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Oracle 1z0-408 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Journal Processing | - Journal Entries
|
| Topic 2: Period Close Process | - Close Activities
|
| Topic 3: General Ledger Configuration | - Ledger Setup
|
| Topic 4: Financial Reporting | - Reporting Tools
|
| Topic 5: Accounting and Subledger Integration | - Subledger Accounting
|
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
1. What type of user must be defined before you can create an Implementation Project?
A) All roles that will be used throughout the implementation
B) A full-time employee that has the FSM Superuser role assigned
C) None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
D) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
E) Implementation Users
2. Your customer has a large number of legal entities. The legal entity values are defined in the company segment and the primary balancing segment. They want to easily create eliminating entries for the intercompany activity.
What should you recommend?
A) Define an intercompany segment in the chart of accounts. The Intercompany module and the intercompany balancing feature in general ledger and sub ledger accounting will automatically populate the intercompany segment with the balancing segment value of the legal entity with which you are trading.
B) There is no need to define an intercompany segment. You can track the Intercompany trading partner using distinct intercompany receivable/payable natural accounts to identify the trading partner.
C) There is no need to define an intercompany segment, the Intercompany module keeps track of the trading partners for you based on the Intercompany rules you define.
D) Define an intercompany segment and qualify it as the second balancing segment to make sure all entries are balanced for the primary balancing segment and intercompany segment.
3. What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?
A) Accounting attributes
B) Event Classes
C) Transaction Objects
D) Mapping Sets
E) Event Entities
4. After loading your budget data into Fusion Genera. Ledger, you can view budget balances using these feature.
Which feature does not belong on the list?
A) Application Development Framework Desktop Integration(ADFdi)
B) Account Monitor
C) Smart View
D) Account Inspector
5. 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) Make sure to flatten the rows of the tree version.
B) Make sure the tree version was published successfully.
C) Redeploy the chart of accounts.
D) Make sure the tree is active.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C |
