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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Account Rules are specific to ____________.

A) Event Classes
B) Accounting methods
C) Journal Rule sets
D) Subledger application
E) Event Types

2. When configuring the allocation and periodic entries, which three tasks must be completed before generating the entries?

A) The rules or rules sets have been defined, validated and deployed successfully from the Allocation Manager.
B) The journal balances for the allocation or periodic rules are entered and posted in the proper period.
C) The period is set to Open or Future Enterable
D) The period is set to Closed, Never Open or Future Enterable.
E) The period is set to Open, Never Open or Future Enterable.

3. Which two locations display reports and folders that you have been granted access to based on your role, but have NOT created?

A) Shared Folders
B) Catalog
C) Analyzer
D) My folders
E) My Report

4. Transactions may involve multiple currencies that require a common currency to make the reports meaningful. What are the amounts Oracle Business Analytics Warehouse uses to store currency?

A) Global Currency (two common currencies), Document Currency,Local Currency
B) Currency Code, Currency Name
C) Report Currency
D) Currency Symbol, Currency Name

5. Which attribute does NOT need to be considered when creating intercompany transaction?

A) Default Transaction Type
B) Legal Entity
C) Default Organization contact
D) Receivables and Payables Business Units

Solutions: