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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. 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) Create your AutoPost criteria using minimal source and categories.
B) 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.
C) Use the Alloption for category and accounting period to reduce maintenance and ensure that all imported journals are included in the posting process.
D) Schedule your AutoPost Criteria set to run during off-peak hours only

2. Which two statements are true regarding how Intercompany Balancing Rule, are defied?

A) You can define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment value.
B) You can define different balancing rules for different combinations of journal sources, journal categories, and transaction types
C) You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.
D) All ledgers engaged in an intercompany transaction must share the same chart: of accounts in order to define balancing rules

3. You want to be notified of anomalies in certain account balances in real time. What is the rnost efficient way to do this?

A) Create an Account Group using Account Monitor.
B) Open a Smart View file saved on your desktop.
C) Perform an account analysis online.
D) Use Account Inspector.

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) Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.
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) Open Access Policy Manager (APM) and assign the roles manually

5. You want to define a tree or hierarchy for use in reports and allocations.
What three aspects should you remember when creating the tree?

A) It is fine to have the same child value roll up to two or more different parent values.
B) You need to flatten the rows to be able to use drilldown in Smart View and you must publishtree to view the hierarchy in Essbase cubes.
C) The tree should have at least two tree versions to reduce report and allocation maintenance.
D) You must flatten the columns and publish the tree to view the hierarchy in Essbase cubes.
E) You only need to flatten the columns if you plan to use the hierarchy in Oracle Transactional Business Intelligence (OTBI).

Solutions: