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

1Z0-508
  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: May 14, 2025
  • Q & A: 127 Questions and Answers
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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Choose the Oracle application that will automatically update the chart of accounts values and Hierarchies across multiple Oracle E-Business Suite and Oracle Fusion instances through a single application.

A) Oracle Business Intelligence Enterprise Edition
B) Oracle Hyperion Data Relationship Management
C) Oracle Fusion Accounting Hub
D) Oracle Fusion General Ledger Suite


2. Journal Approval has been enabled, however, the journal did NOT submit to the appropriate manager for approval. Which three additional steps must, be performed for the approval process to work?

A) Define approver authorization limits.
B) Enable customization.
C) Create an approval hierarchy.
D) Set up journal category to use journal approval.
E) Set up journal sources to use Journal approval.


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

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


4. Identify the set up that needs to be completed before you can use cubes.

A) Microsoft Office
B) Report Builder
C) Ledger
D) FSG


5. The life cycle of a transaction's accounting impact is modeled by using__________.

A) Event Entities
B) Event Classes and Types
C) Journal Sources
D) Journal Categories
E) Process Categories


Solutions:

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

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