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Oracle 1Z0-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Ledger and Accounting Processes | - Period close process - Posting journals to ledger - Accounting calendar periods |
| Reporting | - Financial statements generation - Standard and ad-hoc reporting |
| General Ledger Setup | - Ledger configuration and setup - Currency and calendar setup - Chart of Accounts structure |
| Journal Processing | - Journal approval workflows - Creating and managing journals - Recurring journals and allocations |
| Security and Access Control | - Role-based access control - Ledger security rules |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
In Member Selection, which three operators and symbols enable you to display members based specified criteria?
- A. AND operator
- B. Right parenthesis
- C. Left parenthesis
- D. Union operator
- E. Double parentheses
Correct Answer: A,D,E 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
Which is an example of embedded intelligence in the Fusion General Accounting Dashboard?
- A. running a trial balance report to reconcile books
- B. setting notification thresholds in the Account Monitor view
- C. moving the cursor over projected balances displays the impact a journal will have on accounts
- D. getting more detail on a balance by clicking the Show More button
Correct Answer: C 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
Oracle Business Intelligence Enterprise Edition is available through the iPhone and iPad devices. Which BI object content is NOT visible through a mobile device?
- A. Briefing Book, limited to alert visible in the Alerts list
- B. Action
- C. Scorecard, including analytic actions
- D. Dashboard Page, including analytic actions
- E. Analysis, including analytic actions
Correct Answer: A 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
Transaction objects in Fusion Accounting Hub are associated to_____________.
- A. Event Classes
- B. Event Entities
- C. Journal Line Types
- D. Event Types
Correct Answer: A 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
When you use allocations, revaluation, or translation to define and maintain your period close component, which three tasks should you perform under the Define Period Close Components parent task in your implementation project?
- A. Manage intercompany Settlements.
- B. Manage General Accounting Dashboard.
- C. Manage Revaluations.
- D. Manage Historical Rates.
- E. Manage Allocations and Period Entries.
Correct Answer: C,D,E 🗳️
Explanation: Only visible for ExamTorrent members. You can sign-up / login (it's free).
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