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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Your customer is reconciling their Intercompany Receivables accounts.
Which two reports should they use In addition to using the intercompany Reconciliation report?

A) General I edger Trial Balance report
B) Receivables Aging by General Ledger Account report
C) AR Aging report
D) Receivables to General Ledger Reconciliation report

2. You lust submitted the Accounting Configuration. Which two statements are correct?

A) You must define a Data Access Set to obtain full read/write access to the ledgers in the Accounting Configuration.
B) A Data Access Set with full read/write access to the ledger is automatically created.
C) Verify the data roles created and assign them to the General Ledger users.
D) Open the ledger's period to begin entering transactions.

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

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

4. Your customer is expanding its operations. You defined a new ledger and several business units. However, you are unable to assign the newly generated data roles to existing Accounts Payables and Accounts Receivables users in the shared service center.
What should you do to correct the problem?

A) Open Access Policy Manager (APM) and assign the roles manually
B) Open the Oracle Identity Management (OIM) and make sure the data roles were created.
C) Open the Manage Users page and make sure the employees at
D) Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.

5. What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube?

A) Define the hierarchy, make sure the tree version is active, and then run the publish account Hierarchies program or the Publish Chart of Accounts Dimension Members and Hierarchies
B) Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for
C) Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.
D) Define the hierarchy, make sure the tree is active, and the Publish check box is selected for the hierarchy.

Solutions: