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Oracle 1z0-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Your customer wants to have balance sheets and income statements for their cost center and program segments. That is, they want to have three balancing segments.
Which two recommendations would you give your customer?

A) Additional intercompany rules will need to be defined for the two additional balancing segments.
B) Every journal where debits do not equal credits across the three balancing segments will result in the System generating extra journal lines to balance the entry.
C) Ledger balancing rules will need to be defined to instruct the system on how to generate balancing entries for the second and third balancing segments.
D) When entering journals manually, the customer will need to make sure that the debits and credits are equal across all balancing segments because the system will not automatically balance the journal.

2. You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?

A) Data Roles
B) You cannot reassign contingent workers.
C) Oracle Identity Manager Roles Assignment
D) Role Mappings
E) Access Policy Manager's Role Generation

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

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

4. What are the two benefits of having the Essbase cube embedded in Fusion General Ledger?

A) Posting performance is much faster.
B) You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously.
C) General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.
D) You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts.
E) Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules.

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

Solutions: