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Updated: Aug 11, 2026
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Oracle 1z1-408 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Fusion Financials: General Ledger 2014 Essentials |
| Exam Number: | 1Z0-408 |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| Related Certifications: | Oracle Fusion Financials 2014 Certified Implementation Specialist |
| Sample Questions: | Oracle 1z1-408 Sample Questions |
| Exam Way: | Delivered through Oracle's authorized testing provider in a proctored testing environment (onsite or online, depending on Oracle policies at the time of delivery). |
| Pre Condition: | No formal prerequisite exam publicly specified; Oracle recommends knowledge of Oracle Fusion Financials and General Ledger implementation concepts. |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1z1-408 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Allocations and Period Close | - Period-End Processing
|
| Journal Processing | - Journal Management
|
| General Ledger Fundamentals | - General Ledger Overview
|
| Enterprise Structure and Configuration | - Enterprise Setup
|
| Financial Reporting and Analysis | - Reporting Capabilities
|
| Intercompany and Consolidation | - Advanced General Ledger Features
|
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
1. Your customer has three legal entities, 50 departments, and 10,000 natural accounts. They use intercompany entries.
What is Oracle's recommended best practice when implementing; a new chart of accounts? How many segments and what segment qualifiers should be used?
A) Define four segments for the company, department, natur.il account, and intercompany segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, and intercompany segment, respectively.
B) Define five segments for the company, department, natural account, intercompany, and future use segment. The qualifiers should be primary balancing segment, cost center segment, natural account segment, intercompany segment, and no qualifier, respectively.
C) Define three segments for the company, department, and natural account. The qualifiers shouldbe primary balancing segment, cost center segment, and natural account segment, respectively
D) Define three segments tor the company, department, and natural account. The qualifiers for the first segment should be primary balancing segment and intercompany segment, cost center segment, and natural account segment, respectively.
2. You want to prevent intercompany transactions from being entered during the last day of the close.
What should you do?
A) Freeze the Intercompany Journal source in General Ledger.
B) Close Intercompany periods in Fusion Intercompany.
C) Close all subledger periods.
D) Close the General Ledger period in the Manage Accounting Periods page.
3. Your customer has only licensed Fusion Financials and wants to use approval workflows.
Using which page to enter users and assign roles does Oracle consider best practice?
A) Oracle Identity Management (OIM)
B) Financials not a stand-alone product
C) Manage Users
D) Policy Manager (APM)
E) Hire a New Ernployee
4. After loading your budget data into Fusion Genera. Ledger, you can view budget balances using these feature.
Which feature does not belong on the list?
A) Account Monitor
B) Smart View
C) Account Inspector
D) Application Development Framework Desktop Integration(ADFdi)
5. Which reporting tool is best suited for submitting high-volume transactional reports, such as invoice Registers or Trial Balance reports, that can be configured to extract the data in Rich Text Format or XML?
A) Intelligence Publisher (BI Publish.
B) Oracle Business Intelligence Applications (OBIA)
C) Smart View
D) Oracle Transactional Business Intelligence (OTBI)
E) Financial Reporting Center
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: D |
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