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Oracle 1z0-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

Question #1
You need to create a month-end re-porting package for an upcoming Audit Committee meeting. You have 10 financial reports that you will need to share with executives and auditors.
In which three ways do you accomplish this?

A. Snapshot reports can only be viewed online.
B. Users can drill down on snapshot reports for future analysis.
C. Use a Report Batch to run reports at a specific time to create set of snapshot reports based on accounting information at that specific point in time.
D. Using Workspace, assemble multiple reports into a book.
E. The report contained in the book can be printed or viewed individually or as an entire book thatincludes a table of contents.

Question #2
The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times.
Which journal attribute should you use to set the automatic posting criteria?

A. Journal Batch
B. Journal Category
C. Journal Description
D. Journal Source

Question #3
What Is Oracle Essbase?

A. A robust reporting and analysis tool
B. A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger
C. A relational database
D. A data ware house

Question #4
Your customer is having issues transferring intercompany transactions to General Ledger..
Identify three reasons for this.

A. If they are different, then the exchange rate is missing between the intercompany and ledger currency.
B. The intercompany period is closed.
C. The intercompany transaction is not approved.
D. Both the intercompany and general ledger periods are open.
E. The corresponding Payables and Receivablesinvoicehave not been generated.

Question #5
Identify three functions of Functional Setup Manager.

A. Provide a central place to access and perform all of the setup steps across Fusion application product
B. Assign setup tasks to individuals with due dates where users must manually update their completion status.
C. Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.
D. Centrally manage the close processes across subledgers and ledgers.
E. Automatically mark the status of tasks as Completed after they have been completed.

Solutions: