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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Which two are prerequisites for creating subledger accounting entries?

A) Completing preaccounting validation
B) Completing accounting transformation definition and activating Subledger Journal Entry Rule Set assignments for the Accounting Method
C) Selecting source values from transaction objects
D) Populating supporting reference information in reference objects
E) Creating subledger accounting events

2. 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 the related intercompany period, close Fusion Payables and Receivables periods, and then Fusion General Ledger.
B) Close Fusion Payables and Receivables periods, close Fusion General Ledger, and then close the related intercompany period
C) You only need to close Fusion Payables and Receivables periods followed by the Fusion GeneralLedger's period.
D) Close Fusion Payables and Receivables periods, close the related intercompany period, and then close the Fusion General Ledger's period.

3. Which two methods can your General Ledger accountants use to more easily view large amounts of contained in the tables in their work areas?

A) Use the Freeze feature on the tables to scroll through large amounts of data.
B) Run a Business Intelligence Publisher report with Excel as the output format.
C) Export the table to Excel.
D) Detach the table to resize it to the maximum size of the monitor

4. Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA).

A) OTBI allows you to create custom reports from real-time transactional data against thedatabase directly
B) OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, andFusion Applications.
C) Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance
D) OBIA is based on the universal data warehouse design with different prebuilt adapters that canconnect to various source application
E) Cloud customers can use both OTBI and OBIA.

5. You defined a tree or hierarchy, but you are unable to set its status to Active.
What is the reason?

A) Chart of accounts was not deployed.
B) Two tree versions were not defined
C) An Audit process needs to be successfully performed before a tree version can be set to Active.
D) Accounting Configuration was not submitted-

Solutions: