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Oracle 1z0-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

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

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

2. Which three objectives must be considered when designing the chart of accounts?

A) Effectively manage an organization's financial business.
B) Try to use all 30 segments and 25 characters per segment because you cannot change It later.
C) Limit the number of segments to those you need today to reduce data entry.
D) Consider implementing a single, global chart of accounts
E) Anticipate growth and maintenance needs as organizational changes occur.

3. What are the two benefits of having the Essbase cube embedded in Fusion General Ledger?

A) Posting performance is much faster.
B) Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules.
C) You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously.
D) General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.
E) You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts.

4. The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times.
Which journal attribute should you use to set the automatic posting criteria?

A) Journal Batch
B) Journal Category
C) Journal Source
D) Journal Description

5. Which two delivered ro.es can access the full functionality of Functional Setup Manager,

A) Application Implementation Manager
B) IT Security Manager
C) Any functional user
D) Functional Setup Manager Superuser
E) Application Implementation Consultant

Solutions: