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Oracle 1z0-408 Exam Syllabus Topics:

Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

Question 1

Your customer is having issues transferring intercompany transactions to General Ledger..
Identify three reasons for this.

A. The intercompany transaction is not approved.
B. The intercompany period is closed.
C. The corresponding Payables and Receivablesinvoicehave not been generated.
D. If they are different, then the exchange rate is missing between the intercompany and ledger currency.
E. Both the intercompany and general ledger periods are open.

Question 2

What Is Oracle Essbase?

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

Question 3

Which repot show you differences between your subledger balances and General Ledger balances?

A. Payables to Ledger Reconciliation Report and the Receivables to Ledger Reconciliation Report
B. Payables and Receivables Aging Reports with the General Ledger Trial Balance report
C. General Ledger Financial Statements and the Accounts Payable and Accounts Receivables Invoice Registers
D. Payables Trial Balance, Receivables Trial Balance, and General Ledger Trial Balance reports

Question 4

Which two statements are true regarding how Intercompany Balancing Rule, are defied?

A. You can define different rules for different charts of accounts, ledgers, legal entities, and primary balancing segment value.
B. All ledgers engaged in an intercompany transaction must share the same chart: of accounts in order to define balancing rules
C. You can only define balancing rules for different journals' sources. You cannot define balancing rules for different journal categories.
D. You can define different balancing rules for different combinations of journal sources, journal categories, and transaction types

Question 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 Entities
B. Transaction Objects
C. Event Classes
D. Mapping Sets
E. Accounting attributes

Solutions: