Exam Name: Oracle Fusion Financials: General Ledger 2014 Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Applications
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Oracle 1z1-408 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Financial Reporting | - Reporting Tools
|
| Topic 2: Journal Processing | - Journal Entries
|
| Topic 3: Accounting and Subledger Integration | - Subledger Accounting
|
| Topic 4: General Ledger Configuration | - Chart of Accounts Structure
|
| Topic 5: Period Close Process | - Close Activities
|
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
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 Inspector
- B. Account Monitor
- C. Smart View
- D. Application Development Framework Desktop Integration(ADFdi)
Correct Answer: A 🗳️
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. Accounting Configuration was not submitted-
- C. An Audit process needs to be successfully performed before a tree version can be set to Active.
- D. Two tree versions were not defined
Correct Answer: D 🗳️
What Is Oracle Essbase?
- A. A relational database
- B. A robust reporting and analysis tool
- C. A data ware house
- D. A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger
Correct Answer: A 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
Your customer has only licensed Fusion Financials and wants to use approval workflows.
Using which page to enter users and assign roles does Oracle consider best practice?
- A. Oracle Identity Management (OIM)
- B. Hire a New Ernployee
- C. Financials not a stand-alone product
- D. Manage Users
- E. Policy Manager (APM)
Correct Answer: A 🗳️
Journal approval uses Approvals Management Extension (AMX).
Which AMX builder method is most effective in routing the journals to the Accounting Manager when the General Ledger Accountant enters the journal?
- A. Position
- B. Supervisory level based on HR Supervisors
- C. Job level
- D. Approval Group
Correct Answer: D 🗳️
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