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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

Question 1

Which three options tan you use from the Generate Allocations link to open the Submission page?

A. Print Output
B. E-mail the output
C. Automatically save it as an Excel file
D. Fax the output
E. Notification when this process ends

Question 2

To update an intercompany calendar, the calendar status must be in a(n)__________.

A. Newer Open or Closed Period
B. Pending Close Period
C. Open Period
D. Final Closed Period

Question 3

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

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

Question 4

The company has four legal entities operating in US CA, US-NY, Canada and the UK. The chart of accounts and the accounting calendar are the same for US CA, US-NY and Canada but NOT for the UK.
How many ledgers are needed?

A. Four
B. One
C. Two
D. three

Question 5

What can be used to restrict the events selected for accounting when users submit the Accounting Process?

A. EventClasses
B. Event Types
C. Batch Name
D. Process Category
E. Journal Line Types

Solutions: