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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

Question 1

In Oracle Fusion, you can define more complex structure and multiple rules between pairs of____________.

A. Ledger, Legal Entities, or Primary Segments
B. Ledgers only
C. Legal Entities only
D. Primary Segments only

Question 2

XYZ Company has two departments: Marketing and Finance. The Finance Department has two Functional divisions: receivables and payables. Select the flow for establishing hierarchy.

A. Hierarchy between departments only
B. Hierarchy between the organization and its departments, and between the departments and their respective functional divisions
C. hierarchy between the organization and its departments and functional divisions only
D. Hierarchy between functional divisions only

Question 3

When recording the closing of a loan, you can link to the account that was used to book the loan origination.
Which option would you choose in Journal Line Rule?

A. Journal Line Rule Conditions
B. Link Journal Lines Options set to None
C. Link Journal Lines Options set toBusinessFlow
D. Link Journal Lines Options set to Copy from Corresponding Line
E. Merge Matching Lines to All

Question 4

The Profitability Dashboard providers visibility into a company's performance. Which indicator is via the Profitability Dashboard?

A. Recruitment
B. Suppliers
C. Pipeline
D. Return on Equity
E. Budget

Question 5

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

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

Solutions: