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Oracle 1Z0-408 Exam | Oracle Fusion Financials: General Ledger 2014 Essentials

Vendor : Oracle

Related Certifications:OPN Certified Specialist,Oracle Cloud

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Last Updated: Jun 21, 2018
Total Questions: 76
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1Z0-408 Question and Answers (PDF)

Oracle 1Z0-408 Exam Question and Answers (PDF)

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1Z0-408 Oracle Fusion Financials: General Ledger 2014 Essentials

The total number of questions in the Oracle Fusion Financials: General Ledger 2014 Essentials exam is 76 and the format of questions in the exam is multiple choices. The duration of this exam is 120 minutes (2 hours). The associated certifications of this exam include Oracle Fusion Financials and General Ledger 2014 Certified Implementation Specialist Fusion Financials.

1Z0-408 Exam Topics

The topics to be included in the 1Z0-408 exam are described below in detail so that the candidates prepare for the exam accordingly

Intercompany Processing

The ability of a candidate to describe the intercompany balancing, processing intercompany reconciliations, processing intercompany transactions and periods is checked and evaluated by the Oracle 1Z0-048 exam. The candidate’s ability to design the chart of accounts segment levels rule of intercompany moreover the candidate’s ability set up intercompany accounting such as organizations, system options and transaction types.

Reporting and Dashboards

The knowledge of candidates about reporting and dashboards that requires them to set up the financial reporting studio, explain the OTBI and GL Subject Area, analyzing the budgets versus the actuals, giving the description of General Accounting Dashboard and Work Areas. The candidates are required to give explanation of the procedure that is followed to design as well as use several reporting tools similarly the description of Smart View accounting inquiry and analysis is expected from the candidates while taking the Oracle 1Z0-408 exam.

Period Close

The knowledge about period close is checked and evaluated by explaining the close process, configuring as well as processing revaluations. The ability to configure and deploy the multiple currencies moreover the ability to configure and process translations is checked and evaluated by the Oracle 1Z0-408 exam. The ability to analyze the reconciliations as well as configuring and processing consolidations is measured and validated by the Oracle 1Z0-408 exam.

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General Setup

The exam Oracle 1Z0-408 focuses on checking the knowledge of candidates about general setup and the questions in the exam mainly focus on the general description of Functional Setup Manager. The ability required for describing the configuration packages similarly the creation of an implementation project is checked and validated by the Oracle 1Z0-408 exam. The candidates should have the ability to create the users and roles and the ability to explain the procedure followed for using the reports for validation of setup data.

Enterprise Structures

The candidates are required to be well equipped with the knowledge about enterprise structures and it requires a candidate to configure the chart of Accounts and give explanation of essbase. The knowledge as well as skills to set up accounting hierarchies and to set up accounting calendar, the knowledge to upload set up data is checked and validated by the Oracle 1Z0-408 exam. The ability required for configuring the chart of accounts security is measured and verified by the exam as well.

Journal Processing

Processing journal entities and configuring the automated journal processing is expected from the candidates while taking this exam. The candidates should have a sufficient knowledge to explain the journal approval set up and the knowledge to explain Average Daily Processing Balance.

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