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Oracle 1Z1-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Journal Processing | - Creating and managing journals - Recurring journals and allocations - Journal approval workflows |
| Topic 2: Security and Access Control | - Ledger security rules - Role-based access control |
| Topic 3: Ledger and Accounting Processes | - Posting journals to ledger - Accounting calendar periods - Period close process |
| Topic 4: Reporting | - Financial statements generation - Standard and ad-hoc reporting |
| Topic 5: General Ledger Setup | - Ledger configuration and setup - Currency and calendar setup - Chart of Accounts structure |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. Identify the two valid EPM Workspace features that designers incorporate into Books to enable viewers perform tasks.
A) Email inks
B) XML, HTML & PDF
C) Prompt
D) User POV
E) Related Content
2. Which task is NOT allowed when spreading data for time periods in Microsoft Excel?
A) spreading the value of a summary time period to its base time periods or to the first parent or first child of the parent time period
B) spreading data in a summary time period that includes members and mixed currency types
C) spreading values based on weekly distribution of a quarter, which could be 4-4-5, 5-4-4, or none
D) spreading values among children and parents proportionally, based on existing distribution
E) temporarily locking the values of certain cells while spreading data over time periods
3. The Profitability Dashboard providers visibility into a company's performance. Which indicator is via the Profitability Dashboard?
A) Pipeline
B) Recruitment
C) Suppliers
D) Budget
E) Return on Equity
4. Identify two valid points to be considered when configuring the workspace database connection.
A) Cubes are created as part of ledger setup.
B) Multiple cubes can be defined for each combination of the chart of accounts and the accounting calendar.
C) Ledgersetup has to be completed after the database connection is created.
D) An ODBC connection is always required.
E) A database connection is needed for each cube.
5. The tables, of views, from which Create Accounting takes source data to use in rules and create entries are referred to as_________.
A) Accounting attributes
B) Event Classes
C) Transaction Objects
D) Mapping Sets
E) Event Entities
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: B | Question # 3 Answer: E | Question # 4 Answer: A,E | Question # 5 Answer: E |
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