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Oracle 1z0-408 Exam Syllabus Topics:

SectionObjectives
Topic 1: Accounting and Subledger Integration- Subledger Accounting
  • 1. Journal import from subledgers
    • 2. Accounting rules
      Topic 2: Period Close Process- Close Activities
      • 1. Adjustments and reconciliations
        • 2. Period close checklist
          Topic 3: Financial Reporting- Reporting Tools
          • 1. Financial statements generation
            • 2. Smart View / reporting frameworks
              Topic 4: Journal Processing- Journal Entries
              • 1. Recurring journals
                • 2. Manual journal creation
                  - Journal Approval and Posting
                  • 1. Approval workflows
                    • 2. Posting processes
                      Topic 5: General Ledger Configuration- Ledger Setup
                      • 1. Accounting calendar setup
                        • 2. Ledger definition and configuration
                          - Chart of Accounts Structure
                          • 1. Value sets and account segments
                            • 2. Account hierarchies

                              Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

                              Question 1

                              You need to define multiple allocation rules as efficiently as possible.
                              Which three components can be reused across allocation rules?

                              A. RuleSets
                              B. Run Time Prompts (RTP)
                              C. Formulas
                              D. Point of View (POV)


                              Question 2

                              Which repot show you differences between your subledger balances and General Ledger balances?

                              A. Payables and Receivables Aging Reports with the General Ledger Trial Balance report
                              B. Payables Trial Balance, Receivables Trial Balance, and General Ledger Trial Balance reports
                              C. Payables to Ledger Reconciliation Report and the Receivables to Ledger Reconciliation Report
                              D. General Ledger Financial Statements and the Accounts Payable and Accounts Receivables Invoice Registers


                              Question 3

                              Which statement is true when creating an Implementation Project for Fusion Financials?

                              A. Selecting the Offering "Financials," automatically allows you to perform the setup for all Fusion Financial products.
                              B. You only need to make the project name unique, then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management and Supply Chain
                              C. You must select the Offering "Financials," and each individual product or option to perform the setup for each product in Fusion Financials.
                              D. Plan your implementation project carefully because you cannot delete it or make changes later. E) The Implementation Project is preconfigured and cannot be deleted or changed.


                              Question 4

                              You want to enter budget data in Fusion General Ledger. Which method is not supported?

                              A. Entering budget Journals
                              B. Smart View
                              C. File-based Data Import
                              D. Application Development Framework Desktop Integration (ADFdi)


                              Question 5

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

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


                              Solutions:

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

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