Oracle 1Z0-508 : Oracle Fusion Financials 11g General Ledger Essentials

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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which three tasks that can be performed by using Account inspector in the Account Monitor choice list?

A) Interactively perform ad hoc inquiries on the financial balances.
B) Drill down to the detailed balances within a custom pivot table.
C) Close selected accounts and periods that appear in the pivot table.
D) Export a custom pivot table to Microsoft Excel.
E) Do not use a pivot table.

2. The General Ledger supervisor requested a schedule be created to AutoPost the subledger accounts different times. To accomplish this, the AutoPost criteria need to be set by__________.

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

3. Choose the two options that need to be enabled for Journal Approval.

A) Account
B) Batch level
C) Ledger level
D) Journal Source

4. You are required to enter the daily rates for currency conversion from British pound (GBP) to United States dollars (USD) each day. Which Excel add-in application do you use to load the daily rates?

A) Web ADI
B) SmartView
C) Application Development Framework Integration
D) Financial Reporting Studio

5. A company has three divisions: a U.S. division that covers the U.S. locations, a European division that covers U.K. and France, and a Middle East division that covers Saudi Arabia and U.A.E. All the divisions have their own employees. Choose how many Ledgers and Legal Entities the company Needs.

A) Three Ledger and three Legal Entities
B) One ledger and one Legal Entity
C) Two ledger and two Legal Entities
D) One Ledger and three Legal Entities

Solutions: