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

  • Exam Code: 1z0-408
  • Exam Name: Oracle Fusion Financials: General Ledger 2014 Essentials
  • Updated: Aug 27, 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: Aug 27, 2026
  • Q & A: 76 Questions and Answers
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Oracle 1z0-408 Exam Syllabus Topics:
SectionObjectives
General Ledger Configuration- Chart of Accounts Structure
  • 1. Value sets and account segments
    • 2. Account hierarchies
      - Ledger Setup
      • 1. Accounting calendar setup
        • 2. Ledger definition and configuration
          Financial Reporting- Reporting Tools
          • 1. Financial statements generation
            • 2. Smart View / reporting frameworks
              Accounting and Subledger Integration- Subledger Accounting
              • 1. Accounting rules
                • 2. Journal import from subledgers
                  Period Close Process- Close Activities
                  • 1. Period close checklist
                    • 2. Adjustments and reconciliations
                      Journal Processing- Journal Entries
                      • 1. Recurring journals
                        • 2. Manual journal creation
                          - Journal Approval and Posting
                          • 1. Approval workflows
                            • 2. Posting processes
                              Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

                              1. You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What do you need to enable?

                              A) Allow Expansion
                              B) Drill Through in Grid Properties
                              C) Nothing. All report balances are drillable in all FR Studio reports.
                              D) Report Functions


                              2. You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?

                              A) You cannot reassign contingent workers.
                              B) Role Mappings
                              C) Data Roles
                              D) Oracle Identity Manager Roles Assignment
                              E) Access Policy Manager's Role Generation


                              3. Your customer has many eliminating entries to eliminate intercompany balances. The General Ledge does not include a purpose-built Consolidation feature.
                              How would you automate the process of creating eliminating entries, assuming your customer is not using Oracle Hyperion Financial Close Management?

                              A) There is no way to automate this process if the customer is not using Oracle Hyperion Financial Close Management.
                              B) Use the spreadsheet template that is accessed from the "Create Journal in Spreadsheet" task and import the spreadsheet with the eliminating entries every period.
                              C) Use the General Ledger's Calculation Manager to define an allocation definition to eliminate entries that you can generate every period.
                              D) Create a manual journal that includes the eliminating entries, and then create a copy of the Journal batch every period.


                              4. You want to process multiple allocations at the same time. What feature do you use?

                              A) Formulas
                              B) General Ledger Journal entries
                              C) Point of View (POV)
                              D) RuleSets


                              5. You want to display OTBI reports and graphs in PowerPoint to show general ledger or subledger data.
                              How do you accomplish this?

                              A) Use Account Inspector and then export to Excel and copy and paste into PowerPoint.
                              B) Download OTBI reports and charts to a spreadsheet and then copy and paste the spreadsheet to PowerPoint
                              C) Use SmartView to create reports and charts using general ledger and subledger subject areas embed the charts/reports into PowerPoint
                              D) Use Smart View and Oracle BI EE View Designer to create reports in PowerPoint, Word, and Excel.


                              Solutions:

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

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