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Oracle 1Z0-508 Exam Syllabus Topics:

SectionObjectives
Reporting and Inquiry- Financial Statements Generation
- Financial Reporting Center
- Account Analysis and Inquiry Tools
General Ledger Overview- Ledger Concepts and Configuration
- Chart of Accounts Structure
- Oracle Fusion General Ledger Architecture
Accounting Setup and Configuration- Ledger and Currency Setup
- Subledger Accounting Configuration
- Accounting Calendar Setup
Period Close Process- Period Open and Close Activities
- Financial Close Workflow
- Reconciliations and Adjustments
Multi-Currency and Consolidation- Financial Consolidation Concepts
- Intercompany Accounting
- Currency Translation
Journal Processing- Journal Import and Posting
- Manual Journal Entries
- Recurring Journals

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

Question 1

Identify the two valid EPM Workspace features that designers incorporate into Books to enable viewers perform tasks.

A. XML, HTML & PDF
B. Related Content
C. Prompt
D. Email inks
E. User POV


Question 2

Identify the two INVALID output options for batch bursting.

A. Output to Printer
B. PDF files
C. Books
D. Snapshot Reports
E. HTML & MHTML


Question 3

Fusion Accounting Hub includes Hyperion Data Management, which can be used for_______________.

A. data access and security
B. data modeling
C. the maintenance of Trading Community Data
D. Chart of Accounts Hierarchy maintenance
E. Chart of Accounts Master Data maintenance


Question 4

Which accounting attribute group will capture a customer's accounting invoice and the cash applied to that invoice?

A. System Transaction identifiers
B. Distribution identifiers
C. Tax attribute
D. Business Flow


Question 5

The Link Journal Lines option in a Journal Line Rule is set to "Copy from Corresponding Line."
What would this do?

A. copies the accounted amount from a previous journal
B. copies the accounting dale from a previous journal
C. copies from a previous journal line
D. copies the description from the debitline to the credit line
E. builds account for a journal line using segments from the offsetting entry of the current journal line


Solutions:

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

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