Since our Oracle 1z1-408 exam review materials are accurate and valid our service is also very good. We are 7*24 online service. When you want to ask any questions or share with us your 1z1-408 passing score you will reply you in 3 hours. We have one-year service warranty that we will send you the latest 1z1-408 exam review materials if you want or other service. If you pass 1z1-408 with a good mark and want to purchase other Oracle exams review materials we will give you discount. Or if you stands for your company and want to long-term cooperate with us we welcome and give you 50%+ discount from the second year.
Our IT system department staff checks the updates every day. Once the 1z1-408 exam review materials are updated we will notice our customers ASAP. We make sure that all 1z1-408 exam review materials we sell out are accurate, 1z1-408 valid and latest. As for the payment we advise people using the Credit Card which is a widely used in international online payments and the safer, faster way to send money, receive money or set up a merchant account for both buyers and sellers. If you have any query about the payment we are pleased to solve for you. (1z1-408 pass review - Oracle Fusion Financials: General Ledger 2014 Essentials)
We assure you 100% pass for sure. If you fail the 1z1-408 exam you can send us your unqualified score we will full refund to you or you can choose to change other subject exam too. We aim to "Customer First, Service Foremost", that's why we can become the PassReview in this area.
Instant Download 1z1-408 Exam Braindumps: Upon successful payment, Our systems will automatically send the product you have purchased to your mailbox by email. (If not received within 12 hours, please contact us. Note: don't forget to check your spam.)
Oracle 1z1-408 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Chart of Accounts | 20% | - Designing and configuring chart of accounts structure - Cross-validation rules and segment security - Value sets, segments, and qualifiers |
| Consolidation and Close Process | 15% | - Period close and year-end processing - Consolidation methods and eliminations - Translation and revaluation |
| Ledgers and Accounting Configurations | 20% | - Defining ledgers, ledger sets, and reporting currencies - Accounting calendars and period management - Currency and conversion rules |
| Journal Processing | 20% | - Recurring, allocation, and reversal journals - Creating, approving, and posting journals - Journal import and validation |
| Intercompany and Balancing | 15% | - Automatic balancing and elimination entries - Configuring intercompany accounts and rules - Intercompany reconciliation |
| Reporting and Analysis | 10% | - Account inspector and balance analysis - Financial reporting using OTBI and Smart View - Trial balance and inquiry tools |
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
You need to define a chart of accounts that includes an intercompany segment. Your customer plans to use segment value security rules for the Company segment.
What does Oracle consider as best practice to define this chart or accounts?
- A. Share the same value set for the company and intercompany segments to reduce chart of accounts maintenance.
- B. Define the company segment only and qualify it as both the primary balancing segment andintercompany segment.
- C. Define two different charts of accounts.
- D. Use two different value sets for the company and intercompany segment because segment value security rules are at the value set level.
Correct Answer: B 🗳️
Your customer is having issues transferring intercompany transactions to General Ledger..
Identify three reasons for this.
- A. The intercompany transaction is not approved.
- B. Both the intercompany and general ledger periods are open.
- 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. The intercompany period is closed.
Correct Answer: A,C,D 🗳️
Which reporting tool is best suited for submitting high-volume transactional reports, such as invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or XML?
- A. Smart View
- B. Financial Reporting Center
- C. Oracle Transactional Business Intelligence (OTBI)
- D. Intelligence Publisher (BI Publish.
- E. Oracle Business Intelligence Applications (OBIA)
Correct Answer: C 🗳️
Which two statements are true regarding the export/import of reports?
- A. The export/import reports are available only for Fusion Customer Relationship Management.
- B. To view errors encountered during the export or import Process, you must use SQL queries to obtain that data because no reports exist.
- C. Reports on setup data can be used to compare and analyze how the data might have changed over time.
- D. A set of reports are provided for both exported and imported setup data to validate the export/import processes and setup data.
- E. A set of reports lists user names, suppliers, and customers that have been exported/imported
Correct Answer: A,B 🗳️
Your customer is reconciling their Intercompany Receivables accounts.
Which two reports should they use In addition to using the intercompany Reconciliation report?
- A. Receivables to General Ledger Reconciliation report
- B. Receivables Aging by General Ledger Account report
- C. General I edger Trial Balance report
- D. AR Aging report
Correct Answer: A 🗳️
Doreen 
Martha 
Maureen 
Benjamin 
Jim 
Louis 
Phoenix 
Zachary 
Heather 
Joanna 
Hardy 
Rupert 
Thomas 
Elton 
Leona 
Tess 
Hermosa 
Will 
Katherine 
Kyle 
Abbott 
