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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

Question 1

You have created allocution and periodic journal entry definitions for several monthly entries. You are now ready to generate allocation entries. Which task must be completed before generating the allocation and periodic entries?

A. Manually set the last day of the submission period as the Accounting Date and Calculation effective Date.
B. Set the period to Close or Open.
C. Define, validate and deploy the rules or rule sets successfully from Allocation Manager.
D. Enter and post the journal balances for Mass Allocation in the Close period.

Question 2

You are required to enter the daily rates for currency conversion from British pound (GBP) to United States dollars (USD) each day. Which Excel add-in application do you use to load the daily rates?

A. Financial Reporting studio
B. Application Development Framework Integration
C. Web ADI
D. SmartVIew

Question 3

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

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

Question 4

If you change the status of a tree structure, the status of the trees and tree versions associated with structure also change. Which three statuses apply to the tree structure?

A. Pending
B. Inactive
C. Draft
D. Active
E. Future

Question 5

What are two reasons for using scorecards?

A. Dimension Pinnings
B. Gauges
C. Assessment Mappings
D. KPIs are represented hierarchically
E. an objective and its supporting child objectives

Solutions: