Oracle Fusion Financials: General Ledger 2014 Essentials Exam

Oracle Fusion Financials: General Ledger 2014 Essentials

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Oracle Fusion Financials: General Ledger 2014 Essentials (1Z0-408) exam is designed for individuals who possess a strong foundation and expertise implementing and configuring the Oracle Fusion General Ledger application. This exam targets the advanced-intermediate level implementation team member. Up to date training and field experience are strongly recommended to pass the exam.

OPN members earning this certification will be recognized as OPN Certified Specialists. This certification helps OPN members differentiate themselves in the marketplace through proven in-depth expertise and helps their partner company qualify for the Oracle Financials: Oracle Fusion Financials Solutions Specialization.

Exam Number:
1Z0-408
Duration:
120 minutes
Exam Product Version:
Fusion Financials
Number of Questions:
120–150
Associated Certifications:
 Oracle Fusion Financials: General Ledger 2014 Certified Implementation Specialist

 OPN Certified Specialist
Passing Score:
65%

View passing score policy
Exam Price:
US$ 245

More on exam pricing
Validated Against:
This exam is validated against R7.
Register Here:
Register online or by phone.
Format:
Multiple Choice

 

Recommended Training Additional Information & Resources Exam Topics Fraudulent Activity Policy

Recommended Training
Oracle Fusion Financials: General Ledger 2014 CIS guided learning path
Oracle Fusion Financials: General Ledger 2014 Certified Implementation Specialist Exam Study Guide (PDF)

 

Additional Information & Resources
FAQ (PDF)
Exam Retake Policy
More Information on Testing and Registration
Specialization Guide (PDF) for all launched and planned Specializations
Product Mapping to Specialization (XLS)

 

Exam Topics

General Setup

  • Describe Functional Setup Manager
  • Describe the configuration packages
  • Create an implementation project
  • Explain how to use reports to validate setup data
  • Create Users and Roles

Enterprise Structures

  • Configure the Chart of Accounts
  • Explain Essbase
  • Set up accounting hierarchies
  • Set up the accounting calendar 
  • Upload Set Up Data
  • Configure Chart of Accounts Security

Journal Processing

  • Process journal entries
  • Configure automated journal processing
  • Explain the journal approval set up
  • Configure allocations and periodic entries
  • Explain Average Daily Balance Processing

Subledger Accounting

  • Describe the Fusion Accounting Hub
  • Deploy integration with source systems
  • Create and manage Accounting Rules
  • Create and process subledger accounting entries

Intercompany Processing

  • Design the Chart of Accounts and segment level rules for intercompany
  • Set up Intercompany Accounting (system options, transaction types, organizations)
  • Describe intercompany balancing
  • Process intercompany transactions and periods
  • Process intercompany reconciliations

Reporting & Dashboards

  • Explain how to design and use various reporting tools
  • Set up the Financials Reporting Studio
  • Explain OTBI and GL Subject Areas
  • Describe Smart View accounting inquiry and analysis
  • Describe the General Accounting Dashboard and Work Areas
  • Analyze budgets versus actuals

Period Close

  • Explain the Close Process
  • Configure and process revaluations
  • Configure and process translations
  • Configure and deploy multiple currencies
  • Configure and process consolidations
  • Analyze reconciliations

 

Oracle Certification Program Fraudulent Activity Policy
Oracle reserves the right to take action against any candidate involved in fraudulent activities, including, but not limited to, fraudulent use of vouchers, promotional codes, reselling exam discounts and vouchers, cheating on an exam, alteration of score reports, alteration of completion certificates, violation of exam retake policies or other activities deemed fraudulent by Oracle.

If Oracle determines, in its sole discretion, that fraudulent activity has taken place, it reserves the right to take action up to and including, but not limited to, decertification of a candidate's Oracle Certified Associate, Oracle Certified Professional and/or OCM credentials, temporary, indefinite or permanent ban of a candidate from Oracle certification programs, notification to a candidate's employer, and notification to law enforcement agencies. Candidates found committing fraudulent activities forfeit all fees previously paid to Oracle, or to Oracle's authorized vendors, and may be required to pay additional fees for services rendered.

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