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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. The company has four legal entities operating in US CA, US-NY, Canada and the UK. The chart of accounts and the accounting calendar are the same for US CA, US-NY and Canada but NOT for the UK.
How many ledgers are needed?

A) Two
B) three
C) Four
D) One

2. At which two levels do you need to enable the approval process you start defining it?

A) Journal
B) Category
C) Source
D) Ledger

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

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

4. Journal approval in Oracle Fusion Applications uses Oracle Fusion Approvals Management (AMX) to build approvals. Which AMX builder method is most effective when the General Accountant enters the journals for approval?

A) Job level
B) Position
C) Approval Group
D) Human Resources (HK) Supervisory

5. Identify two correct behaviors of conditional suppression of rows and columns.

A) If only some of the cells in a row or column meet the criteria specified for conditional suppression, the row or column is hidden.
B) When the Hide Always chock box is selected for a row or column, you can ignore the values and calculations in hidden rows and columns.
C) If an entire row or column meets the criteria specified for conditional suppression, the entire row or column is hidden.
D) The calculation does NOT consider suppressed rows.

Solutions: