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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which view do you use to set parameters and define the data that is displayed in the SmartView report.

A) SmrtView
B) Point of View
C) SmartSlice
D) SmartCube

2. Which three actions can you perform on subledger journal entities?

A) Reverse
B) Complete
C) Close
D) Incomplete
E) Duplicate
F) Finish

3. Identify two valid points to be considered when configuring the workspace database connection.

A) An ODBC connection is always required.
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) A database connection is needed for each cube.
E) Cubes are created as part of ledger setup.

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) Financial Reporting Studio
B) Application Development Framework Integration
C) SmartView
D) Web ADI

5. Identify the step that is NOT correct about implementing Fusion Accounting Hub to integrate with an external system.

A) Capture accounting events.
B) Enable external system to create Journal entries.
C) Determine the accounting impact of transactions.
D) Analyze external system transactions.

Solutions: