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Oracle 1Z1-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Journal Processing | - Recurring journals and allocations - Creating and managing journals - Journal approval workflows |
| Ledger and Accounting Processes | - Accounting calendar periods - Posting journals to ledger - Period close process |
| Security and Access Control | - Role-based access control - Ledger security rules |
| Reporting | - Financial statements generation - Standard and ad-hoc reporting |
| General Ledger Setup | - Chart of Accounts structure - Ledger configuration and setup - Currency and calendar setup |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
Question 1
Identify the two INVALID output options for batch bursting.
A. HTML & MHTML
B. PDF files
C. Snapshot Reports
D. Books
E. Output to Printer
Question 2
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. If an entire row or column meets the criteria specified for conditional suppression, the entire row or column is hidden.
C. The calculation does NOT consider suppressed rows.
D. 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.
Question 3
What are the two functions that Oracle Fusion Approvals Management (AMX) merges to approve journal flow?
A. Business Process Execution Language (BPEL)
B. Oracle Approvals Management (AME)
C. Oracle Workflow
D. Oracle PeopleSoft Approvals (AWE)
Question 4
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. Two ledger and two Legal Entities
B. One ledger and one Legal Entity
C. Three Ledger and three Legal Entities
D. One Ledger and three Legal Entities
Question 5
What is the primary source of data that is used for the Financial Reporting Center?
A. the Code Combinations table
B. data from the balances cubes and dimensions contained in the chart of account segments
C. transaction tables
D. defined dimensions for journals
Solutions:
| Question 1 Answer: A,E | Question 2 Answer: B,D | Question 3 Answer: B,D | Question 4 Answer: C | Question 5 Answer: B |







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