Oracle 1z0-408 : Oracle Fusion Financials: General Ledger 2014 Essentials

  • Exam Code: 1z0-408
  • Exam Name: Oracle Fusion Financials: General Ledger 2014 Essentials
  • Updated: Sep 01, 2025   Q&As: 76 Questions and Answers

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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. You want to specify Intercompany System Options.
Which three factors should you consider?

A) The approvers who will approve intercompany transactions
B) Automatic or manual batch numbering and the maximum transaction amount
C) Whether to allow receivers to reject intercompany transactions
D) Whether to enforce an enterprise-wide currency or allow in intercompany transactions in local currencies
E) Automatic or manual batch numbering and the minimum transaction amount


2. You want to prevent intercompany transactions from being entered during the last day of the close.
What should you do?

A) Close all subledger periods.
B) Close the General Ledger period in the Manage Accounting Periods page.
C) Close Intercompany periods in Fusion Intercompany.
D) Freeze the Intercompany Journal source in General Ledger.


3. What type of user must be defined before you can create an Implementation Project?

A) Implementation Users
B) All roles that will be used throughout the implementation
C) None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
D) None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
E) A full-time employee that has the FSM Superuser role assigned


4. Your customer wants to prevent their department managers from viewing the results of other departments where they have no management authority.
What should be implemented for this type of security?

A) Role-Based Access
B) Data Access Sets
C) Segment Value Security
D) Cross-Validation Rules


5. What is the most efficient way to add a new year to the accounting calendar?

A) Import the periods from a spreadsheet
B) The application automatically populates the next year when you open the first period a new fiscal year.
C) Use the Add Year button
D) Add the periods manually


Solutions:

Question # 1
Answer: B,C,D
Question # 2
Answer: C
Question # 3
Answer: B
Question # 4
Answer: C
Question # 5
Answer: B

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