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Oracle 1z0-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Your Financial Analyst needs to interactively analyze General Ledger balances with the ability down to originating transactions.
Which three features facilitate this?

A) Smart View
B) Online Transactional Business Intelligence
C) Financial Reports published to Excel
D) Account Inspector
E) Account Monitor

2. You want to enter budget data in Fusion General Ledger. Which method is not supported?

A) Smart View
B) Application Development Framework Desktop Integration (ADFdi)
C) Entering budget Journals
D) File-based Data Import

3. Your foreign currency transactions need to be revalued every month. For balance sheet accounts, you reverse the revaluation journals in the next period. You are using the period-to-date (PTD) method of revaluation tor your income statement accounts.
When should you reverse revaluation journals, if at all required?

A) The reversals must be done at the end of each quarter.
B) Never, because each period's revaluation adjustment is just for that period.
C) Both balance sheet and income statement revaluation journals should be reversed in the period.
D) Reverse them in the same period as the revaluation run.

4. 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) Add the periods manually
C) Import the periods from a spreadsheet
D) Use the Add Year button

5. Your customer is expanding its operations. You defined a new ledger and several business units. However, you are unable to assign the newly generated data roles to existing Accounts Payables and Accounts Receivables users in the shared service center.
What should you do to correct the problem?

A) Open the Manage Users page and make sure the employees at
B) Open the Oracle Identity Management (OIM) and make sure the data roles were created.
C) Open Access Policy Manager (APM) and assign the roles manually
D) Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.

Solutions: