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Oracle 1z0-408 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Ledgers and Accounting Configurations | 20% | - Accounting calendars and period management - Currency and conversion rules - Defining ledgers, ledger sets, and reporting currencies |
| Topic 2: Intercompany and Balancing | 15% | - Intercompany reconciliation - Automatic balancing and elimination entries - Configuring intercompany accounts and rules |
| Topic 3: Chart of Accounts | 20% | - Cross-validation rules and segment security - Value sets, segments, and qualifiers - Designing and configuring chart of accounts structure |
| Topic 4: Reporting and Analysis | 10% | - Financial reporting using OTBI and Smart View - Account inspector and balance analysis - Trial balance and inquiry tools |
| Topic 5: Consolidation and Close Process | 15% | - Translation and revaluation - Consolidation methods and eliminations - Period close and year-end processing |
| Topic 6: Journal Processing | 20% | - Journal import and validation - Creating, approving, and posting journals - Recurring, allocation, and reversal journals |
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
1. You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.
What does Oracle consider as best practice to define this chart or accounts?
A) Define the company segment only and qualify it as both the primary balancing segment andintercompany segment.
B) Share the same value set for the company and intercompany segments to reduce chart of accounts maintenance.
C) Use two different value sets for the company and intercompany segment because segment value security rules are at the value set level.
D) Define two different charts of accounts.
2. You are required to enter a high volume of users into the system. What does Oracle consider best practice to do this?
A) Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import users into Fusion Applications.
B) Use SQL to populate the HR interface tables and load employees in bulk.
C) Use the "Hire an Employee" user interfaceto inter each user manually.
D) Use the spreadsheet available in Oracle Identity Manager (OIM) to import users.
E) Use the "Enter a Supplier" user interface to enter each user manually.
3. What's the difference between subject areas that append the word "Real Time" and those that do not?
A) The "Real Time" subject areas are based on real-time transactions and all others are based on Historical data.
B) There is no difference.
C) 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.
D) The "Real time" subject areas are based on sub ledger transactions and all others are based on general ledger balances.
4. Which two delivered ro.es can access the full functionality of Functional Setup Manager,
A) Application Implementation Manager
B) Functional Setup Manager Superuser
C) IT Security Manager
D) Any functional user
E) Application Implementation Consultant
5. Your user forgot the password. How do you resolve this?
A) Use Oracle Identity Management (OIM) to reset the user's password.
B) Use the Manage Users page to update the user's information and change the password.
C) Use Access Policy Manager (APM) to reset the user's password.
D) Create a new user ID and password for the user.
E) Log in to the user's machine as an Administrator and change the password from the login pa
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: A,E | Question # 5 Answer: A |







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