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

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

1. Where do actions that are configured for execution in the Action Framework appear in Oracle Business intelligence Enterprise Edition?

A) through OBIEE Mobile
B) In the Oracle BI EE Global Header section
C) In theMY Favorite region
D) In the Analysis, Dashboards, Agents, KPIs, and scorecard objectives sections (standard and mobile)


2. Event classes are transaction types used to group____________.

A) Event Types
B) Journal Rule Sets
C) Process Categories
D) Event Models
E) Event Entities


3. The reconciliation report shows the Entered or transaction amount of the accounting entries booked to the intercompany receivables and payables accounts for___________.

A) A provider only
B) Business segment only
C) A legal entity only
D) A pair of provider and receiver legal entities


4. Identify two valid points to be considered when configuring the workspace database connection.

A) Ledgersetup has to be completed after the database connection is created.
B) Cubes are created as part of ledger setup.
C) An ODBC connection is always required.
D) Multiple cubes can be defined for each combination of the chart of accounts and the accounting calendar.
E) A database connection is needed for each cube.


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

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