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Oracle 1z1-408 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Intercompany and Balancing | 15% | - Intercompany reconciliation - Configuring intercompany accounts and rules - Automatic balancing and elimination entries |
| Topic 2: Chart of Accounts | 20% | - Designing and configuring chart of accounts structure - Cross-validation rules and segment security - Value sets, segments, and qualifiers |
| Topic 3: Reporting and Analysis | 10% | - Account inspector and balance analysis - Trial balance and inquiry tools - Financial reporting using OTBI and Smart View |
| Topic 4: Ledgers and Accounting Configurations | 20% | - Defining ledgers, ledger sets, and reporting currencies - Accounting calendars and period management - Currency and conversion rules |
| Topic 5: Consolidation and Close Process | 15% | - Translation and revaluation - Consolidation methods and eliminations - Period close and year-end processing |
| Topic 6: Journal Processing | 20% | - Journal import and validation - Recurring, allocation, and reversal journals - Creating, approving, and posting journals |
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
Which reporting tool is best suited for submitting high-volume transactional reports, such as invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or XML?
- A. Oracle Transactional Business Intelligence (OTBI)
- B. Financial Reporting Center
- C. Intelligence Publisher (BI Publish.
- D. Smart View
- E. Oracle Business Intelligence Applications (OBIA)
Correct Answer: A 🗳️
How do you hide accounts with no balances showing #Missing in Smart view?
- A. This indicates a database connection issue. Try to reconnect to Fusion Applications.
- B. Choose the Suppress Zeros option under Data options.
- C. Select the Data/Missing check box in the Data Options tab.
- D. Use Excel functions to hide rows with #Missing assigned
Correct Answer: C 🗳️
Explanation: Only visible for PassLeaderVCE members. You can sign-up / login (it's free).
Journal approval uses Approvals Management Extension (AMX).
Which AMX builder method is most effective in routing the journals to the Accounting Manager when the General Ledger Accountant enters the journal?
- A. Position
- B. Approval Group
- C. Job level
- D. Supervisory level based on HR Supervisors
Correct Answer: B 🗳️
You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What do you need to enable?
- A. Allow Expansion
- B. Drill Through in Grid Properties
- C. Report Functions
- D. Nothing. All report balances are drillable in all FR Studio reports.
Correct Answer: A 🗳️
Which two methods can your General Ledger accountants use to more easily view large amounts of contained in the tables in their work areas?
- A. Export the table to Excel.
- B. Detach the table to resize it to the maximum size of the monitor
- C. Run a Business Intelligence Publisher report with Excel as the output format.
- D. Use the Freeze feature on the tables to scroll through large amounts of data.
Correct Answer: A,B 🗳️
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