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Oracle 1Z0-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Security and Access Control | - Ledger security rules - Role-based access control |
| Reporting | - Standard and ad-hoc reporting - Financial statements generation |
| General Ledger Setup | - Chart of Accounts structure - Ledger configuration and setup - Currency and calendar setup |
| Ledger and Accounting Processes | - Posting journals to ledger - Accounting calendar periods - Period close process |
| Journal Processing | - Recurring journals and allocations - Creating and managing journals - Journal approval workflows |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. When configuring the allocation and periodic entries, which three tasks must be completed before generating the entries?
A) The journal balances for the allocation or periodic rules are entered and posted in the proper period.
B) The period is set to Open or Future Enterable
C) The period is set to Closed, Never Open or Future Enterable.
D) The rules or rules sets have been defined, validated and deployed successfully from the Allocation Manager.
E) The period is set to Open, Never Open or Future Enterable.
2. During implementation, the consultant designated the cost center segment qualifier as the natural account segment qualifier. Select the process that enables you to change the qualifier back.
A) Run the Inheritance program after the change.
B) Run the Move/Merge program.
C) Createa new Chart of Accounts.
D) Change and save the segment qualifier.
3. Journal Approval has been enabled, however, the journal did NOT submit to the appropriate manager for approval. Which three additional steps must, be performed for the approval process to work?
A) Enable customization.
B) Create an approval hierarchy.
C) Set up journal sources to use Journal approval.
D) Define approver authorization limits.
E) Set up journal category to use journal approval.
4. Oracle Business Intelligence Enterprise Edition available through iPhone and iPad devices. Which three BI EE object content are visible through a mobile device?
A) Action
B) Tables, excluding drilling
C) Analysis, including analytic actions
D) Briefing book, limited to alerts visible in the Alerts list
E) Scorecard, including analytic actions
5. In Oracle Fusion, you can NOT edit the period after it is set to ____________.
A) Open
B) Pending Closed
C) Closed
D) Open or Enterable
Solutions:
| Question # 1 Answer: A,B,D | Question # 2 Answer: D | Question # 3 Answer: B,C,E | Question # 4 Answer: A,C,E | Question # 5 Answer: C |



