Oracle Fusion Financials: General Ledger 2014 Essentials : 1z1-408

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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Which two delivered ro.es can access the full functionality of Functional Setup Manager,

A) Functional Setup Manager Superuser
B) Application Implementation Manager
C) IT Security Manager
D) Application Implementation Consultant
E) Any functional user

2. Your customer wants to have balance sheets and income statements for their cost center and program segments. That is, they want to have three balancing segments.
Which two recommendations would you give your customer?

A) Ledger balancing rules will need to be defined to instruct the system on how to generate balancing entries for the second and third balancing segments.
B) Additional intercompany rules will need to be defined for the two additional balancing segments.
C) When entering journals manually, the customer will need to make sure that the debits and credits are equal across all balancing segments because the system will not automatically balance the journal.
D) Every journal where debits do not equal credits across the three balancing segments will result in the System generating extra journal lines to balance the entry.

3. What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube?

A) Define the hierarchy, make sure the tree is active, and the Publish check box is selected for the hierarchy.
B) Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for
C) Define the hierarchy, make sure the tree version is active, and then run the publish account Hierarchies program or the Publish Chart of Accounts Dimension Members and Hierarchies
D) Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.

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

5. 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 available in Oracle Identity Manager (OIM) to import users.
B) Use the "Hire an Employee" user interfaceto inter each user manually.
C) Use the spreadsheet templates available in Oracle Enterprise Repository (OER) and then import users into Fusion Applications.
D) Use SQL to populate the HR interface tables and load employees in bulk.
E) Use the "Enter a Supplier" user interface to enter each user manually.

Solutions: