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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

Question 2

Which three rule types are used to build an account rule?

A. Segment
B. Mapping Set
C. System Transaction Identifiers
D. Account Combination
E. Value Set

Question 3

Identify the two steps that must be completed when performing Accounting Configuration

A. Create Primary Ledgers
B. Create Legal Entities
C. Open First Period
D. Create Reporting Currencies

Question 4

In Oracle Fusion, the intercompany transactions are used to generate the accounts needed to balance ____________.

A. By legal entity only
B. By account values
C. By primary balancing segment values only
D. By both legal and balancing segments values

Question 5

What are the key performance metrics for Oracle Fusion Financials?

A. Pipelinefunnel. Opportunity Details, Forecast and Actual versus Quota and Forecast versus Pipeline
B. Requisitions. Vacancy Analysis, Recruitment Pipeline and Offer Analysis
C. Spend by Category, Spend by Supplier, Spend by Organization and Item Detail
D. Expenses, Revenue, Balance Sheet, Cash Flow, Budget versus Actual, Asset Usage, Liquidity, Financial Structure and GL Balance
E. Project Performance, Financial Management, Budget Details and Cost Details

Solutions: