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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Your user forgot the password. How do you resolve this?

A) Use Oracle Identity Management (OIM) to reset the user's password.
B) Create a new user ID and password for the user.
C) Use the Manage Users page to update the user's information and change the password.
D) Log in to the user's machine as an Administrator and change the password from the login pa
E) Use Access Policy Manager (APM) to reset the user's password.

2. You want to monitor the dose process of all your financial subledgers and ledgers.
How can you quickly obtain this information?

A) Use Close Monitor in General Accounting Dashboard.
B) Use the Manage Accounting Periods page to view the status of all subledgers and ledgers.
C) Run Closing Status reports.
D) Access each subledgers' calendar and General Ledger's Manage Accounting Periods page to view the status of each period.

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

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

4. Identify three functions of Functional Setup Manager.

A) Centrally manage the close processes across subledgers and ledgers.
B) Provide a central place to access and perform all of the setup steps across Fusion application product
C) Assign setup tasks to individuals with due dates where users must manually update their completion status.
D) Automatically mark the status of tasks as Completed after they have been completed.
E) Automatically generate lists of setup tasks in the correct sequence with dependencies highlighted.

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

A) Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.
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 is active, and the Publish check box is selected for the hierarchy.
D) 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

Solutions: