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Oracle 1z1-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Identify three functions of Functional Setup Manager.

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

2. 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) Data is summarized across segments that are not mapped to Hyperion Financial Management
D) The data is not transferred.

3. How do you hide accounts with no balances showing #Missing in Smart view?

A) Choose the Suppress Zeros option under Data options.
B) Use Excel functions to hide rows with #Missing assigned
C) Select the Data/Missing check box in the Data Options tab.
D) This indicates a database connection issue. Try to reconnect to Fusion Applications.

4. 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) Role Mappings
B) Access Policy Manager's Role Generation
C) You cannot reassign contingent workers.
D) Oracle Identity Manager Roles Assignment
E) Data Roles

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

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

Solutions: