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
Your customer is expanding its operations. You defined a new ledger and several business units. However, you are unable to assign the newly generated data roles to existing Accounts Payables and Accounts Receivables users in the shared service center.
What should you do to correct the problem?
Correct Answer: C Vote an answer
Your customer is reconciling their Intercompany Receivables accounts.
Which two reports should they use In addition to using the intercompany Reconciliation report?
Correct Answer: D Vote an answer
Journal approval uses Approvals Management Extension (AMX).
Which AMX builder method is most effective in routing the journals to the Accounting Manager when the General Ledger Accountant enters the journal?
Correct Answer: B Vote an answer
Your new accountants have been making mistakes in reconciling accounts assigned to them. Yourbalances have either spiked or dropped 30-40% every period due to human error. This causes delays in reconciliation.
What feature can you use to be proactively notified of account anomalies in a more timelymanner?
Correct Answer: B Vote an answer
While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created.
Which two options explain that?
Correct Answer: A,B Vote an answer
Which two are prerequisites for creating subledger accounting entries?
Correct Answer: D,E Vote an answer
You are reconciling your Payables the Receivables balances against the General Ledger. You are using the Payables to Ledger Reconciliation report. You notice discrepancies between thebalances in the subledgers, subledger accounting, and general ledger.
Which three factors are responsible for these out-of-balance situations?
Correct Answer: A,C,E Vote an answer
You are creating financial statements and want to have charts, such as a bar graph, automatically inserted to improve the understanding of the financial results.
What's the most efficient way to achieve this?
Correct Answer: D Vote an answer
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