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Oracle 1z0-408 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Journal Processing | 20% | - Journal import and validation - Creating, approving, and posting journals - Recurring, allocation, and reversal journals |
| Topic 2: Reporting and Analysis | 10% | - Financial reporting using OTBI and Smart View - Account inspector and balance analysis - Trial balance and inquiry tools |
| Topic 3: Chart of Accounts | 20% | - Designing and configuring chart of accounts structure - Value sets, segments, and qualifiers - Cross-validation rules and segment security |
| Topic 4: Consolidation and Close Process | 15% | - Translation and revaluation - Consolidation methods and eliminations - Period close and year-end processing |
| Topic 5: Intercompany and Balancing | 15% | - Automatic balancing and elimination entries - Intercompany reconciliation - Configuring intercompany accounts and rules |
| Topic 6: Ledgers and Accounting Configurations | 20% | - Defining ledgers, ledger sets, and reporting currencies - Accounting calendars and period management - Currency and conversion rules |
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
You want to specify Intercompany System Options.
Which three factors should you consider?
- A. Whether to allow receivers to reject intercompany transactions
- B. Automatic or manual batch numbering and the minimum transaction amount
- C. Automatic or manual batch numbering and the maximum transaction amount
- D. Whether to enforce an enterprise-wide currency or allow in intercompany transactions in local currencies
- E. The approvers who will approve intercompany transactions
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, 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
- C. Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.
- D. Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for
You want to define a tree or hierarchy for use in reports and allocations.
What three aspects should you remember when creating the tree?
- A. You only need to flatten the columns if you plan to use the hierarchy in Oracle Transactional Business Intelligence (OTBI).
- B. You must flatten the columns and publish the tree to view the hierarchy in Essbase cubes.
- C. It is fine to have the same child value roll up to two or more different parent values.
- D. The tree should have at least two tree versions to reduce report and allocation maintenance.
- E. You need to flatten the rows to be able to use drilldown in Smart View and you must publishtree to view the hierarchy in Essbase cubes.
What is the most efficient way to add a new year to the accounting calendar?
- A. The application automatically populates the next year when you open the first period a new fiscal year.
- B. Add the periods manually
- C. Import the periods from a spreadsheet
- D. Use the Add Year button
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Which two delivered ro.es can access the full functionality of Functional Setup Manager,
- A. Functional Setup Manager Superuser
- B. IT Security Manager
- C. Application Implementation Consultant
- D. Application Implementation Manager
- E. Any functional user
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