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Oracle 1Z0-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting | - Standard and ad-hoc reporting - Financial statements generation |
| General Ledger Setup | - Ledger configuration and setup - Currency and calendar setup - Chart of Accounts structure |
| Security and Access Control | - Ledger security rules - Role-based access control |
| Journal Processing | - Journal approval workflows - Creating and managing journals - Recurring journals and allocations |
| Ledger and Accounting Processes | - Accounting calendar periods - Period close process - Posting journals to ledger |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. Choose the two options that need to be enabled for Journal Approval.
A) Account
B) Batch level
C) Journal Source
D) Ledger level
2. Which three options can you use from the Generate Allocations link to open the Submission page?
A) Print Output
B) Fax the output
C) Notification when this process ends
D) Automatically saveitas an Excel file
E) E-mail the output
3. Identify two valid points to be considered when configuring the workspace database connection.
A) An ODBC connection is always required.
B) Cubes are created as part of ledger setup.
C) Multiple cubes can be defined for each combination of the chart of accounts and the accounting calendar.
D) A database connection is needed for each cube.
E) Ledgersetup has to be completed after the database connection is created.
4. Select two text functions that are available only for financial management.
A) MemberAlias
B) CallText
C) MemberProprty
D) MemberDescription
E) ProcessManagementStatus
5. Identify two INVALID features of POV in Financial Reporting Studio.
A) To identify that a dimension is set for grid POV, text row foot note should be added for a gridPOV for a dimension.
B) 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.
C) Multiple grids cannot be Included in a report.
D) All POVs allow a single member to be set for a dimension.
E) POV book is specific to any report or grid object in report in that book.
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: A,C,E | Question # 3 Answer: B,D | Question # 4 Answer: A,D | Question # 5 Answer: A,E |
