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Oracle 1z1-408 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Chart of Accounts | 20% | - Designing and configuring chart of accounts structure - Value sets, segments, and qualifiers - Cross-validation rules and segment security |
| Topic 2: Ledgers and Accounting Configurations | 20% | - Accounting calendars and period management - Defining ledgers, ledger sets, and reporting currencies - Currency and conversion rules |
| Topic 3: Consolidation and Close Process | 15% | - Period close and year-end processing - Translation and revaluation - Consolidation methods and eliminations |
| Topic 4: Reporting and Analysis | 10% | - Financial reporting using OTBI and Smart View - Trial balance and inquiry tools - Account inspector and balance analysis |
| Topic 5: Journal Processing | 20% | - Recurring, allocation, and reversal journals - Creating, approving, and posting journals - Journal import and validation |
| Topic 6: Intercompany and Balancing | 15% | - Configuring intercompany accounts and rules - Automatic balancing and elimination entries - Intercompany reconciliation |
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
Which two types of journals can be automatically routed through the journal approval process?
- A. Sub ledger journals
- B. Journals imported from third-party systems
- C. Manual journals
- D. Revaluation journals
- E. Allocation journals
Identify three differences between Oracle Transactional Business Intelligence (OTBI) and Oracle Business Intelligence Applications (OBIA).
- A. OBIA works for multiple sources including E-Business Suite, PeopleSoft, JD Edwards, SAP, andFusion Applications.
- B. Cloud customers can use both OTBI and OBIA.
- C. OBIA is based on the universal data warehouse design with different prebuilt adapters that canconnect to various source application
- D. OTBI allows you to create custom reports from real-time transactional data against thedatabase directly
- E. Both OBIA and OTBI provide a set of predefined reports and dashboards and a library of metrics that help to measure business performance
You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?
- A. You cannot reassign contingent workers.
- B. Data Roles
- C. Access Policy Manager's Role Generation
- D. Oracle Identity Manager Roles Assignment
- E. Role Mappings
You operate in a country whose unstable currency makes it unsuitable for managing your day-today business. As a consequence, you need to manage your business in a more stable currency while retaining the ability to report in the unstable local currency.
What would be your recommendation when defining ledgers?
- A. Use Journal-Level or Subledger-Level Reporting Currencies denominated in the more stable currency.
- B. Run Revaluation as often as you need to the more stable currency and report on the more stable currency'sbalances.
- C. Create a secondary ledger that uses a different chart of accounts that is denominated in the more stable currency.
- D. Define Balance-Level Reporting Currencies in the more stable currency and run Translation as often as you need.
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Your customer is reconciling their Intercompany Receivables accounts.
Which two reports should they use In addition to using the intercompany Reconciliation report?
- A. Receivables Aging by General Ledger Account report
- B. Receivables to General Ledger Reconciliation report
- C. General I edger Trial Balance report
- D. AR Aging report
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