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Oracle 1z0-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

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

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

2. On whichthree occasions are Essbase balances updated?

A) Every time you run the batch program called "Update Essbase Balances"
B) Every time journals are posted to the general ledger
C) Every time you open a new period
D) At report run-time
E) Every time the tree version is published

3. What is the most efficient way to add a new year to the accounting calendar?

A) Use the Add Year button
B) The application automatically populates the next year when you open the first period a new fiscal year.
C) Add the periods manually
D) Import the periods from a spreadsheet

4. What Is Oracle Essbase?

A) A robust reporting and analysis tool
B) A data ware house
C) A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger
D) A relational database

5. What are the tables or views from which the Create Accounting program takes source data that is used in rules to create journal entries?

A) Event Classes
B) Accounting attributes
C) Transaction Objects
D) Mapping Sets
E) Event Entities

Solutions: