Oracle 1Z0-508

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. In Oracle Fusion Applications, a calendar can only have ___________.

A) Multiple period types
B) Multiple period frequencies
C) Oneperiod frequency and period type
D) Multiple period frequencies and period types

2. To open a period without going into the Setup and Maintenance work area you can maintain the period statuses of ledger from the ___________ work area.

A) General Ledger Journals
B) Process Monitoring
C) Account Monitoring
D) Manage Revaluations

3. Identify the step that is NOT correct about implementing Fusion Accounting Hub to integrate with an external system.

A) Enable external system to create Journal entries.
B) Analyze external system transactions.
C) Capture accounting events.
D) Determine the accounting impact of transactions.

4. Which task is NOT allowed when spreading data for time periods in Microsoft Excel?

A) temporarily locking the values of certain cells while spreading data over time periods
B) spreading values among children and parents proportionally, based on existing distribution
C) spreading data in a summary time period that includes members and mixed currency types
D) spreading values based on weekly distribution of a quarter, which could be 4-4-5, 5-4-4, or none
E) spreading the value of a summary time period to its base time periods or to the first parent or first child of the parent time period

5. How do you represent the Chart of Account Segments in SmartView technology?

A) Dimensions
B) Members
C) Grid POV
D) User POV

Solutions: