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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. 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) Detach the table to resize it to the maximum size of the monitor
B) Run a Business Intelligence Publisher report with Excel as the output format.
C) Export the table to Excel.
D) Use the Freeze feature on the tables to scroll through large amounts of data.

2. Identify three functions of Functional Setup Manager.

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

3. Which statement is true when creating an Implementation Project for Fusion Financials?

A) You only need to make the project name unique, then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management and Supply Chain
B) Plan your implementation project carefully because you cannot delete it or make changes later. E) The Implementation Project is preconfigured and cannot be deleted or changed.
C) Selecting the Offering "Financials," automatically allows you to perform the setup for all Fusion Financial products.
D) You must select the Offering "Financials," and each individual product or option to perform the setup for each product in Fusion Financials.

4. Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use intercompany entries.
What is Oracle's recommended best practice when implementing; a new chart of accounts? How many segments and what segment qualifiers should be used?

A) Define three segments for the company, department, and natural account. The qualifiers shouldbe primary balancing segment, cost center segment, and natural account segment, respectively
B) Define four segments for the company, department, natur.il account, and intercompany segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, and intercompany segment, respectively.
C) Define three segments tor the company, department, and natural account. The qualifiers for the first segment should be primary balancing segment and intercompany segment, cost center segment, and natural account segment, respectively.
D) Define five segments for the company, department, natural account, intercompany, and future use segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, intercompany segment, and no qualifier, respectively.

5. What type of user must be defined before you can create an Implementation Project?

A) All roles that will be used throughout the implementation
B) Implementation Users
C) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
D) None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
E) A full-time employee that has the FSM Superuser role assigned

Solutions: