Oracle 1z0-408 Q&A - in .pdf

  • Exam Code: 1z0-408
  • Exam Name: Oracle Fusion Financials: General Ledger 2014 Essentials
  • Updated: Jul 31, 2026
  • Q & A: 76 Questions and Answers
  • PDF Price: $49.98
  • Printable Oracle 1z0-408 PDF Format. It is an electronic file format regardless of the operating system platform.
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Oracle 1z0-408 Q&A - Testing Engine

  • Exam Code: 1z0-408
  • Exam Name: Oracle Fusion Financials: General Ledger 2014 Essentials
  • Updated: Jul 31, 2026
  • Q & A: 76 Questions and Answers
  • Install on multiple computers for self-paced, at-your-convenience training.
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Oracle 1z0-408 Exam Syllabus Topics:
SectionObjectives
Journal Processing- Journal Approval and Posting
  • 1. Posting processes
    • 2. Approval workflows
      - Journal Entries
      • 1. Manual journal creation
        • 2. Recurring journals
          General Ledger Configuration- Ledger Setup
          • 1. Ledger definition and configuration
            • 2. Accounting calendar setup
              - Chart of Accounts Structure
              • 1. Account hierarchies
                • 2. Value sets and account segments
                  Period Close Process- Close Activities
                  • 1. Period close checklist
                    • 2. Adjustments and reconciliations
                      Accounting and Subledger Integration- Subledger Accounting
                      • 1. Journal import from subledgers
                        • 2. Accounting rules
                          Financial Reporting- Reporting Tools
                          • 1. Smart View / reporting frameworks
                            • 2. Financial statements generation
                              Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

                              1. What type of user must be defined before you can create an Implementation Project?

                              A) None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
                              B) All roles that will be used throughout the implementation
                              C) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
                              D) Implementation Users
                              E) A full-time employee that has the FSM Superuser role assigned


                              2. How do you hide accounts with no balances showing #Missing in Smart view?

                              A) Use Excel functions to hide rows with #Missing assigned
                              B) Choose the Suppress Zeros option under Data options.
                              C) Select the Data/Missing check box in the Data Options tab.
                              D) This indicates a database connection issue. Try to reconnect to Fusion Applications.


                              3. What's the difference between subject areas that append the word "Real Time" and those that do not?

                              A) The "Real Time" subject areas are based on real-time transactions and all others are based on Historical data.
                              B) The "Real time" subject areas are based on sub ledger transactions and all others are based on general ledger balances.
                              C) There is no difference.
                              D) The "Real Time" subject areas are based on real-time transactions in Fusion Applications, and all others are based on data stored in the Oracle Business Intelligence Applications data warehouse.


                              4. You want to automatically post journal batches imported from subledger source to prevent accidental edits of deletions of the subledger sources journals, which could cause an out -ofbalance situation between your sub ledgers and general ledger.
                              Which two aspects should you consider when defining your AutoPost Criteria?

                              A) Use the Alloption for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.
                              B) Schedule your AutoPost Criteria set to run during off-peak hours only
                              C) Include all of your sub ledger sources in the AutoPost Criteria. Divide up criteria sets by subledger source only if you need to schedule different posting times.
                              D) Create your AutoPost criteria using minimal source and categories.


                              5. Your new accountants have been making mistakes in reconciling accounts assigned to them. Yourbalances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation.
                              What feature can you use to be proactively notified of account anomalies in a more timelymanner?

                              A) Financial Reports with Embedded charts
                              B) Account Inspector and its charts
                              C) Smart View
                              D) Account Monitor


                              Solutions:

                              Question # 1
                              Answer: B
                              Question # 2
                              Answer: C
                              Question # 3
                              Answer: A
                              Question # 4
                              Answer: C
                              Question # 5
                              Answer: C

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