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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

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

A) You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts.
B) Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules.
C) 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.
D) Posting performance is much faster.
E) General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.

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

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

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

5. What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?

A) Mapping Sets
B) Event Entities
C) Event Classes
D) Transaction Objects
E) Accounting attributes

Solutions: