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Oracle 1Z1-508 real answers - Oracle Fusion Financials 11g General Ledger Essentials

1Z1-508
  • Exam Code: 1Z1-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: Dec 12, 2025
  • Q & A: 127 Questions and Answers
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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. To update an intercompany calendar, the calendar status must be in a(n)__________.

A) Open Period
B) Final Closed Period
C) Newer Open or Closed Period
D) Pending Close Period


2. XYZ Company has two departments: Marketing and Finance. The Finance Department has two Functional divisions: receivables and payables. Select the flow for establishing hierarchy.

A) Hierarchy between functional divisions only
B) Hierarchy between the organization and its departments, and between the departments and their respective functional divisions
C) Hierarchy between departments only
D) hierarchy between the organization and its departments and functional divisions only


3. How can data from a Chart of Accounts instance be viewed in Oracle Business Intelligence?

A) Data is automatically available in Oracle Business intelligence through the transaction tables and cubes.
B) Select the Business Intelligence check box for the Chart of AccountsInstance.
C) Enable the offerings in the Manage BI Applications dialog box.
D) Select the Enable for Implementation check box.
E) Use the Migrate Oracle Fusion Financials function within the Setup and Maintenance work area.


4. Fusion Accounting Hub includes Hyperion Data Management, which can be used for_______________.

A) Chart of Accounts Master Data maintenance
B) the maintenance of Trading Community Data
C) data access and security
D) Chart of Accounts Hierarchy maintenance
E) data modeling


5. Choose the three interfaces that integrate with SmartView to view, import, manipulate, distribute and share data.

A) Microsoft PowerPoint
B) Microsoft Excel
C) Microsoft Access
D) Microsoft Word
E) Microsoft Notes


Solutions:

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

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