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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Choose the Oracle application that will automatically update the chart of accounts values and Hierarchies across multiple Oracle E-Business Suite and Oracle Fusion instances through a single application.

A) Oracle Hyperion Data Relationship Management
B) Oracle Fusion General Ledger Suite
C) Oracle Business Intelligence Enterprise Edition
D) Oracle Fusion Accounting Hub

2. Event classes are transaction types used to group____________.

A) Event Types
B) Process Categories
C) Event Models
D) Journal Rule Sets
E) Event Entities

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

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

4. The reconciliation report shows the Entered or transaction amount of the accounting entries booked to the intercompany receivables and payables accounts for___________.

A) A legal entity only
B) A pair of provider and receiver legal entities
C) A provider only
D) Business segment only

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

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

Solutions: