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Oracle Fusion Financials: General Ledger 2014 Essentials : 1z0-408

1z0-408 actual test
  • Exam Code: 1z0-408
  • Exam Name: Oracle Fusion Financials: General Ledger 2014 Essentials
  • Updated: Aug 21, 2026
  • Q & A: 76 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $49.99  

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Oracle 1z0-408 Exam Syllabus Topics:

SectionObjectives
Financial Reporting and Analysis- Reporting Capabilities
  • 1. Financial Reporting Center and Smart View integration
    • 2. Financial statement generation
      • 3. Account inquiry and balances analysis
        Journal Processing- Journal Management
        • 1. Journal posting and reversal processing
          • 2. Spreadsheet and automated journal import
            • 3. Manual journal entry and approval
              Enterprise Structure and Configuration- Enterprise Setup
              • 1. Ledgers and ledger sets configuration
                • 2. Accounting calendars and accounting conventions
                  • 3. Chart of Accounts configuration
                    Allocations and Period Close- Period-End Processing
                    • 1. Year-end processing
                      • 2. Open and close accounting periods
                        • 3. Allocation rules and formulas
                          General Ledger Fundamentals- General Ledger Overview
                          • 1. Oracle Fusion Financials architecture and General Ledger concepts
                            • 2. Ledger, legal entity, and business unit relationships
                              Intercompany and Consolidation- Advanced General Ledger Features
                              • 1. Intercompany balancing and transactions
                                • 2. Consolidation concepts and processing
                                  • 3. Secondary ledgers and reporting currencies

                                    Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

                                    1. Which reporting tool is best suited for submitting high-volume transactional reports, such as invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or XML?

                                    A) Financial Reporting Center
                                    B) Oracle Business Intelligence Applications (OBIA)
                                    C) Smart View
                                    D) Oracle Transactional Business Intelligence (OTBI)
                                    E) Intelligence Publisher (BI Publish.


                                    2. Which two delivered ro.es can access the full functionality of Functional Setup Manager,

                                    A) Functional Setup Manager Superuser
                                    B) Application Implementation Manager
                                    C) Any functional user
                                    D) IT Security Manager
                                    E) Application Implementation Consultant


                                    3. You want to display OTBI reports and graphs in PowerPoint to show general ledger or subledger data.
                                    How do you accomplish this?

                                    A) Download OTBI reports and charts to a spreadsheet and then copy and paste the spreadsheet to 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) Use Account Inspector and then export to Excel and copy and paste into PowerPoint.


                                    4. Invoices received from a source system need to use a specific account based on 30 different expense types. However, if the invoice is from a specific supplier type, it needs to go to a default account regardless of the account type.
                                    What is the solution?

                                    A) Create two journal line rules with a condition of supplier type.
                                    B) Create an Account Rule with three rule elements using one for expense type mapping, one for condition of supplier type, and the other without any conditions.
                                    C) Create an Account Rule with 31 rule elements using one condition for each expense type and another for supplier type.
                                    D) Create an Account Rule with two rule elements using one for expense type mapping and the other for the condition of supplier type.


                                    5. What type of user must be defined before you can create an Implementation Project?

                                    A) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
                                    B) A full-time employee that has the FSM Superuser role assigned
                                    C) All roles that will be used throughout the implementation
                                    D) Implementation Users
                                    E) None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.


                                    Solutions:

                                    Question # 1
                                    Answer: D
                                    Question # 2
                                    Answer: B,E
                                    Question # 3
                                    Answer: B
                                    Question # 4
                                    Answer: D
                                    Question # 5
                                    Answer: C

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