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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. You want to be notified of anomalies in certain account balances in real time. What is the rnost efficient way to do this?

A) Perform an account analysis online.
B) Use Account Inspector.
C) Create an Account Group using Account Monitor.
D) Open a Smart View file saved on your desktop.

2. What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube?

A) Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for
B) Define the hierarchy, make sure the tree is active, and the Publish check box is selected for the hierarchy.
C) Define the hierarchy, make sure the tree version is active, and then run the publish account Hierarchies program or the Publish Chart of Accounts Dimension Members and Hierarchies
D) Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.

3. Which repot show you differences between your subledger balances and General Ledger balances?

A) Payables and Receivables Aging Reports with the General Ledger Trial Balance report
B) Payables Trial Balance, Receivables Trial Balance, and General Ledger Trial Balance reports
C) Payables to Ledger Reconciliation Report and the Receivables to Ledger Reconciliation Report
D) General Ledger Financial Statements and the Accounts Payable and Accounts Receivables Invoice Registers

4. Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?

A) Click the Withdraw Approval button in the Edit Journals page and edit the journal.
B) Update the journal through workflow
C) Reverse the journaland create a new one.
D) Delete the journal and create a new journal.

5. Which statement is true when creating an Implementation Project for Fusion Financials?

A) You must select the Offering "Financials," and each individual product or option to perform the setup for each product in Fusion Financials.
B) Plan your implementation project carefully because you cannot delete it or make changes later. E) The Implementation Project is preconfigured and cannot be deleted or changed.
C) Selecting the Offering "Financials," automatically allows you to perform the setup for all Fusion Financial products.
D) You only need to make the project name unique, then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management and Supply Chain

Solutions: