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Last Updated: Oct 08, 2026
No. of Questions: 76 Questions & Answers with Testing Engine
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Professional exams deserve professional preparation. The Oracle Fusion Financials: General Ledger 2014 Essentials package at SurePassExams delivers 76 verified 1z1-408 practice questions with the one-stop service to match: demo before you buy, support after you do.
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 Cloud Certification |
| Exam Duration: | 120 minutes |
| Available Languages: | English |
| Exam Price: | $245 USD (may vary by region) |
| Real Exam Qty: | 60-70 |
| Exam Format: | Multiple Response, Multiple Choice |
| Certificate Validity Period: | Oracle certification policy dependent (historically non-expiring or subject to Oracle policy updates) |
| Recommended Training: | Oracle University - Fusion Financials Training |
| Exam Registration: | Oracle Certification Registration Pearson VUE Oracle Exams |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Computer-based exam delivered via Pearson VUE (online proctored or test center) |
| Pre Condition: | Basic understanding of accounting principles and Oracle Fusion Financials fundamentals recommended. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1z1-408 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Journal Processing | - Journal Approval and Posting
|
| Period Close Process | - Close Activities
|
| Financial Reporting | - Reporting Tools
|
| Accounting and Subledger Integration | - Subledger Accounting
|
| General Ledger Configuration | - Ledger Setup
|
1z1-408 Exam FAQ: Professional Answers for Oracle Candidates
Oracle Fusion Financials: General Ledger 2014 Essentials is an official Oracle certification exam, registered under the code 1z1-408. Passing it earns the Oracle Fusion Financials certification, positioned at the Professional level. It also connects to Oracle Fusion Financials Cloud Certification. Professional work increasingly demands professional proof, and this exam supplies exactly that.
The Oracle Fusion Financials: General Ledger 2014 Essentials exam contains 60-70 questions to be answered within 120 minutes. The candidates who struggle most are rarely the least knowledgeable; they are the least rehearsed at time allocation. Practice full timed sessions in the SurePassExams engine, learn to flag and move on, and the official clock becomes a familiar companion instead of a threat.
Basic understanding of accounting principles and Oracle Fusion Financials fundamentals recommended.
Vendor policies do change, so verify the current requirements before you register via the official exam page.
Sign-up for Oracle Fusion Financials: General Ledger 2014 Essentials is handled through the official channels below.
For your planning: the exam is delivered Computer-based exam delivered via Pearson VUE (online proctored or test center).
Oracle recommends the following training for Oracle Fusion Financials: General Ledger 2014 Essentials candidates.
Round out any training with the 76 practice questions in the SurePassExams 1z1-408 package, because applied repetition is what turns coursework into a passing score.
Yes. SurePassExams offers a free demo of the Oracle Fusion Financials: General Ledger 2014 Essentials questions as part of its pre-sale service, so you can evaluate quality before choosing among the three versions. After purchase, updates are free for 365 days, and when your product expires you can extend the update service at a 50% discount.
A 100% money-back guarantee protects your purchase under clear conditions. Take the Oracle Fusion Financials: General Ledger 2014 Essentials exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. You may also choose an exchange: two other exam products of equal value, free, with the update service on your original purchase kept.
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Oracle Fusion Financials: General Ledger 2014 Essentials covers 5 official domains. The largest include Period Close Process, General Ledger Configuration, and Accounting and Subledger Integration. The full breakdown is in the topics section above; review it first and your study plan practically writes itself.
Oracle Fusion Financials: General Ledger 2014 Essentials Sample Questions:
Your customer is closing their period and they are using Fusion Intercompany to create physical invoices in Fusion Payables and Receivables.
What is the correct order of steps to close Fusion sub ledgers, Fusion Intercompany, and Fusion General Ledger?
- A. Close Fusion Payables and Receivables periods, close Fusion General Ledger, and then close the related intercompany period
- B. Close Fusion Payables and Receivables periods, close the related intercompany period, and then close the Fusion General Ledger's period.
- C. Close the related intercompany period, close Fusion Payables and Receivables periods, and then Fusion General Ledger.
- D. You only need to close Fusion Payables and Receivables periods followed by the Fusion GeneralLedger's period.
Correct Answer: C 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
Your user forgot the password. How do you resolve this?
- A. Use Access Policy Manager (APM) to reset the user's password.
- B. Use Oracle Identity Management (OIM) to reset the user's password.
- C. Create a new user ID and password for the user.
- D. Use the Manage Users page to update the user's information and change the password.
- E. Log in to the user's machine as an Administrator and change the password from the login pa
Correct Answer: B 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
You are defining intercompany balancing rules that are applied to a specific source and category, such as payables and invoices, or a specific intercompany transaction type, such as Intercompany Sales.
Which two statements are correct?
- A. You must define rules for every combination of specific categories and sources. Otherwise, theintercompany balancing will not work.
- B. If you choose to have rules at various levels, then intercompany balancing evaluates the rules in this order: Ledger, Legal Entity, chart of accounts, and primary balancing segment value.
- C. Set up a chart of accounts rule for every chart of accounts structure you have in order to ensurethat Intercompany Balancing will always find a rule to use to generate balancing accounts.
- D. You can create a rule for all sources and categories by selecting the source "Other" and the category "Other."
Correct Answer: A,B 🗳️
You need to create a month-end re-porting package for an upcoming Audit Committee meeting. You have 10 financial reports that you will need to share with executives and auditors.
In which three ways do you accomplish this?
- A. Use a Report Batch to run reports at a specific time to create set of snapshot reports based on accounting information at that specific point in time.
- B. Users can drill down on snapshot reports for future analysis.
- C. The report contained in the book can be printed or viewed individually or as an entire book thatincludes a table of contents.
- D. Using Workspace, assemble multiple reports into a book.
- E. Snapshot reports can only be viewed online.
Correct Answer: A,C,D 🗳️
You entered users who are both employees and contingent workers. You want an automated way to assign, reassign, and remove roles from users. What feature do you use?
- A. Data Roles
- B. You cannot reassign contingent workers.
- C. Role Mappings
- D. Access Policy Manager's Role Generation
- E. Oracle Identity Manager Roles Assignment
Correct Answer: C 🗳️
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