Oracle 1z1-408

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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. The Accounting Manager requests that a schedule be created to automatically post journals from subledgers at different times.
Which journal attribute should you use to set the automatic posting criteria?

A) Journal Batch
B) Journal Category
C) Journal Description
D) Journal Source

2. You want to be notified of anomalies in certain account balances in real time. What is the rnost efficient way to do this?

A) Open a Smart View file saved on your desktop.
B) Use Account Inspector.
C) Create an Account Group using Account Monitor.
D) Perform an account analysis online.

3. Your Financial Analyst needs to interactively analyze General Ledger balances with the ability down to originating transactions.
Which three features facilitate this?

A) Account Monitor
B) Financial Reports published to Excel
C) Account Inspector
D) Online Transactional Business Intelligence
E) Smart View

4. Which two types of journals can be automatically routed through the journal approval process?

A) Sub ledger journals
B) Allocation journals
C) Manual journals
D) Revaluation journals
E) Journals imported from third-party systems

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

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

Solutions: