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Oracle 1z0-408 Test Passed : Oracle Fusion Financials: General Ledger 2014 Essentials

1z0-408 actual test
  • Exam Code: 1z0-408
  • Exam Name: Oracle Fusion Financials: General Ledger 2014 Essentials
  • Updated: Jul 30, 2026
  • Q & A: 76 Questions and Answers
  • PDF Demo
  • PC Test Engine
  • Online Test Engine
  • Total Price: $49.99  

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Oracle 1z0-408 Exam Syllabus Topics:

SectionObjectives
Financial Reporting- Reporting Tools
  • 1. Smart View / reporting frameworks
    • 2. Financial statements generation
      Accounting and Subledger Integration- Subledger Accounting
      • 1. Journal import from subledgers
        • 2. Accounting rules
          General Ledger Configuration- Ledger Setup
          • 1. Ledger definition and configuration
            • 2. Accounting calendar setup
              - Chart of Accounts Structure
              • 1. Value sets and account segments
                • 2. Account hierarchies
                  Journal Processing- Journal Entries
                  • 1. Manual journal creation
                    • 2. Recurring journals
                      - Journal Approval and Posting
                      • 1. Posting processes
                        • 2. Approval workflows
                          Period Close Process- Close Activities
                          • 1. Period close checklist
                            • 2. Adjustments and reconciliations

                              Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

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

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


                              2. Your new accountants have been making mistakes in reconciling accounts assigned to them. Yourbalances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation.
                              What feature can you use to be proactively notified of account anomalies in a more timelymanner?

                              A) Account Inspector and its charts
                              B) Account Monitor
                              C) Smart View
                              D) Financial Reports with Embedded charts


                              3. The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times.
                              Which journal attribute should you use to set the automatic posting criteria?

                              A) Journal Category
                              B) Journal Description
                              C) Journal Batch
                              D) Journal Source


                              4. You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?

                              A) Role Mappings
                              B) Access Policy Manager's Role Generation
                              C) You cannot reassign contingent workers.
                              D) Data Roles
                              E) Oracle Identity Manager Roles Assignment


                              5. You want to prevent intercompany transactions from being entered during the last day of the close.
                              What should you do?

                              A) Close the General Ledger period in the Manage Accounting Periods page.
                              B) Freeze the Intercompany Journal source in General Ledger.
                              C) Close Intercompany periods in Fusion Intercompany.
                              D) Close all subledger periods.


                              Solutions:

                              Question # 1
                              Answer: D
                              Question # 2
                              Answer: C
                              Question # 3
                              Answer: C
                              Question # 4
                              Answer: A
                              Question # 5
                              Answer: C

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