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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

Question 1

If you change the status of a tree structure, the status of the trees and tree versions associated with structure also change. Which three statuses apply to the tree structure?

A. Pending
B. Future
C. Draft
D. Active
E. Inactive

Question 2

In Oracle Fusion, the intercompany transactions are used to generate the accounts needed to balance ____________.

A. By account values
B. By legal entity only
C. By primary balancing segment values only
D. By both legal and balancing segments values

Question 3

The Receivables and Payables accounts that are automatically generated by intercompany transactions use rules and attributes in what order?

A. Ledger Level Rules;Primary Balancing Segment Rules;Ledger Entity Level Rules; Chart of Accounts Rules
B. Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules;Chart of Account Rules
C. Chart of Account Rules; Ledger Entity Level Rules, Primary Balancing Segment Rules; Ledger Level Rules
D. Chart of Account Rules; Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules
E. Ledger entity Level Rules; ledger Level Rules; Chart of Account Rules; Primary Balancing Segment Rules

Question 4

You are required to enter the daily rates for currency conversion from British pound (GBP) to United States dollars (USD) each day. Which Excel add-in application do you use to load the daily rates?

A. SmartVIew
B. Financial Reporting studio
C. Web ADI
D. Application Development Framework Integration

Question 5

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. Automatically create or modify the cube in Essbase.
C. Run the chart of Accounts - Account Hierarchy.
D. Run the Program - Optimizer.

Solutions: