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Oracle 1z1-408 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Allocations and Period Close | - Period-End Processing
|
| Journal Processing | - Journal Management
|
| Financial Reporting and Analysis | - Reporting Capabilities
|
| Enterprise Structure and Configuration | - Enterprise Setup
|
| General Ledger Fundamentals | - General Ledger Overview
|
| Intercompany and Consolidation | - Advanced General Ledger Features
|
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
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
Correct Answer: C 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
You want to display OTBI reports and graphs in PowerPoint to show general ledger or subledger data.
How do you accomplish this?
- A. Use Account Inspector and then export to Excel and copy and paste into PowerPoint.
- B. Use Smart View and Oracle BI EE View Designer to create reports in PowerPoint, Word, and Excel.
- C. Use SmartView to create reports and charts using general ledger and subledger subject areas embed the charts/reports into PowerPoint
- D. Download OTBI reports and charts to a spreadsheet and then copy and paste the spreadsheet to PowerPoint
Correct Answer: B 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
You need to integrate Fusion Accounting Hub with external source systems used for Billing.
Identity the step that is not correct when implementing this integration.
- A. Determine the accounting impact of transactions.
- B. Analyze external system transactions.
- C. Create the accounting in the source system and then import the journal entries into subledger accounting.
- D. Capture accounting events.
Correct Answer: C 🗳️
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. Close Fusion Payables and Receivables periods, close the related intercompany period, and then close the Fusion General Ledger's period.
- C. You only need to close Fusion Payables and Receivables periods followed by the Fusion GeneralLedger's period.
- D. Close the related intercompany period, close Fusion Payables and Receivables periods, and then Fusion General Ledger.
Correct Answer: D 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
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. Transaction Objects
- B. Event Entities
- C. Mapping Sets
- D. Event Classes
- E. Accounting attributes
Correct Answer: A 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).





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