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Oracle 1Z0-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Security and Access Control | - Role-based access control - Ledger security rules |
| Journal Processing | - Creating and managing journals - Recurring journals and allocations - Journal approval workflows |
| Reporting | - Financial statements generation - Standard and ad-hoc reporting |
| General Ledger Setup | - Currency and calendar setup - Chart of Accounts structure - Ledger configuration and setup |
| Ledger and Accounting Processes | - Posting journals to ledger - Period close process - Accounting calendar periods |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. Identify the two INVALID output options for batch bursting.
A) Snapshot Reports
B) PDF files
C) Output to Printer
D) HTML & MHTML
E) Books
2. Event classes are transaction types used to group____________.
A) Process Categories
B) Event Types
C) Journal Rule Sets
D) Event Entities
E) Event Models
3. Which accounting attribute group will capture a customer's accounting invoice and the cash applied to that invoice?
A) System Transaction identifiers
B) Tax attribute
C) Distribution identifiers
D) Business Flow
4. Which report indicates if the accounting entries have been transferred to the Oracle Ledger when submitting the Create Accounting process?
A) Create Accounting Report
B) Trial Balance - Detail
C) Create Accounting execution Report
D) Journals - (132 Char)
5. To set up the intercompany transaction using the Chart of Account rule, you will have to ___________.
A) specify the Chart of account intercompany receivables accounts, intercompany payables account the source and the category
B) specify the chart of account intercompany receivables only
C) specify the chart of account intercompany receivables and intercompany payables accounts
D) specify the chart of accounts intercompany payables only
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: C |
