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Oracle 1z0-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Your customer is having issues transferring intercompany transactions to General Ledger..
Identify three reasons for this.

A) Both the intercompany and general ledger periods are open.
B) If they are different, then the exchange rate is missing between the intercompany and ledger currency.
C) The corresponding Payables and Receivablesinvoicehave not been generated.
D) The intercompany transaction is not approved.
E) The intercompany period is closed.

2. Which two General Ledger work would you assign to all your entry-level General Ledger accountants?

A) Period Close Work Area
B) Journals Work Area
C) General Accounting Dashboard
D) Financial Reporting Center

3. After loading your budget data into Fusion Genera. Ledger, you can view budget balances using these feature.
Which feature does not belong on the list?

A) Smart View
B) Application Development Framework Desktop Integration(ADFdi)
C) Account Inspector
D) Account Monitor

4. You defined a tree or hierarchy, but you are unable to set its status to Active.
What is the reason?

A) Accounting Configuration was not submitted-
B) Chart of accounts was not deployed.
C) An Audit process needs to be successfully performed before a tree version can be set to Active.
D) Two tree versions were not defined

5. What is the most efficient way to add a new year to the accounting calendar?

A) Use the Add Year button
B) Import the periods from a spreadsheet
C) The application automatically populates the next year when you open the first period a new fiscal year.
D) Add the periods manually

Solutions: