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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) 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.
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) Additional intercompany rules will need to be defined for the two additional balancing segments.

2. What Is Oracle Essbase?

A) A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger
B) A relational database
C) A robust reporting and analysis tool
D) A data ware house

3. Which two types of journals can be automatically routed through the journal approval process?

A) Sub ledger journals
B) Journals imported from third-party systems
C) Manual journals
D) Allocation journals
E) Revaluation journals

4. Which two statements are true regarding the export/import of reports?

A) A set of reports lists user names, suppliers, and customers that have been exported/imported
B) To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.
C) Reports on setup data can be used to compare and analyze how the data might have changed over time.
D) A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.
E) The export/import reports are available only for Fusion Customer Relationship Management.

5. Which statement is true when creating an Implementation Project for Fusion Financials?

A) Selecting the Offering "Financials," automatically allows you to perform the setup for all Fusion Financial products.
B) You only need to make the project name unique, then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management and Supply Chain
C) You must select the Offering "Financials," and each individual product or option to perform the setup for each product in Fusion Financials.
D) Plan your implementation project carefully because you cannot delete it or make changes later. E) The Implementation Project is preconfigured and cannot be deleted or changed.

Solutions: