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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. How is an online ad hoc pivot table created?

A) Use Online Analyzer, if granted access by an administrator
B) Export to Microsoft Excel to perform data manipulation
C) Use Style Templates
D) Use the input parameters feature online
E) Use the Location feature

2. Oracle Business Intelligence Enterprise Edition available through iPhone and iPad devices. Which three BI EE object content are visible through a mobile device?

A) Briefing book, limited to alerts visible in the Alerts list
B) Scorecard, including analytic actions
C) Action
D) Analysis, including analytic actions
E) Tables, excluding drilling

3. Which is an INCORRECT Function for Fusion intercompany?

A) The rule defined in intercompany canbe used for all intercompany balancing of all ledgers that use the same chart of accounts.
B) Intercompany enables you to have a more granular set of rules.
C) You can use a simple setup in which you define one rule for your chart of accounts.
D) You do NOT have the functionality to define rules for specific Journal and category combinations for intercompany transaction types.

4. When reconciling transactions, accounted amounts in a reconciliation report may be different due to differences in the currency conversion rates used. To mitigate the differences in the account balances you should ____________.

A) Add a ledger-balancing line in the intercompany Receivables account and rerun the report
B) Run the report using an additional common currency conversion rate
C) Run additional reports using a number of varied currency conversion rates
D) Add a ledger-balancing line in the intercompany Payables account and rerun the report

5. Journal Approval has been enabled, however, the journal did NOT submit to the appropriate manager for approval. Which three additional steps must, be performed for the approval process to work?

A) Define approver authorization limits.
B) Enable customization.
C) Set up journal sources to use Journal approval.
D) Create an approval hierarchy.
E) Set up journal category to use journal approval.

Solutions: