Purchase Oracle : 1z1-408 Exam Materials and then pass exam easily
Updated: Jun 14, 2026
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Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
1. Your customer operates three shared services that perform accounting functions across 50 countries.
What feature allows them to share setup data, such as Payment Terms, across Business Units?
A) Reference Data Sets
B) Business Units functions
C) None. Setup data is partitioned by Business Unit and must be defined separately per Business Unit.
D) Data Access Sets
2. You need to define multiple allocation rules as efficiently as possible.
Which three components can be reused across allocation rules?
A) Formulas
B) Run Time Prompts (RTP)
C) RuleSets
D) Point of View (POV)
3. You want to specify Intercompany System Options.
Which three factors should you consider?
A) Automatic or manual batch numbering and the minimum transaction amount
B) The approvers who will approve intercompany transactions
C) Whether to enforce an enterprise-wide currency or allow in intercompany transactions in local currencies
D) Automatic or manual batch numbering and the maximum transaction amount
E) Whether to allow receivers to reject intercompany transactions
4. While creating a Journal Entry Rule Set, you are not able to use an Account Rule recently created.
Which two options explain that?
A) The Account Rule is using sources assigned to different event classes from that of the associated Journal Entry Rule Set.
B) The Account Rule's chartof accounts have no account values assigned
C) The Account Rule's conditions are not defined.
D) The Account Rule is defined with a different chart of accounts from the Journal Entry Rule Set.
5. 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) Delete the journal and create a new journal.
C) Reverse the journaland create a new one.
D) Click the Withdraw Approval button in the Edit Journals page and edit the journal.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A,B,C | Question # 3 Answer: C,D,E | Question # 4 Answer: A,B | Question # 5 Answer: A |
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