Oracle 1Z1-508

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

2. There is a performance issue with new account hierarchies. Which setting would you update to improve performance?

A) Parent Child Relationship
B) ADF Business component View Objects
C) Column set
D) Row set

3. Why would an end user use BI Composer?

A) To restrict user access only to the data for which they are authorized
B) To set a specific set of dimension values
C) To bundletheentire catalog, specific folders, or multi component objects for archiving
D) To leverage a wizard to create, edit orview analyses outside of the Analysis Editor
E) To export report, KPI and analysis prompt values and data as PDF, MHTML, XLS and CVS files.

4. 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

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

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

Solutions: