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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

Question 1

What are NOT included in the intercompany reconciliation reports?

A. Intercompany receivables and Intercompany payables lines generated for the provider and receiver of each intercompany transaction
B. Ledger balancing lines generated when the primary balancing segment value is in balance butneither the second balancing segment northird balancing segment is out of balance; clearing company balancing lines
C. Intercompany receivables and intercompany lines generated by the intercompany balancing feature
D. Clearing company balancing lines

Question 2

Identify the step that is NOT correct about implementing Fusion Accounting Hub to integrate with an external system.

A. Enable external system to create Journal entries.
B. Analyze external system transactions.
C. Capture accounting events.
D. Determine the accounting impact of transactions.

Question 3

Which two locations display reports and folders that you have been granted access to based on your role, but have NOT created?

A. My Report
B. Shared Folders
C. Analyzer
D. Catalog
E. My folders

Question 4

Transaction objects in Fusion Accounting Hub are associated to_____________.

A. Journal Line Types
B. Event Classes
C. Event Entities
D. Event Types

Question 5

The reconciliation report shows the Entered or transaction amount of the accounting entries booked to the intercompany receivables and payables accounts for___________.

A. Business segment only
B. A provider only
C. A pair of provider and receiver legal entities
D. A legal entity only

Solutions: