Oracle Fusion Financials: General Ledger 2014 Essentials : 1z1-408

  • Exam Code: 1z1-408
  • Exam Name: Oracle Fusion Financials: General Ledger 2014 Essentials
  • Updated: Jun 13, 2026
  • Q & A: 76 Questions and Answers

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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:

1. Which two methods can your General Ledger accountants use to more easily view large amounts of contained in the tables in their work areas?

A) Run a Business Intelligence Publisher report with Excel as the output format.
B) Detach the table to resize it to the maximum size of the monitor
C) Export the table to Excel.
D) Use the Freeze feature on the tables to scroll through large amounts of data.


2. Alter submitting the journal for approval, you realize that the department value in the journal incorrect. How do you correct the value?

A) Update the journal through workflow
B) Click the Withdraw Approval button in the Edit Journals page and edit the journal.
C) Reverse the journaland create a new one.
D) Delete the journal and create a new journal.


3. Which statement is true when creating an Implementation Project for Fusion Financials?

A) You only need to make the project name unique, then you can perform the setup for any product family, such as Financials, Procurement, Human Capital Management and Supply Chain
B) Selecting the Offering "Financials," automatically allows you to perform the setup for all Fusion Financial products.
C) You must select the Offering "Financials," and each individual product or option to perform the setup for each product in Fusion Financials.
D) Plan your implementation project carefully because you cannot delete it or make changes later. E) The Implementation Project is preconfigured and cannot be deleted or changed.


4. Which repot show you differences between your subledger balances and General Ledger balances?

A) Payables and Receivables Aging Reports with the General Ledger Trial Balance report
B) Payables Trial Balance, Receivables Trial Balance, and General Ledger Trial Balance reports
C) Payables to Ledger Reconciliation Report and the Receivables to Ledger Reconciliation Report
D) General Ledger Financial Statements and the Accounts Payable and Accounts Receivables Invoice Registers


5. What Is Oracle Essbase?

A) A robust reporting and analysis tool
B) A multidimensional Online Analytical Processing (OLAP) server that is embedded in Fusion GeneralLedger
C) A data ware house
D) A relational database


Solutions:

Question # 1
Answer: B,C
Question # 2
Answer: A
Question # 3
Answer: C
Question # 4
Answer: C
Question # 5
Answer: D

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