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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

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

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

2. Your company wants to change the Cumulative Translation Adjustment (CTA) account to record gains/losses from varying currency rates.
What steps must you perform to achieve this objective without causing data corruption?

A) Purge all translated balances, change the CTA account in the Ledger page, and rerun Translation for all periods required.
B) Open the Ledgers page and update the CTA account and then rerun Translation for all periods required. The system will automatically update the translated balances.
C) Query the Translation journals and delete all of them, then change the CTA account in the Ledger page, and rerun Translation for all periods required.
D) Define a new ledger and accounting configuration. The CTA account cannot be updated after the ledger has been in use.

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

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

4. 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, make sure the tree is active, and the Publish check box is selected for the hierarchy.
C) Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.
D) Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for

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

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

Solutions: