Oracle 1z0-408 : Oracle Fusion Financials: General Ledger 2014 Essentials

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Oracle 1z0-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Which two statements are true regarding the export/import of reports?

A) The export/import reports are available only for Fusion Customer Relationship Management.
B) Reports on setup data can be used to compare and analyze how the data might have changed over time.
C) To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.
D) A set of reports lists user names, suppliers, and customers that have been exported/imported
E) A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.

2. You are required to enter a high volume of users into the system. What does Oracle consider best practice to do this?

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

3. You are defining an income statement report. You want to allow viewers of the report to be able to drill down from report balances to the underlying transactions. What do you need to enable?

A) Report Functions
B) Drill Through in Grid Properties
C) Allow Expansion
D) Nothing. All report balances are drillable in all FR Studio reports.

4. Your company has complex consolidation requirements with multiple general ledger instances.
You are using Oracle Hyperion Financial Management to consolidate the disparate General Ledgers. You can typically map segments between your general ledger segment to a Hyperion Financial Management segment, such as Company to Entity, Department to Department, and Account to Account.
What happens to segments in your source general ledger, such as Program, that cannot be mapped Hyperion Financial Management?

A) Errors occur for unmapped segments. You must map multiple segments from source general ledgers to the target segment in Hyperion Financial Management.
B) The unmapped segments default to future use segments in Hyperion Financial Management
C) The data is not transferred.
D) Data is summarized across segments that are not mapped to Hyperion Financial Management

5. While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created.
Which two options explain that?

A) The Account Rule's chartof accounts have no account values assigned
B) The Account Rule's conditions are not defined.
C) The Account Rule is using sources assigned to different event classes from that of the associated Journal Entry Rule Set.
D) The Account Rule is defined with a different chart of accounts from the Journal Entry Rule Set.

Solutions: