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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. What is the most efficient way to add a new year to the accounting calendar?

A) Use the Add Year button
B) Add the periods manually
C) Import the periods from a spreadsheet
D) The application automatically populates the next year when you open the first period a new fiscal year.

2. You need to define multiple allocation rules as efficiently as possible.
Which three components can be reused across allocation rules?

A) Formulas
B) RuleSets
C) Point of View (POV)
D) Run Time Prompts (RTP)

3. You want to be notified of anomalies in certain account balances in real time. What is the rnost efficient way to do this?

A) Open a Smart View file saved on your desktop.
B) Use Account Inspector.
C) Perform an account analysis online.
D) Create an Account Group using Account Monitor.

4. 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) Account Analysis Reports
D) An Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balances

5. After loading your budget data into Fusion Genera. Ledger, you can view budget balances using these feature.
Which feature does not belong on the list?

A) Account Monitor
B) Account Inspector
C) Smart View
D) Application Development Framework Desktop Integration(ADFdi)

Solutions: