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Updated: Sep 14, 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 |
| Related Certifications: | Oracle Fusion Financials 2014 Certified Implementation Specialist |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| 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 |
|---|---|
| Topic 1: Financial Reporting and Analysis | - Reporting Capabilities
|
| Topic 2: General Ledger Fundamentals | - General Ledger Overview
|
| Topic 3: Enterprise Structure and Configuration | - Enterprise Setup
|
| Topic 4: Journal Processing | - Journal Management
|
| Topic 5: Allocations and Period Close | - Period-End Processing
|
| Topic 6: Intercompany and Consolidation | - Advanced General Ledger Features
|
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
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. Rerun Translation and then reconsolidate your result
- B. Enter another adjusting journal entry in the currency to true up the balances.
- C. Translate only the adjusting journal entry.
- D. Rerun Revaluation and then rerun Translation
Correct Answer: C 🗳️
What type of user must be defined before you can create an Implementation Project?
- A. All roles that will be used throughout the implementation
- B. A full-time employee that has the FSM Superuser role assigned
- C. Implementation Users
- D. None. The OIM system administrator user ID, XELSYSADM, which is assigned by the person provisioning the system, has full access.
- E. None. The Fusion Applications Superuser, FAADMIN, has full access to create an Implementation Project.
Correct Answer: A 🗳️
Which two General Ledger work would you assign to all your entry-level General Ledger accountants?
- A. General Accounting Dashboard
- B. Financial Reporting Center
- C. Journals Work Area
- D. Period Close Work Area
Correct Answer: A,C 🗳️
What process must be followed to propagate a chart of accounts hierarchy to the Essbase cube?
- A. Define the hierarchy, make sure the tree version is active, and then run the publish account Hierarchies program or the Publish Chart of Accounts Dimension Members and Hierarchies
- B. Define the hierarchy, then deploy the chart of accounts. The chart of accounts hierarchies will be generated automatically.
- C. Define the hierarchy, make sure the tree is active, and the Publish check box is selected for the hierarchy.
- D. Define the hierarchy and make sure the tree is active. The hierarchy will be system generated for
Correct Answer: A 🗳️
Your customer wants to prevent their department managers from viewing the results of other departments where they have no management authority.
What should be implemented for this type of security?
- A. Segment Value Security
- B. Data Access Sets
- C. Role-Based Access
- D. Cross-Validation Rules
Correct Answer: A 🗳️
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