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Oracle 1z0-408 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Accounting and Subledger Integration | - Subledger Accounting
|
| Journal Processing | - Journal Approval and Posting
|
| Financial Reporting | - Reporting Tools
|
| Period Close Process | - Close Activities
|
| General Ledger Configuration | - Chart of Accounts Structure
|
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
Which three objectives must be considered when designing the chart of accounts?
- A. Limit the number of segments to those you need today to reduce data entry.
- B. Anticipate growth and maintenance needs as organizational changes occur.
- C. Try to use all 30 segments and 25 characters per segment because you cannot change It later.
- D. Effectively manage an organization's financial business.
- E. Consider implementing a single, global chart of accounts
Correct Answer: B,D,E 🗳️
What Is Oracle Essbase?
- A. A relational database
- B. A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger
- C. A data ware house
- D. A robust reporting and analysis tool
Correct Answer: A 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding of the financial results.
What's the most efficient way to achieve this?
- A. Use Smart View, which is and Excel Add-on
- B. Use Account Inspector that automatically creates graphs on financial balances.
- C. When viewing the report, download to Excel and use Excel's Charting features to create your bar graph.
- D. When designing your financial statement using Financial Report (FR), embed a chart into your report
Correct Answer: B 🗳️
Explanation: Only visible for TestValid members. You can sign-up / login (it's free).
Most of the accounting entries for transactions from your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source.
At what level can you override the default accounting attribute assignment?
- A. Journal Line Rule
- B. Event Class
- C. Event Type
- D. Journal Entry Rule Set
- E. Journal Entry
Correct Answer: D 🗳️
You want to enter budget data in Fusion General Ledger. Which method is not supported?
- A. Smart View
- B. Application Development Framework Desktop Integration (ADFdi)
- C. Entering budget Journals
- D. File-based Data Import
Correct Answer: C 🗳️
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