Oracle 1Z1-508 Valid Dump : Oracle Fusion Financials 11g General Ledger Essentials

1Z1-508 real exams

Exam Code: 1Z1-508

Exam Name: Oracle Fusion Financials 11g General Ledger Essentials

Updated: Nov 10, 2024

Q & A: 127 Questions and Answers

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Oracle Fusion Accounting Hub is integrated with Oracle Hyperion Data Relationship Management Fusion Edition. What are two primary purposes of this functionality?

A) stores the identifier for the transaction in the transaction table
B) accurately reflects the accounting rules
C) ability to maintain charts of accounts values and hierarchies in one central location
D) a master data management solution for creating and maintaining hierarchies across an enterprise
E) ability to download very large amounts of data


2. Choose the three interfaces that integrate with SmartView to view, import, manipulate, distribute and share data.

A) Microsoft PowerPoint
B) Microsoft Word
C) Microsoft Access
D) Microsoft Notes
E) Microsoft Excel


3. A customer is trying to build dynamic reports in Fusion Financial Reporting. What are two recommendations?

A) Use Function on expanded data segments that are NOT placed on separate rows or columns.
B) Create reusable objects and row and column templates.
C) Use multiple data segments for formatting or calculating.
D) Use cell formulas to write efficient formulas rather than row or column formulas.


4. Which report indicates if the accounting entries have been transferred to the Oracle Ledger when submitting the Create Accounting process?

A) Trial Balance - Detail
B) Journals - (132 Char)
C) Create Accounting Report
D) Create Accounting execution Report


5. 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) Inactive
B) Active
C) Draft
D) Future
E) Pending


Solutions:

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

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