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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. 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 SmartView to create reports and charts using general ledger and subledger subject areas embed the charts/reports into PowerPoint
C) Download OTBI reports and charts to a spreadsheet and then copy and paste the spreadsheet to PowerPoint
D) Use Smart View and Oracle BI EE View Designer to create reports in PowerPoint, Word, and Excel.

2. You lust submitted the Accounting Configuration. Which two statements are correct?

A) A Data Access Set with full read/write access to the ledger is automatically created.
B) Verify the data roles created and assign them to the General Ledger users.
C) Open the ledger's period to begin entering transactions.
D) You must define a Data Access Set to obtain full read/write access to the ledgers in the Accounting Configuration.

3. You are reconciling your subledger balances and you need a report that includes beginning and ending account balances and all transactions that constitute the account's activities.
What type of report will provide this type of information?

A) Journals Reports
B) Aging Reports
C) An Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balances
D) Account Analysis Reports

4. You are reconciling your Payables the Receivables balances against the General Ledger. You are using the Payables to Ledger Reconciliation report. You notice discrepancies between thebalances in the subledgers, subledger accounting, and general ledger.
Which three factors are responsible for these out-of-balance situations?

A) Period Close processes,such as Revaluation, Translation, and Consolidation have not beenperformed yet
B) There were manually entered journals against the Payables and Receivables accounts that were posted in General Ledger.
C) All sub ledger transactions have been entered but do not have complete accounting.
D) Intercompany transactions have not been fully processed.
E) Subledger transactions have been accounted and transferred to General Ledger but have not been posted.

5. 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

Solutions: