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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. An invoice with two lines is entered, later that day an adjustment is made to the invoice to add another line. At the end of the day, the invoice is sent to the Fusion Accounting Hub. How many events would you create?

A) Threeevents: one for invoice creation and two for line creation
B) Twoevents: one for invoice creation and one for the adjustment
C) Oneeventforinvoice creation; adjustment happened before transaction sent to the Fusion Accounting Hub
D) Fourevents: one for invoice creation, one each for the two lines arid one for the adjustment

2. Which keyboard shortcut is used to navigate to Focus Annotations Area Control?

A) Ctrl + F
B) Ctrl + B
C) Ctrl + Y
D) Ctrl + G
E) Ctrl+ L

3. Identify the SmartView Ribbon command that is used to display levels in the Member hierarchy.

A) Cascade
B) Drill Through
C) Zoom in and Zoom out
D) Query

4. How can data from a Chart of Accounts instance be viewed in Oracle Business Intelligence?

A) Select the Enable for Implementation check box.
B) Select the Business Intelligence check box for the Chart of AccountsInstance.
C) Enable the offerings in the Manage BI Applications dialog box.
D) Data is automatically available in Oracle Business intelligence through the transaction tables and cubes.
E) Use the Migrate Oracle Fusion Financials function within the Setup and Maintenance work area.

5. 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) Run the Other - Calendar Validation Report.
B) Use the Add Year button.
C) Manually add the periods.
D) The application automatically populates the next period.

Solutions: