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Oracle 1z0-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. You need to integrate Fusion Accounting Hub with external source systems used for Billing.
Identity the step that is not correct when implementing this integration.

A) Create the accounting in the source system and then import the journal entries into subledger accounting.
B) Analyze external system transactions.
C) Determine the accounting impact of transactions.
D) Capture accounting events.

2. Identify three functions of Functional Setup Manager.

A) Provide a central place to access and perform all of the setup steps across Fusion application product
B) Assign setup tasks to individuals with due dates where users must manually update their completion status.
C) Centrally manage the close processes across subledgers and ledgers.
D) Automatically mark the status of tasks as Completed after they have been completed.
E) Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.

3. What's the difference between subject areas that append the word "Real Time" and those that do not?

A) There is no difference.
B) The "Real Time" subject areas are based on real-time transactions and all others are based on Historical data.
C) The "Real time" subject areas are based on sub ledger transactions and all others are based on general ledger balances.
D) The "Real Time" subject areas are based on real-time transactions in Fusion Applications, and all others are based on data stored in the Oracle Business Intelligence Applications data warehouse.

4. Your customer operates three shared services that perform accounting functions across 50 countries.
What feature allows them to share setup data, such as Payment Terms, across Business Units?

A) Reference Data Sets
B) None. Setup data is partitioned by Business Unit and must be defined separately per Business Unit.
C) Data Access Sets
D) Business Units functions

5. You lust submitted the Accounting Configuration. Which two statements are correct?

A) Open the ledger's period to begin entering transactions.
B) Verify the data roles created and assign them to the General Ledger users.
C) You must define a Data Access Set to obtain full read/write access to the ledgers in the Accounting Configuration.
D) A Data Access Set with full read/write access to the ledger is automatically created.

Solutions: