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Oracle 1z1-408 Exam Syllabus Topics:
| Section | Objectives |
| Topic 1: Accounting and Subledger Integration | - Subledger Accounting
- 1. Journal import from subledgers
- 2. Accounting rules
|
| Topic 2: General Ledger Configuration | - Chart of Accounts Structure
- 1. Value sets and account segments
- 2. Account hierarchies
- Ledger Setup
- 1. Accounting calendar setup
- 2. Ledger definition and configuration
|
| Topic 3: Journal Processing | - Journal Approval and Posting
- 1. Approval workflows
- 2. Posting processes
- Journal Entries
- 1. Recurring journals
- 2. Manual journal creation
|
| Topic 4: Period Close Process | - Close Activities
- 1. Period close checklist
- 2. Adjustments and reconciliations
|
| Topic 5: Financial Reporting | - Reporting Tools
- 1. Financial statements generation
- 2. Smart View / reporting frameworks
|
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
1. Your customer is having issues transferring intercompany transactions to General Ledger..
Identify three reasons for this.
A) Both the intercompany and general ledger periods are open.
B) If they are different, then the exchange rate is missing between the intercompany and ledger currency.
C) The corresponding Payables and Receivablesinvoicehave not been generated.
D) The intercompany period is closed.
E) The intercompany transaction is not approved.
2. Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?
A) Click the Withdraw Approval button in the Edit Journals page and edit the journal.
B) Reverse the journaland create a new one.
C) Delete the journal and create a new journal.
D) Update the journal through workflow
3. 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) Open Access Policy Manager (APM) and assign the roles manually
B) Make sure you run the Retrieve Latest LDAP Changes program to regenerate the data roles.
C) Open the Oracle Identity Management (OIM) and make sure the data roles were created.
D) Open the Manage Users page and make sure the employees at
4. You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding of the financial results.
What's the most efficient way to achieve this?
A) Use Smart View, which is and Excel Add-on
B) When viewing the report, download to Excel and use Excel's Charting features to create your bar graph.
C) When designing your financial statement using Financial Report (FR), embed a chart into your report
D) Use Account Inspector that automatically creates graphs on financial balances.
5. Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA).
A) OTBI allows you to create custom reports from real-time transactional data against thedatabase directly
B) Cloud customers can use both OTBI and OBIA.
C) OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, andFusion Applications.
D) Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance
E) OBIA is based on the universal data warehouse design with different prebuilt adapters that canconnect to various source application
Solutions:
Question # 1 Answer: B,C,E | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A,C,D |