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Oracle 1Z0-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: General Ledger Setup | - Chart of Accounts structure - Ledger configuration and setup - Currency and calendar setup |
| Topic 2: Ledger and Accounting Processes | - Accounting calendar periods - Posting journals to ledger - Period close process |
| Topic 3: Journal Processing | - Creating and managing journals - Recurring journals and allocations - Journal approval workflows |
| Topic 4: Reporting | - Financial statements generation - Standard and ad-hoc reporting |
| Topic 5: Security and Access Control | - Role-based access control - Ledger security rules |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
Question #1
In Oracle Fusion, the intercompany transactions are used to generate the accounts needed to balance ____________.
A. By both legal and balancing segments values
B. By account values
C. By primary balancing segment values only
D. By legal entity only
Question #2
Identify the set up that needs to be completed before you can use cubes.
A. FSG
B. Ledger
C. Microsoft Office
D. Report Builder
Question #3
Transaction objects in Fusion Accounting Hub are associated to_____________.
A. Journal Line Types
B. Event Classes
C. Event Entities
D. Event Types
Question #4
Identify the two valid EPM Workspace features that designers incorporate into Books to enable viewers perform tasks.
A. Related Content
B. XML, HTML & PDF
C. Prompt
D. Email inks
E. User POV
Question #5
Identify two INVALID features of POV in Financial Reporting Studio.
A. Multiple grids cannot be Included in a report.
B. All POVs allow a single member to be set for a dimension.
C. POV book is specific to any report or grid object in report in that book.
D. To identify that a dimension is set for grid POV, text row foot note should be added for a gridPOV for a dimension.
E. A memberselection function with CurrentPOV as the member parameter changes to a User POV when members are selected from a row, column or page axis on a grid.
Solutions:
| Question #1 Correct Answer: C | Question #2 Correct Answer: B | Question #3 Correct Answer: B | Question #4 Correct Answer: C,E | Question #5 Correct Answer: C,D |



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