Oracle 1Z1-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Multi-Currency and Consolidation | - Intercompany Accounting - Currency Translation - Financial Consolidation Concepts |
| Period Close Process | - Reconciliations and Adjustments - Financial Close Workflow - Period Open and Close Activities |
| General Ledger Overview | - Oracle Fusion General Ledger Architecture - Chart of Accounts Structure - Ledger Concepts and Configuration |
| Reporting and Inquiry | - Financial Statements Generation - Financial Reporting Center - Account Analysis and Inquiry Tools |
| Accounting Setup and Configuration | - Ledger and Currency Setup - Accounting Calendar Setup - Subledger Accounting Configuration |
| Journal Processing | - Journal Import and Posting - Recurring Journals - Manual Journal Entries |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
Question 1
You have been given a task to update a calendar by adding a new period to it. What is the quickest way to perform this task?
A. Use the Add Year button.
B. The application automatically populates the next period.
C. Manually add the periods.
D. Run the Other - Calendar Validation Report.
Question 2
Which components are used to perform ETL and prebuilt ETL logic while setting up Oracle Business Intelligence Enterprise Edition?
A. Oracle Business Analytics Warehouse and Oracle BI Presentation Services
B. Functional Setup Manager and Configuration Manager
C. Information PowerCenter Servicer, and Informatics Repository
D. Oracle BI Server and OLIP data source
E. Metadata Repository and BI Presentation Services Catalog
Question 3
The Receivables and Payables accounts that are automatically generated by intercompany transactions use rules and attributes in what order?
A. Ledger Level Rules;Primary Balancing Segment Rules;Ledger Entity Level Rules; Chart of Accounts Rules
B. Ledger entity Level Rules; ledger Level Rules; Chart of Account Rules; Primary Balancing Segment Rules
C. Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules;Chart of Account Rules
D. Chart of Account Rules; Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules
E. Chart of Account Rules; Ledger Entity Level Rules, Primary Balancing Segment Rules; Ledger Level Rules
Question 4
Yon have entered a journal and your supervisor is asking for the current account balance and what the future account balance will be after the journal is approved and posted. How will you get this information?
A. Run Trial Balance.
B. View the Account Inquiry window
C. Run the Journals- (132 Char) Report.
D. View the Projected Balances Region on the Create Journal page
Question 5
The Profitability Dashboard providers visibility into a company's performance. Which indicator is via the Profitability Dashboard?
A. Budget
B. Recruitment
C. Return on Equity
D. Suppliers
E. Pipeline
Solutions:
| Question 1 Answer: C | Question 2 Answer: A | Question 3 Answer: C | Question 4 Answer: D | Question 5 Answer: C |
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