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Oracle 1Z1-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Journal Processing | - Creating and managing journals - Recurring journals and allocations - Journal approval workflows |
| Reporting | - Standard and ad-hoc reporting - Financial statements generation |
| Security and Access Control | - Role-based access control - Ledger security rules |
| General Ledger Setup | - Chart of Accounts structure - Ledger configuration and setup - Currency and calendar setup |
| Ledger and Accounting Processes | - Period close process - Accounting calendar periods - Posting journals to ledger |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
Question #1
Changing a Fusion Intercompany system option would______________.
A. be effective on transactions in progress
B. will be retroactive and include historical transactions
C. take effect on new, existing, and transactions in progress
D. impact both new and transactions in progress
E. take effect only on new transactions going forward
Question #2
A customer is trying to build dynamic reports in Fusion Financial Reporting. What are two recommendations?
A. Use Function on expanded data segments that are NOT placed on separate rows or columns.
B. Use multiple data segments for formatting or calculating.
C. Create reusable objects and row and column templates.
D. Use cell formulas to write efficient formulas rather than row or column formulas.
Question #3
What is the primary source of data that is used for the Financial Reporting Center?
A. defined dimensions for journals
B. data from the balances cubes and dimensions contained in the chart of account segments
C. the Code Combinations table
D. transaction tables
Question #4
Identify three characters that can NOT be used with the FRExecute command.
A. >
B. =
C. ;
D. &
E. (
Question #5
Which attribute does NOT need to be considered when creating intercompany transaction?
A. Default Organization contact
B. Legal Entity
C. Receivables and Payables Business Units
D. Default Transaction Type
Solutions:
| Question #1 Correct Answer: E | Question #2 Correct Answer: A,C | Question #3 Correct Answer: B | Question #4 Correct Answer: A,C,D | Question #5 Correct Answer: A |
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