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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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

2. You have added a cost center to the chart of accounts from Fusion General Ledger. Identify the process that you need to run to sync the cube in Essbase.

A) Run the import Chart of Account Segment Values.
B) Run the chart of Accounts - Account Hierarchy.
C) Automatically create or modify the cube in Essbase.
D) Run the Program - Optimizer.

3. The tables, of views, from which Create Accounting takes source data to use in rules and create entries are referred to as_________.

A) Event Entities
B) Event Classes
C) Transaction Objects
D) Accounting attributes
E) Mapping Sets

4. The lowest level of granularity at which a journal entry rule set can be assigned is_____________.

A) Event Entities
B) Event Types
C) Event Classes
D) Events
E) Journal line Rules

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

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

Solutions: