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Oracle 1z0-408 Exam Syllabus Topics:

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

                              Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

                              Your customer has only licensed Fusion Financials and wants to use approval workflows.
                              Using which page to enter users and assign roles does Oracle consider best practice?

                              • A. Hire a New Ernployee
                              • B. Manage Users
                              • C. Financials not a stand-alone product
                              • D. Oracle Identity Management (OIM)
                              • E. Policy Manager (APM)
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

                              Your customer is expanding its operations. You defined a new ledger and several business units. However, you are unable to assign the newly generated data roles to existing Accounts Payables and Accounts Receivables users in the shared service center.
                              What should you do to correct the problem?

                              • A. Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.
                              • B. Open the Oracle Identity Management (OIM) and make sure the data roles were created.
                              • C. Open Access Policy Manager (APM) and assign the roles manually
                              • D. Open the Manage Users page and make sure the employees at
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

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

                              • A. Chart of accounts was not deployed.
                              • B. Two tree versions were not defined
                              • C. An Audit process needs to be successfully performed before a tree version can be set to Active.
                              • D. Accounting Configuration was not submitted-
                              Reveal Solution  Discussion  0

                              Correct Answer: B  🗳️

                              Your user forgot the password. How do you resolve this?

                              • A. Use the Manage Users page to update the user's information and change the password.
                              • B. Log in to the user's machine as an Administrator and change the password from the login pa
                              • C. Create a new user ID and password for the user.
                              • D. Use Oracle Identity Management (OIM) to reset the user's password.
                              • E. Use Access Policy Manager (APM) to reset the user's password.
                              Reveal Solution  Discussion  0

                              Correct Answer: D  🗳️

                              Explanation: Only visible for PassLeaderVCE members. You can sign-up / login (it's free).

                              You are required to enter a high volume of users into the system. What does Oracle consider best practice to do this?

                              • A. Use SQL to populate the HR interface tables and load employees in bulk.
                              • B. Use the "Enter a Supplier" user interface to enter each user manually.
                              • C. Use the spreadsheet available in Oracle Identity Manager (OIM) to import users.
                              • D. Use the "Hire an Employee" user interfaceto inter each user manually.
                              • E. Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import users into Fusion Applications.
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

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