle Financials Cloud: General

Oracle business enterprise: Oracle records Cloud Launches ‘Pre-Bid by way of Moat’ to aid entrepreneurs identify manufacturer secure, Fraud secure, and Viewable advert stock | killexams.com Real Questions and Pass4sure dumps

Oracle facts Cloud today announced Pre-Bid by way of Moat, a placement answer for entrepreneurs to establish and make the most of advert inventory that meets their excessive specifications for third-birthday celebration viewability and invalid traffic (IVT). These new capabilities will join latest brand safety segments obtainable via Oracle facts Cloud to create a powerful suite of media spend coverage offerings. To make implementation seamless and straightforward, Pre-Bid via Moat should be built-in with true DSPs, together with Adobe promoting Cloud, Amobee, basis by Centro, dataxu, MediaMath, The change Desk, and VideoAmp. 'Savvy marketers respect the significant financial and reputational risks from misplaced advertising,' stated Eric Roza, senior vice president and generic manager, Oracle statistics Cloud. 'Fraud and viewability considerations can drain your advert spend and hurt your outcomes, while affiliation with offensive or inappropriate content material can result in lasting brand damage. Oracle's Pre-Bid by way of Moat offers a unified answer to give protection to media spend for advertisers by bringing collectively powerful tools to set precise-time requirements for viewability, invalid traffic, and company safety.' Pre-Bid by way of Moat helps advertisers to optimize their media buys with:
  • Granular Viewability necessities. Pre-Bid by way of Moat will allow entrepreneurs to set viewability costs for particular advert slots and sizes, offering unparalleled precision before placement.
  • Invalid traffic Avoidance. Pre-Bid by using Moat is powered by means of Moat's leading IVT measurement know-how. Moat's IVT solutions additionally advantage from learnings from Oracle's different anti-fraud acquisitions, together with net security and managed DNS from Oracle Dyn, which helps establish abnormal traffic patterns on the web and observe and block malicious non-human site visitors.
  • Contextual brand defense evaluation. the usage of the contextual intelligence platform from its Grapeshot acquisition, Oracle facts Cloud analyzes and interprets the exact content of every internet page, no longer simply its URL-degree key terms.
  • 'The growth of digital advertising over the past decade has been dazzling. in an effort to preserve that boom in the years to come, entrepreneurs must have faith the effectiveness of the media they purchase,' mentioned Lewis Rothkopf, universal supervisor of media and increase channels, MediaMath. 'We're excited to be probably the most first to make Moat's first-in-classification ad dimension actionable for media patrons. We're confident this collaboration will assist advertisers in the reduction of waste and protect purchaser have faith.' 'Some company safeguard solutions ask sites and apps to grade their personal homework through self-suggested URL key terms describing the content material on their sites,' stated Patrick Jones, group vp and general supervisor, partnerships, Oracle facts Cloud. 'Our contextual intelligence platform reviews and classifies billions of pages and apps with language-based mostly algorithms, so that you can categorize the content of each and every web page as protected and company-acceptable. by means of integrating that company safety with our main IVT and viewability tools, Pre-Bid with the aid of Moat offers marketers self assurance that their ads are accomplishing actual americans, viewable, and performing in manufacturer-protected environments.' For more assistance about Oracle records Cloud's Pre-Bid through Moat, please contact the Oracle data Hotline at https://www.oracle.com/cloud/data-hotline.html. Disclaimer

    Oracle employer published this content material on 06 November 2018 and is totally chargeable for the assistance contained herein. allotted by using Public, unedited and unaltered, on 06 November 2018 14:02:00 UTC


    future of Oracle Cloud could and will be SaaS rather than IaaS | killexams.com Real Questions and Pass4sure dumps

    oow18In his keynote to kickoff OpenWorld, Oracle Chairman Larry Ellison saved a lot of his quotable strains for assaults on AWS, but as I mentioned in my ultimate column, the two take slightly distinct techniques to cloud infrastructure reflective of their contrasting views in opposition t application design and deployment. Ellison’s swipes at AWS have been unlucky seeing that they took the highlight off what I trust is Oracle’s more promising cloud product line, its SaaS functions, where the business has successfully repurposed its licensed software as cloud capabilities. As i discussed last time,

    I may see Oracle’s SaaS database and business utility products for CX, ERP, SCM, and so forth. becoming the favored vacation spot for companies moving workloads to the cloud that don’t need or want the overhead of managing the underlying application and servers. Oracle is in a perfect place to comply with the route of Adobe and Microsoft, which shifted office and content material introduction apps to a hybrid mixture of locally-put in and cloud-based mostly capabilities.

    It’s price exploring the subject in more element considering that I trust Oracle has greater in average with utility suppliers like SAP, Adobe and the non-home windows, non-infrastructure components of Microsoft than AWS.

    lots of respectable SaaS news at OpenWorld

    each person loves an outstanding feud between tech titans (even though it’s one-manner), so it was convenient to pass over the signals of huge growth in Oracle’s SaaS company current at OpenWorld and recent revenue releases, notably the many customer success studies that we documented right here at Diginomica. as an example, in previewing the event, Den Howlett talked with Steve Miranda, executive vp of Oracle functions product construction in regards to the enterprise’s approach of adding automation and facts-pushed intelligence to its ERP, CRM and CX products. Miranda remarked on the speed with which even big companies are divesting themselves of on-premise methods in want of Oracle’s cloud applications (emphasis delivered)

    What I didn’t predict was to peer the variety of businesses which are being disrupted or are disrupting so that even in our case, we used to sell items however now we need to be plenty more a carrier business and that’s basically diverse. The technical and company manner debt across these agencies ERPs isn't helping them continue to be competitive in those approaches whereas also reacting to consumers in approaches and at speeds they by no means had to earlier than. that is the push in cloud ERP adoption that I didn’t expect.

    As Miranda hinted, the aggressive calls for on Oracle itself have pushed it to develop into a provider company which in flip provides urgency to its SaaS transformation and drives additions to its burgeoning provider portfolio. whereas it’s uncertain how tons of Oracle runs on SaaS, the company has swiftly converted its software products into on-demand capabilities. As Ellison crowed in his keynote,

    we've more SaaS functions than another cloud provider.

    The observation’s accuracy is controversial, but what’s no longer is increased client adoption and product advancements, such because the method Oracle is including automation, self-optimization and other sorts of data-pushed intelligence to its SaaS items. indeed, as Howlett mentioned, desktop intelligence become a theme Oracle emphasised at the adventure, as did Ellison as he beseeched shoppers to share their wants and ideas for tactics to make Oracle’s products even enhanced,

    We automate these tedious methods, we automate these complex techniques, providing you with massive productiveness gains, with the aid of adopting our next generation cloud functions…

    by means of working together, your good ideas, our good ideas, we can bring the subsequent era of SaaS purposes within the cloud.

    OpenWorld became filled with purchasers sharing their success stories, which the Diginomica team chronicled in additional than 20 articles. as an instance, Park inns and lodges, which necessary to put in force a new finance equipment after being spun out of Hilton, shared its use of Oracle Cloud purposes to each bootstrap the technique and provide new capabilities. As Diginomica documented,

    What Park required, Robb [Park’s senior vice president and chief accounting officer] explained, changed into a single platform for all of its monetary records, protecting popular ledger, bills payable, fastened assets, procurement and mission financials, which additionally provided enterprise performance management tools for financial shut and consolidation and planning and budgeting. It additionally desired to make use of cloud computing to preserve its IT footprint to a minimum.

    Park labored with consultants from supply Thornton and settled on a plan of attack that concerned imposing Oracle ERP Cloud, Oracle Planning and Budgeting Cloud and Oracle fiscal Consolidation, and the usage of Oracle Integration Cloud provider because the ‘secret sauce’ that allows Park to circulate data between these apps.

    Birmingham city tuition told Diginomica a similar story of the use of Oracle Cloud to exploit new technologies like AI, NLP (natural language processing), chatbots and API functions as a part of its subsequent-era again-office platform. Like most huge, established groups, its goals had been complicated by a legacy of miscellaneous programs that weren’t designed to check with each and every different, much much less faraway consumers over the internet. Birmingham concluded that the appropriate cloud suite may exchange 15 siloed methods and its exhaustive comparison determined that Oracle Cloud, with a portfolio spanning HCM, ERP, BI, payroll, fiscal planning and budgeting and PaaS extensibility, became the right issuer.

    Tahir Yousaf, Birmingham’s associate Director of IT, advised us that the school additionally desired to cut the overhead of customizing the SaaS purposes for each and every branch, instead asking each and every organization to describe their wants, no longer the details of how they'd want to achieve them. As Yousaf stated (emphasis delivered),

    So, in fact, we made a magnificent decision no longer to do any ‘mapping’. as a substitute we went to every of our business gadgets and we referred to ‘are you able to tell us about what you want your consequences to be’. What turned into the enterprise influence you desired to peer? if you take a standard set of requirements to a cloud vendor, they could do nothing along with your requirements, as a result of in fact, their tactics are already totally fashioned.

    So we asked the cloud vendors, how does your cloud system do that? Then we let our users decide which one to opt for in accordance with their experience and the journey. Vanilla is more advantageous than you feel when it comes to its flexibility.

    apart from the breadth of its SaaS portfolio, a last selling aspect for Oracle became its PaaS, with its tight integration to SQL databases, aid for numerous languages and frameworks and potential to use backend structures like Kubernetes, Hadoop and Kafka streaming. Oracle PaaS enables Birmingham to fill within the 5 p.c of functionality and compliance requirements the vanilla SaaS functions don’t supply.

    SaaS growth referred to in economic filings

    The significance of Oracle’s SaaS products is clear in the comments and information it shares with financial analysts at each and every quarterly revenue report. As I referenced in my old column, Oracle doesn’t get away cloud carrier earnings by way of product line and, like Microsoft, and typically handiest discusses increase fees, now not absolute salary figures. That spoke of, after its this autumn 2018 file, co-CEO Mark Hurd mentioned that usual ERP and HCM SaaS salary was $2.2 billion in FY 2018. whereas it didn’t update the earnings quantity after it’s most fresh Q1 2019 file, Oracle did record outstanding increase in SaaS, with co-CEO Safra Catz telling analysts that carrier earnings for ERP grew 30-plus percent, that for vertical cloud functions turned into up forty-plus p.c, whereas cloud infrastructure and PaaS have been tailing at 20-plus percent.

    Chairman Ellison added color, calling Oracle’s cloud ERP product “a strategic key to our success within the SaaS functions layer of the cloud,” boasting that Oracle ranks first in cloud ERP market share with greater than 20,000 Fusion and NetSuite customers. Ellison cited that its SaaS increase is fueled by means of valued clientele replacing on-premise programs (emphasis brought).

    purchasers are purchasing Fusion ERP to replace their present SAP on-premise ERP methods, and purchasers are purchasing Fusion ERP to replace their present Workday cloud ERP techniques. ERP is the greatest section within the application business. carrying on with our swift growth in cloud — within the cloud ERP market puts Oracle well on its approach to fitting the world’s largest SaaS purposes enterprise. That’s our approach and existing market place within the SaaS layer of the cloud.

    My take

    As I up to now mentioned, Oracle’s method for cloud infrastructure is designed to facilitate the migration of current business purposes to its managed systems. while Oracle presents characteristic set for this demographic, it’s capabilities aren’t chiefly advanced to these of the massive-three IaaS/PaaS suppliers, AWS, Azure and Google Cloud. Assuming Mark Hurd’s remark that “15 percent of the U.S. corporate-owned information centers shut down,” is correct, and it sounds plausible, Oracle has many alternatives to gain IaaS enterprise. even so, I think Oracle will continue to play 2nd fiddle to Amazon and Microsoft within the IaaS market.

    I consider that SaaS is the bigger cloud possibility for Oracle as consumers like Birmingham metropolis tuition purpose that if they are going to movement to the cloud, why take half steps with the aid of continuing to operate their functions? instead, they're going to see the wisdom of permitting Oracle to manage, cozy and replace the infrastructure and purposes. indeed, given Oracle’s unparalleled capabilities in its own functions, it is enormously prone to do an improved job than the customers could do themselves.

    In an era of cloud functions, agencies add little to no value by way of working what have become commodity functions like databases, email methods, and different back-office platforms. despite the fact some businesses argue that they require customized installations to fulfill pleasing enterprise needs, the purpose turns into untenable in an era of techniques that will also be extended the usage of APIs and cloud PaaS frameworks. Oracle has a compelling story in each SaaS and PaaS and will seemingly evolve into a corporation that looks more like Salesforce than AWS.

    photo credit score - via Oracle's picture Twitter feed for OpenWorld 2018

    Disclosure - Oracle is a premier partner at the time of writing and coated lots of the travel fees for the on the floor diginomica crew.


    Larry Ellison Sees Expansive probability For Oracle's Revamped Cloud | killexams.com Real Questions and Pass4sure dumps

    via Aaron Ricadela

    Oracle executive Chairman and CTO Larry Ellison had a message for analysts recently: Now that Oracle has upgraded the computers, networks, and structure that underpin its cloud computing carrier, it’s going to get extra aggressive on rate to put pressure on competitors.

    “We’ve bought a very company infrastructure foundation beneath our most strategic product, which is Oracle Database,” Ellison informed fiscal analysts at a late October meeting in San Francisco. “It’s a land rush now for cloud, and we give you the chance to be very fee aggressive.”

    Ellison used his presentation, which followed those of CEOs Mark Hurd and Safra Catz on the end of the company’s Oracle OpenWorld consumer conference, to argue that community pace, computing device security, and database efficiency upgrades in Oracle’s cloud application are atmosphere the desk for greater customers to flow databases in the coming 12 months from their own records facilities to online functions. The performance advancements may let Oracle seize share from Amazon net functions, which Ellison talked about isn’t as most suitable to serving big, regulated organizations with data safety issues in industries including banking and telecommunications.

    “They haven’t changed their basic structure, and that they’re going to ought to,” he said. “each person is going to need to.”

    Oracle designed a second-generation cloud infrastructure, available now for new customers, to fulfill the wants of the business-scale Oracle Database users which are increasingly ready to circulation their workloads to on-line models. the brand new architecture no longer most effective improves protection and reliability, it increases computing velocity, offering Oracle a cost talents in opposition t AWS due to the fact that cloud work is billed by using the minute. “It’s found money for us,” Ellison said. “we are able to find the money for to be much extra aggressive on pricing than they can.”

    The application massive also showed new self reliant Database capabilities together with the capacity for companies to isolate computing jobs from different shoppers contending for substances. the brand new infrastructure and database functions might also speed customers’ moving transaction processing databases and analytical facts warehouses to the cloud, said Ellison.

    Oracle, the area’s largest business enterprise of database management software, had forty two.3% of the $33.1 billion relational database market in 2017, in accordance with market researcher IDC. Microsoft turned into 2nd with 24.3% share followed by using IBM with 12.7% and SAP with 6.eight%. The cloud database probability alone may be big, Oracle’s chairman mentioned.

    Oracle will pursue all cloud workloads, Ellison stated, while pointing to how tons of “the world’s high-price facts” is saved in Oracle Databases. “If we got the Oracle workloads in our cloud, how huge would our cloud be?” Ellison stated to analysts.

    the brand new generation of Oracle Cloud Infrastructure is designed round three goals: more desirable security and reliability; preserving valued clientele’ investments of their Oracle databases and functions by means of making them transportable to the cloud; and cost and performance benefits in comparison with on-premises versions, in response to Ellison. in a single example of Oracle Cloud Infrastructure’s technical aspect, Oracle is providing far off direct reminiscence access (RDMA) so computers in a network can trade records in reminiscence quicker without gaining access to each different’s operating methods. Oracle in its cloud provider has also separated controlling computers that run Oracle code from machines operating shoppers’ code, to beef up security. “It’s high priced—we had to add computer systems,” Ellison observed.

    all the way through a separate Oracle OpenWorld presentation on cloud infrastructure, Oracle senior vp Don Johnson said the company took a different technical strategy than in other public clouds, designing its computing provider for huge, regulated organizations with data safety issues.

    Cloud Infrastructure and Apps Complementary

    The so-called 2nd-era Oracle Cloud Infrastructure, which gives computing energy, networking, and storage as on-line services, may also encourage organizations to flow more of their Oracle applications to online software features in a challenge to SAP.

    Cloud applications can aid drive Oracle Cloud Infrastructure demand, as organizations' own builders construct capabilities working on it that combine with online purposes with a view to meet some entertaining client want. “These are related agencies,” Ellison referred to. SAP claimed about 27% of the $27 billion business useful resource planning application section closing year, in comparison with well-nigh 21% for Oracle, according to IDC.

    “We’re going to head from No. 2 in the back of SAP in functions to No. 1 in SaaS,” Ellison said. SAP is creating the possibility for some consumers to trust switching enterprise applications suppliers through an upgrade to its S/four Hana equipment that requires an SAP database, and an announced intention to conclusion assist of some old types of its ERP equipment by 2025.

    “There’s a true possibility,” Ellison said. “We’re moving SAP purchasers to the cloud—agencies you’ve heard of.”

    Aaron Ricadela is an Oracle director of strategic communications.

    forward-searching Statements Disclaimer: Statements in this article relating to Oracle’s future plans, expectations, beliefs, intentions, and possibilities are “ahead-looking statements” and are area to material risks and uncertainties. Many elements may affect Oracle’s present expectations and actual results, and could cause specific outcomes to vary materially. A dialogue of such elements and different dangers that affect Oracle’s business is contained in Oracle’s Securities and trade fee (SEC) filings, including Oracle’s most recent stories on kind 10-okay and form 10-Q beneath the heading “chance elements.” These filings are available on the SEC’s site or at http://www.oracle.com/investor. All information listed here is current as of October 25, 2018, and Oracle undertakes no duty to replace any statement in light of new suggestions or future routine.




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    Shoppers at Redmart, one of Singapore’s online grocery stores, are only invoiced two hours after they have received their goods, removing the need to request refunds for missing or damaged items at the point of delivery.

    Not only has this reduced the volume of refund calls to Redmart’s call centre, but it has also improved customer experience for the online startup, which disrupted Singapore’s grocery market at a time when incumbent retail chains were just starting to build up their e-commerce capabilities.

    Jim Boland, Redmart’s chief financial officer, said the practice was made possible because the company’s financial enterprise resource planning (ERP) system provides the flexibility to manage customer orders down to the item level.

    “This is a unique set-up for an ERP system – other companies have integrated systems that send summary-level data into the general ledger, but we are sending line-item data,” Boland told Computer Weekly on the sidelines of Oracle OpenWorld in October 2018.

    Such granularity had taken a toll on Redmart’s financial ERP system, which was managed and housed on-premise. As its business grew by 200% a year, with more than 10,000 orders to process each day, it started facing scalability issues as it had to handle an exponential increase in the amount of data to generate financial reports.

    “We faced stability problems and processing limitations,” said Boland. “Although the new version of the on-premise software was coming out, going with it would be as difficult as switching out one system for another.”

    Redmart also faced support bugbears, as its ERP supplier at the time had only provided remote support over the phone, making it hard to resolve problems quickly, said Boland.

    In the summer of 2015, Redmart decided to replace its financial ERP system with a cloud-native application. After evaluating the final shortlist of ERP suppliers, SAP and Oracle, Boland decided to go with the latter as it appeared to be more responsive to support requests and has an implementation team in Singapore.

    Familiar with Oracle

    He was also familiar with Oracle because Amazon, his former employer, had been using Oracle software, which he said was geared towards the needs of large enterprises. As Redmart was seeking a new round of funding at the same time, the fact that Oracle offered finance to pay for licensing and implemented costs over time, helped too.

    The deployment process began in January 2016, and it took a team of implementation experts from Oracle Consulting and Redmart’s internal IT staff just six months to complete the roll-out, which included software and user acceptance testing.

    Redmart also used the opportunity to tweak key systems and processes during the implementation phase, such as fixing some flaws in financial reconciliation, as well as building new functionality to support a marketplace of third-party suppliers from which its customers can also buy.

    “We had 8,000 unique SKUs [stock-keeping units] in our warehouse, but we wanted hundreds of thousands of SKUs,” said Boland. “That required us to modify our order management system so customers can have a mix of items from our warehouse and the marketplace.”

    Boland said the roll-out was successful, partly because of the decision to hire Oracle Consulting, which provided the resources that Redmart had demanded.

    The company also took on a massive data migration exercise, developed application programming interfaces (APIs) to connect to other systems, and kept its previous financial ERP system intact and running in parallel while the Oracle system was being stabilised.

    “We set a go-live date of 30 June, giving us one month to fall back on in case anything went wrong and, indeed, we found an issue with the refund process that needed more testing,” said Boland.

    Asked if there were challenges in getting buy-in from stakeholders such as financial managers and the leadership team, Boland said the finance team welcomed the new system as “what they had was pretty terrible”.

    But Boland had to convince the company’s co-founders, as well as former CTO Colin Bryar, former technical adviser to Amazon CEO Jeff Bezos, on the switch.

    “I did have to sell ‘why Oracle’ to them and didn’t get too much pushback,” he said. “I think I got off pretty easily compared to others who would have to deploy in different regions and face competing interests from different groups.”

    Apart from not having to worry about system upgrades, Boland said the Oracle cloud-based financial ERP system had slashed the time it took to close the books from 10 days to just three days.

    That proved to be critical in December 2016 when Redmart was acquired by Lazada, the Southeast Asia e-commerce unicorn that was acquired by Alibaba Group that same year.

    “We got the shorter end of the stick as we have to consolidate our results with the larger group days in advance before Lazada and Alibaba,” said Boland. “Oracle gave us the stability and speed needed to crunch everything down to three days.”


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    NO.1 When working with Essbase, versions of the tree hierarchy as defined in the Fusion notavailable in the Essbase balances cube.What should you do to correct this situation?A. Make sure the tree version was published successfully.B. Make sure to flatten the rows of the tree version.C. Make sure the tree is active.D. Redeploy the chart of accounts.Answer: D

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    NO.2 Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They useintercompany entries.What is Oracle’s recommended best practice when implementing; a new chart of accounts? Howmany segments and what segment qualifiers should be used?A. 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.B. Define five segments for the company, department, natural account, intercompany, and future usesegment. The qualifiers should be primary balancing segment, cost center segment, natural accountsegment, intercompany segment, and no qualifier, respectively.C. Define three segments tor the company, department, and natural account. The qualifiers for thefirst segment should be primary balancing segment and intercompany segment, cost center segment,and natural account segment, respectively.D. Define three segments for the company, department, and natural account. The qualifiers shouldbeprimary balancing segment, cost center segment, and natural account segment, respectivelyAnswer: B

    NO.3 Your customer operates three shared services that perform accounting functions across 50countries.What feature allows them to share setup data, such as Payment Terms, across Business Units?A. Data Access SetsB. Business Units functionsC. Reference Data SetsD. None. Setup data is partitioned by Business Unit and must be defined separately per Business Unit.Answer: B

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