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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: Oct 18, 2024
  • Q & A: 127 Questions and Answers
  • PDF Version

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  • PDF Price: $59.98
  • Oracle 1Z1-508 Value Pack

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  • PDF Version + PC Test Engine + Online Test Engine (free)
  • Value Pack Total: $79.98

About Oracle 1Z1-508: Oracle Fusion Financials 11g General Ledger Essentials

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. In Oracle Fusion Applications, a calendar can only have ___________.

A) Multiple period frequencies and period types
B) Oneperiod frequency and period type
C) Multiple period types
D) Multiple period frequencies


2. Which three objectives must be considered when designing the chart of accounts?

A) Anticipate growth and maintenance needs because organizational changes occur
B) Provide less flexibility for management reporting and analysis.
C) Select the segment qualifiers.
D) Effectively manage an organization's financial business.
E) Support the audit and control of financial transactions.


3. How do you represent the Chart of Account Segments in SmartView technology?

A) Grid POV
B) Members
C) Dimensions
D) User POV


4. A user wants to enter a multiple currency journal in the General Ledger. What must the user do to see the conversion rate type, conversion date, and conversion rate columns?

A) At the Journal Header level, select a blank value in the currency field.
B) At the Journal Header level, accept the default value in the currency field.
C) At the Journal line level, accept the default value in the currency field.
D) At the Journal line level, select a blank value in the currency field.


5. 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.


Solutions:

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

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