Oracle 1Z0-508 exam : Oracle Fusion Financials 11g General Ledger Essentials

1Z0-508 Exam Simulator
  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: Sep 01, 2025
  • Q & A: 127 Questions and Answers

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Oracle 1Z0-508 exam simulator

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Where do end users modify preferences, such as time zone, delivery devices and delivery profile?

A) My Reports
B) My Scorecards
C) My Agents
D) My Dashboard page
E) My Account dialog box


2. What are the key performance metrics for Oracle Fusion Financials?

A) Pipelinefunnel. Opportunity Details, Forecast and Actual versus Quota and Forecast versus Pipeline
B) Spend by Category, Spend by Supplier, Spend by Organization and Item Detail
C) Project Performance, Financial Management, Budget Details and Cost Details
D) Requisitions. Vacancy Analysis, Recruitment Pipeline and Offer Analysis
E) Expenses, Revenue, Balance Sheet, Cash Flow, Budget versus Actual, Asset Usage, Liquidity, Financial Structure and GL Balance


3. What are the two functions that Oracle Fusion Approvals Management (AMX) merges to approve journal flow?

A) Oracle Workflow
B) Oracle Approvals Management (AME)
C) Oracle PeopleSoft Approvals (AWE)
D) Business Process Execution Language (BPEL)


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

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


5. Identify the two items that the intercompany Reconciliation reports display.

A) intercompany receivables and intercompany payables lines generated for the provider and receiver of each intercompany transaction
B) ledger balancing lines generated when the primary balancing segment value is in balance, but either the second balancing segment or the third balancing segment is out of balance
C) clearing company balance lines
D) intercompany receivables and intercompany payables lines generated by the intercompany balancing feature


Solutions:

Question # 1
Answer: E
Question # 2
Answer: E
Question # 3
Answer: B,C
Question # 4
Answer: C
Question # 5
Answer: A,D

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