Oracle 1z0-408 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1z0-408
Exam Name/Title: Oracle Fusion Financials: General Ledger 2014 Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Applications

Exam Questions: 76
Updated On: Jul 14, 2026

Question #9

You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?

A. Oracle Identity Manager Roles Assignment

B. Access Policy Manager's Role Generation

C. Data Roles

D. You cannot reassign contingent workers.

E. Role Mappings

Discussion 0

Correct Answer: E Vote an answer

Question #10

You want to enter budget data in Fusion General Ledger. Which method is not supported?

A. Application Development Framework Desktop Integration (ADFdi)

B. Entering budget Journals

C. Smart View

D. File-based Data Import

Discussion 0

Correct Answer: B Vote an answer

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Question #11

What are the two benefits of having the Essbase cube embedded in Fusion General Ledger?

A. Integrating with third-party systems is easier because the Essbase cube provides chart of accounts mapping rules.

B. You no longer need to create and maintain hierarchies because the Essbase cubes are created when you create your chart of accounts.

C. General ledger balances are multidimensional, allowing you to perform robust reporting and analysis.

D. You can access real-time results for reporting and analysis because every time a transaction is posted in General Ledger, multidimensional balances are also updated simultaneously.

E. Posting performance is much faster.

Discussion 0

Correct Answer: D,E Vote an answer

Question #12

You need to define multiple allocation rules as efficiently as possible.
Which three components can be reused across allocation rules?

A. Formulas

B. RuleSets

C. Point of View (POV)

D. Run Time Prompts (RTP)

Discussion 0

Correct Answer: A,B,D Vote an answer

Question #13

You need to integrate Fusion Accounting Hub with external source systems used for Billing.
Identity the step that is not correct when implementing this integration.

A. Analyze external system transactions.

B. Determine the accounting impact of transactions.

C. Create the accounting in the source system and then import the journal entries into subledger accounting.

D. Capture accounting events.

Discussion 0

Correct Answer: C Vote an answer

Question #14

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 Category

B. Journal Source

C. Journal Description

D. Journal Batch

Discussion 0

Correct Answer: D Vote an answer

Question #15

How do you hide accounts with no balances showing #Missing in Smart view?

A. This indicates a database connection issue. Try to reconnect to Fusion Applications.

B. Choose the Suppress Zeros option under Data options.

C. Use Excel functions to hide rows with #Missing assigned

D. Select the Data/Missing check box in the Data Options tab.

Discussion 0

Correct Answer: D Vote an answer

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Question #16

Your customer wants to create fully balanced balance sheets for the Company, Line of Business, and product segments for both financial and management reporting.
What is Oracle's suggested best practice for doing this?

A. Use account hierarchies to create different hierarchies for different purposes and use those hierarchies for reporting.

B. Create a segment that acts as the primary balancing segment and create values that represent a concatenation of all three business dimensions.

C. Create two segments where the first segment represents the concatenation of Company and Line of Business, and then enable secondary tracking for the Product Segment.

D. Create three segments and qualify them as the primary balancing segment, second, and third balancing segments, respectively.

Discussion 0

Correct Answer: D Vote an answer

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