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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. 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) Use Excel functions to hide rows with #Missing assigned
D) Select the Data/Missing check box in the Data Options tab.

2. You want to monitor the dose process of all your financial subledgers and ledgers.
How can you quickly obtain this information?

A) Run Closing Status reports.
B) Use the Manage Accounting Periods page to view the status of all subledgers and ledgers.
C) Use Close Monitor in General Accounting Dashboard.
D) Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period.

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

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

4. You defined a tree or hierarchy, but you are unable to set its status to Active.
What is the reason?

A) An Audit process needs to be successfully performed before a tree version can be set to Active.
B) Chart of accounts was not deployed.
C) Accounting Configuration was not submitted-
D) Two tree versions were not defined

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

Solutions: