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Oracle 1z0-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. You want to monitor the dose process of all your financial subledgers and ledgers.
How can you quickly obtain this information?

A) Use Close Monitor in General Accounting Dashboard.
B) Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period.
C) Run Closing Status reports.
D) Use the Manage Accounting Periods page to view the status of all subledgers and ledgers.

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

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

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

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

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

5. What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube?

A) Define the hierarchy, make sure the tree is active, and the Publish check box is selected for the hierarchy.
B) Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.
C) Define the hierarchy, make sure the tree version is active, and then run the publish account Hierarchies program or the Publish Chart of Accounts Dimension Members and Hierarchies
D) Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for

Solutions: