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Oracle 1z1-408 Questions & Answers - in .pdf

1z1-408 pdf
  • Total Q&A: 76
  • Update: Aug 07, 2026
  • Price: $49.99
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  • Vendor: Oracle
  • Exam Code: 1z1-408
  • Exam Name: Oracle Fusion Financials: General Ledger 2014 Essentials
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Oracle 1z1-408 Q&A - Testing Engine

1z1-408 Study Guide
  • Total Q&A: 76
  • Update: Aug 07, 2026
  • Price: $49.99
Testing Engine
  • Vendor: Oracle
  • Exam Code: 1z1-408
  • Exam Name: Oracle Fusion Financials: General Ledger 2014 Essentials
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Oracle 1z1-408 Exam Syllabus Topics:

SectionObjectives
Topic 1: Journal Processing- Journal Management
  • 1. Journal posting and reversal processing
    • 2. Manual journal entry and approval
      • 3. Spreadsheet and automated journal import
        Topic 2: Allocations and Period Close- Period-End Processing
        • 1. Year-end processing
          • 2. Allocation rules and formulas
            • 3. Open and close accounting periods
              Topic 3: Intercompany and Consolidation- Advanced General Ledger Features
              • 1. Intercompany balancing and transactions
                • 2. Consolidation concepts and processing
                  • 3. Secondary ledgers and reporting currencies
                    Topic 4: General Ledger Fundamentals- General Ledger Overview
                    • 1. Ledger, legal entity, and business unit relationships
                      • 2. Oracle Fusion Financials architecture and General Ledger concepts
                        Topic 5: Financial Reporting and Analysis- Reporting Capabilities
                        • 1. Financial statement generation
                          • 2. Account inquiry and balances analysis
                            • 3. Financial Reporting Center and Smart View integration
                              Topic 6: Enterprise Structure and Configuration- Enterprise Setup
                              • 1. Accounting calendars and accounting conventions
                                • 2. Chart of Accounts configuration
                                  • 3. Ledgers and ledger sets configuration

                                    Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

                                    1. Most of the accounting entries for transactions from your source system use TRANSACTION_AMOUNT as a source of the entered amount accounting attribute. For some events, you need to use TAX_AMOUNT as the source.
                                    At what level can you override the default accounting attribute assignment?

                                    A) Event Class
                                    B) Journal Line Rule
                                    C) Journal Entry Rule Set
                                    D) Event Type
                                    E) Journal Entry


                                    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) Smart View
                                    C) Account Monitor
                                    D) Financial Reports with Embedded charts


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


                                    4. Which repot show you differences between your subledger balances and General Ledger balances?

                                    A) Payables to Ledger Reconciliation Report and the Receivables to Ledger Reconciliation Report
                                    B) Payables Trial Balance, Receivables Trial Balance, and General Ledger Trial Balance reports
                                    C) General Ledger Financial Statements and the Accounts Payable and Accounts Receivables Invoice Registers
                                    D) Payables and Receivables Aging Reports with the General Ledger Trial Balance report


                                    5. You want to display OTBI reports and graphs in PowerPoint to show general ledger or subledger data.
                                    How do you accomplish this?

                                    A) Use Smart View and Oracle BI EE View Designer to create reports in PowerPoint, Word, and Excel.
                                    B) Download OTBI reports and charts to a spreadsheet and then copy and paste the spreadsheet to PowerPoint
                                    C) Use SmartView to create reports and charts using general ledger and subledger subject areas embed the charts/reports into PowerPoint
                                    D) Use Account Inspector and then export to Excel and copy and paste into PowerPoint.


                                    Solutions:

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

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