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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. In Oracle Fusion, you can define more complex structure and multiple rules between pairs of____________.

A) Ledger, Legal Entities, or Primary Segments
B) Ledgers only
C) Legal Entities only
D) Primary Segments only

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

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

3. 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) Accounting Date
D) Ledger
E) Supporting Reference

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

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

Solutions: