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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

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

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

2. 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) Drill Through in Grid Properties
B) Report Functions
C) Allow Expansion
D) Nothing. All report balances are drillable in all FR Studio reports.

3. You operate in a country whose unstable currency makes it unsuitable for managing your day-today business. As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency.
What would be your recommendation when defining ledgers?

A) Use Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable currency.
B) Define Balance-Level Reporting Currencies in the more stable currency and run Translation as often as you need.
C) Create a secondary ledger that uses a different chart of accounts that is denominated in the more stable currency.
D) Run Revaluation as often as you need to the more stable currency and report on the more stable currency'sbalances.

4. You are reconciling your subledger balances and you need a report that includes beginning and ending account balances and all transactions that constitute the account's activities.
What type of report will provide this type of information?

A) Journals Reports
B) Aging Reports
C) Account Analysis Reports
D) An Online Transactional Business Intelligence (OTBI) report to create ad hoc queries on transactions and balances

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

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

Solutions: