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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

Question 1

To update an intercompany calendar, the calendar status must be in a(n)__________.

A. Final Closed Period
B. Newer Open or Closed Period
C. Pending Close Period
D. Open Period

Question 2

What is the most efficient way to add a new year to the accounting calendar?

A. Add the periods manually.
B. Run the Other - Calendar Validation Report.
C. Use the Add Year button.
D. The application automatically populates the next period.

Question 3

Choose four applications for which SmartView provides a common Microsoft Office interface.

A. Oracle E-Business Suite Release 11g
B. Oracle Essbase
C. Oracle Business Intelligence Enterprise Edition
D. Oracle Hyperion Planning, Fusion Edition
E. Oracle Enterprise Performance Management Workspace, Fusion Edition
F. Oracle Hyperion Financial Management, Fusion Edition

Question 4

Account Rules are specific to ____________.

A. Journal Rule sets
B. Subledger application
C. Event Classes
D. Accounting methods
E. Event Types

Question 5

Identify the two items that the intercompany Reconciliation reports display.

A. intercompany receivables and intercompany payables lines generated by the intercompany balancing feature
B. ledger balancing lines generated when the primary balancing segment value is in balance, but either the second balancing segment or the third balancing segment is out of balance
C. intercompany receivables and intercompany payables lines generated for the provider and receiver of each intercompany transaction
D. clearing company balance lines

Solutions: