Printable PDFOracle 1Z0-408 Exam Questions & Answers
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Vendor: Oracle
Exam Code: 1Z0-408
Exam Name: Oracle Fusion Financials: General Ledger 2014 Essentials
Certification Provider: Oracle
Total Questions: 76 Q&A
Updated on: Mar 28, 2025
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1Z0-408 Online Practice Questions and Answers
You already ran Translation, but a last-minute adjusting journal entry in your ledger currency was entered after you consolidated your results.
What does Oracle consider best practice when this occurs?
A. Translate only the adjusting journal entry.
B. Rerun Revaluation and then rerun Translation
C. Rerun Translation and then reconsolidate your result
D. Enter another adjusting journal entry in the currency to true up the balances.
You defined a tree or hierarchy, but you are unable to set its status to Active. What is the reason?
A. Chart of accounts was not deployed.
B. Accounting Configuration was not submitted-
C. An Audit process needs to be successfully performed before a tree version can be set to Active.
D. Two tree versions were not defined
What's the difference between subject areas that append the word "Real Time" and those that do not?
A. There is no difference.
B. The "Real Time" subject areas are based on real-time transactions and all others are based on Historical data.
C. The "Real Time" subject areas are based on real-time transactions in Fusion Applications, and all others are based on data stored in the Oracle Business Intelligence Applications data warehouse.
D. The "Real time" subject areas are based on sub ledger transactions and all others are based on general ledger balances.
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