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Oracle 1Z0-508 Exam Syllabus Topics:

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

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. A database connection can be changed when moving from a development environment server to a production environment server. Identify the reason for the error message "1012: Report contains an Invalid grid. The following dimensions could not be found: Measures."

A) Dimensions do NOT match a specific report in the book
B) Dimensions existed in the old database connection, but NOT in the new database connection
C) Dimensions in the changed database connections do NOT match the previous dimensions
D) Opening or running the reports or books for an INVALID database connection


2. Select two text functions that are available only for financial management.

A) ProcessManagementStatus
B) MemberProprty
C) MemberDescription
D) MemberAlias
E) CallText


3. Identify the valid data source where key Figure Manager is used for Financial Reporting.

A) EssBase
B) Financial Management
C) Planning
D) MSOLAP
E) SAP BW


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


5. What is the best view or tool to use it you need to quickly perform an ad hoc ledger query that drill down to in a web view?

A) Oracle Hyperion Smart View
B) Account Inspector
C) Oracle Hyperion Financial Reporting Studio
D) Account Monitoring


Solutions:

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

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