Download Oracle : 1z0-408 Questions & Answers as PDF & Test Software
Updated: May 30, 2026
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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
1. Your customer wants to have balance sheets and income statements for their cost center and program segments. That is, they want to have three balancing segments.
Which two recommendations would you give your customer?
A) Ledger balancing rules will need to be defined to instruct the system on how to generate balancing entries for the second and third balancing segments.
B) When entering journals manually, the customer will need to make sure that the debits and credits are equal across all balancing segments because the system will not automatically balance the journal.
C) Every journal where debits do not equal credits across the three balancing segments will result in the System generating extra journal lines to balance the entry.
D) Additional intercompany rules will need to be defined for the two additional balancing segments.
2. 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.
3. 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) Transaction Objects
B) Mapping Sets
C) Event Entities
D) Event Classes
E) Accounting attributes
4. 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) General I edger Trial Balance report
C) AR Aging report
D) Receivables to General Ledger Reconciliation report
5. Your customer has only licensed Fusion Financials and wants to use approval workflows.
Using which page to enter users and assign roles does Oracle consider best practice?
A) Manage Users
B) Oracle Identity Management (OIM)
C) Hire a New Ernployee
D) Financials not a stand-alone product
E) Policy Manager (APM)
Solutions:
| Question # 1 Answer: A,B | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: B |
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