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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. In the Essbase database source, how do you identify duplicate members?

A) use an alias name for a database member
B) use the member perspective
C) display qualified names instead of the member names
D) use member Information

2. Which is an example of embedded intelligence in the Fusion General Accounting Dashboard?

A) setting notification thresholds in the Account Monitor view
B) getting more detail on a balance by clicking the Show More button
C) running a trial balance report to reconcile books
D) moving the cursor over projected balances displays the impact a journal will have on accounts

3. Identify three tasks that can be performed using the General Accounting Dashboard.

A) Configure user responsibilities.
B) Pay invoices to a contractor.
C) Receive instant visibility of transaction statuses.
D) Take immediate action and drill down to uncover more detailed information.
E) Get a high level view of the state of a department.
F) Pay invoices to a supplier.

4. A company has the second and third balancing segment enabled for its chart of accounts, and the journal is balanced by the primary balancing segment but is out of balance by the second and third balancing segment. This is an example of ____________.

A) Chart Account Balancing Rule
B) Chart of Account Rule
C) Segment qualifier
D) Balancing Segment Rule

5. Which three types of objects can be created in Allocation Manager?

A) Rules that contain components, such as points of view, formulas, and templates
B) Journal formulas grouped together and executed sequentially to update account balances step by step
C) components that contain formulas, points of view, or allocation Objects
D) Complex computations based on different variables to automatically calculate allocated amounts.
E) Rule Sets that contain sets of rules that can be calculated sequentially

Solutions: