Oracle 1z1-408 : Oracle Fusion Financials: General Ledger 2014 Essentials

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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding of the financial results.
What's the most efficient way to achieve this?

A) Use Smart View, which is and Excel Add-on
B) When designing your financial statement using Financial Report (FR), embed a chart into your report
C) Use Account Inspector that automatically creates graphs on financial balances.
D) When viewing the report, download to Excel and use Excel's Charting features to create your bar graph.

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

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

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

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

4. You want to specify Intercompany System Options.
Which three factors should you consider?

A) Whether to enforce an enterprise-wide currency or allow in intercompany transactions in local currencies
B) Whether to allow receivers to reject intercompany transactions
C) Automatic or manual batch numbering and the maximum transaction amount
D) The approvers who will approve intercompany transactions
E) Automatic or manual batch numbering and the minimum transaction amount

5. When working with Essbase, versions of the tree hierarchy as defined in the Fusion not available in the Essbase balances cube.
What should you do to correct this situation?

A) Redeploy the chart of accounts.
B) Make sure to flatten the rows of the tree version.
C) Make sure the tree version was published successfully.
D) Make sure the tree is active.

Solutions: