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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which task is NOT allowed when spreading data for time periods in Microsoft Excel?

A) spreading data in a summary time period that includes members and mixed currency types
B) spreading values among children and parents proportionally, based on existing distribution
C) temporarily locking the values of certain cells while spreading data over time periods
D) spreading the value of a summary time period to its base time periods or to the first parent or first child of the parent time period
E) spreading values based on weekly distribution of a quarter, which could be 4-4-5, 5-4-4, or none

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

3. Identify three tasks that can be performed using the General Accounting Dashboard.

A) Receive instant visibility of transaction statuses.
B) Take immediate action and drill down to uncover more detailed information.
C) Configure user responsibilities.
D) Pay invoices to a contractor.
E) Get a high level view of the state of a department.
F) Pay invoices to a supplier.

4. You have created allocution and periodic journal entry definitions for several monthly entries. You are now ready to generate allocation entries. Which task must be completed before generating the allocation and periodic entries?

A) Manually set the last day of the submission period as the Accounting Date and Calculation effective Date.
B) Define, validate and deploy the rules or rule sets successfully from Allocation Manager.
C) Set the period to Close or Open.
D) Enter and post the journal balances for Mass Allocation in the Close period.

5. Choose the two Oracle Hyperion Reporting and Analysis products and artifacts, that can be imported into financial Reporting.

A) Books. (*.kbk)
B) Dynamic Report (* .des)
C) Impact Manage Transformation Scripts (*. Js)
D) Snapshot Reports (*.rpt)

Solutions: