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: Dec 16, 2024

Q & A: 127 Questions and Answers

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Identify the option that needs to be selected at the header level when assigning a header level subledger Journal Rule Set.

A) Description
B) Currency
C) Ledger
D) Accounting Date
E) Supporting Reference


2. When recording the closing of a loan, you can link to the account that was used to book the loan origination.
Which option would you choose in Journal Line Rule?

A) Link Journal Lines Options set toBusinessFlow
B) Merge Matching Lines to All
C) Link Journal Lines Options set to None
D) Link Journal Lines Options set to Copy from Corresponding Line
E) Journal Line Rule Conditions


3. Where can a multidimensional analysis of accounting balances be performed online?

A) Requisition Overview
B) Revenue Influenced by Program
C) Project Analytics
D) Account Monitor and Account Inspector
E) Forecast and Actual versus Quota


4. Which three options tan you use from the Generate Allocations link to open the Submission page?

A) Print Output
B) Notification when this process ends
C) E-mail the output
D) Fax the output
E) Automatically save it as an Excel file


5. Transactions may involve multiple currencies that require a common currency to make the reports meaningful. What are the amounts Oracle Business Analytics Warehouse uses to store currency?

A) Global Currency (two common currencies), Document Currency,Local Currency
B) Currency Symbol, Currency Name
C) Report Currency
D) Currency Code, Currency Name


Solutions:

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

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