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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Transactions may involve multiple currencies that require a common currency to make the reports meaningful. What are the amounts Oracle Business Analytics Warehouse uses to store currency?

A) Global Currency (two common currencies), Document Currency,Local Currency
B) Currency Symbol, Currency Name
C) Report Currency
D) Currency Code, Currency Name

2. Which is an example of embedded intelligence in the Fusion General Accounting Dashboard?

A) running a trial balance report to reconcile books
B) setting notification thresholds in the Account Monitor view
C) moving the cursor over projected balances displays the impact a journal will have on accounts
D) getting more detail on a balance by clicking the Show More button

3. Identify the set up that needs to be completed before you can use cubes.

A) Ledger
B) Report Builder
C) Microsoft Office
D) FSG

4. Choose the four steps required to create and use the chart of accounts.

A) Create Chart of Accounts Structure.
B) Publish Account Hierarchies.
C) Create Chart of Accounts Structure Instance.
D) Create Value Sets.
E) Create Account Hierarchies.
F) Create Value Set Values.

5. What are two reasons for using scorecards?

A) an objective and its supporting child objectives
B) Assessment Mappings
C) KPIs are represented hierarchically
D) Dimension Pinnings
E) Gauges

Solutions: