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Exam Code: 1z0-408
Exam Name: Oracle Fusion Financials: General Ledger 2014 Essentials
Updated: Aug 18, 2026
Q & A: 76 Questions and Answers
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| Section | Objectives |
|---|---|
| Period Close Process | - Close Activities
|
| Accounting and Subledger Integration | - Subledger Accounting
|
| Journal Processing | - Journal Approval and Posting
|
| Financial Reporting | - Reporting Tools
|
| General Ledger Configuration | - Chart of Accounts Structure
|
1. Which two methods can your General Ledger accountants use to more easily view large amounts of contained in the tables in their work areas?
A) Run a Business Intelligence Publisher report with Excel as the output format.
B) Use the Freeze feature on the tables to scroll through large amounts of data.
C) Export the table to Excel.
D) Detach the table to resize it to the maximum size of the monitor
2. What type of user must be defined before you can create an Implementation Project?
A) None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
B) Implementation Users
C) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
D) All roles that will be used throughout the implementation
E) A full-time employee that has the FSM Superuser role assigned
3. What's the difference between subject areas that append the word "Real Time" and those that do not?
A) The "Real Time" subject areas are based on real-time transactions in Fusion Applications, and all others are based on data stored in the Oracle Business Intelligence Applications data warehouse.
B) The "Real Time" subject areas are based on real-time transactions and all others are based on Historical data.
C) The "Real time" subject areas are based on sub ledger transactions and all others are based on general ledger balances.
D) There is no difference.
4. Which three objectives must be considered when designing the chart of accounts?
A) Consider implementing a single, global chart of accounts
B) Limit the number of segments to those you need today to reduce data entry.
C) Try to use all 30 segments and 25 characters per segment because you cannot change It later.
D) Effectively manage an organization's financial business.
E) Anticipate growth and maintenance needs as organizational changes occur.
5. You want to enter budget data in Fusion General Ledger. Which method is not supported?
A) Entering budget Journals
B) Smart View
C) File-based Data Import
D) Application Development Framework Desktop Integration (ADFdi)
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: A,D,E | Question # 5 Answer: A |
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