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Oracle 1Z0-508 real answers - Oracle Fusion Financials 11g General Ledger Essentials

1Z0-508
  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: Jul 13, 2025
  • Q & A: 127 Questions and Answers
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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Choose the two Oracle Hyperion Reporting and Analysis products and artifacts, that can be imported into financial Reporting.

A) Snapshot Reports (*.rpt)
B) Dynamic Report (* .des)
C) Impact Manage Transformation Scripts (*. Js)
D) Books. (*.kbk)


2. Select the appropriate financial Reporting Center functionality that helps users to view, input, manipulate, distribute and share data from the General Ledger balances to Microsoft Excel.

A) Financial Reporting Workspace
B) Account Monitor and Account Inspector
C) Smart View
D) Financial Reporting Studio


3. Identify the two valid EPM Workspace features that designers incorporate into Books to enable viewers perform tasks.

A) XML, HTML & PDF
B) Prompt
C) User POV
D) Email inks
E) Related Content


4. A customer is trying to build dynamic reports in Fusion Financial Reporting. What are two recommendations?

A) Create reusable objects and row and column templates.
B) Use cell formulas to write efficient formulas rather than row or column formulas.
C) Use Function on expanded data segments that are NOT placed on separate rows or columns.
D) Use multiple data segments for formatting or calculating.


5. 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 Revaluations.
B) Manage Historical Rates.
C) Manage General Accounting Dashboard.
D) Manage Allocations and Period Entries.
E) Manage intercompany Settlements.


Solutions:

Question # 1
Answer: A,D
Question # 2
Answer: C
Question # 3
Answer: B,C
Question # 4
Answer: A,C
Question # 5
Answer: A,B,D

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