Oracle 1Z1-508 valid exam dumps : Oracle Fusion Financials 11g General Ledger Essentials

  • Exam Code: 1Z1-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: Jul 22, 2026
  • Q&As: 127 Questions and Answers

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1Z1-508 exam dumps

Oracle 1Z1-508 Exam Syllabus Topics:

SectionObjectives
Accounting Setup and Configuration- Subledger Accounting Configuration
- Accounting Calendar Setup
- Ledger and Currency Setup
Period Close Process- Financial Close Workflow
- Reconciliations and Adjustments
- Period Open and Close Activities
Journal Processing- Recurring Journals
- Manual Journal Entries
- Journal Import and Posting
Multi-Currency and Consolidation- Financial Consolidation Concepts
- Intercompany Accounting
- Currency Translation
Reporting and Inquiry- Financial Statements Generation
- Financial Reporting Center
- Account Analysis and Inquiry Tools
General Ledger Overview- Oracle Fusion General Ledger Architecture
- Chart of Accounts Structure
- Ledger Concepts and Configuration

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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


2. The Receivables and Payables accounts that are automatically generated by intercompany transactions use rules and attributes in what order?

A) Chart of Account Rules; Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules
B) Ledger Level Rules;Primary Balancing Segment Rules;Ledger Entity Level Rules; Chart of Accounts Rules
C) Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules;Chart of Account Rules
D) Chart of Account Rules; Ledger Entity Level Rules, Primary Balancing Segment Rules; Ledger Level Rules
E) Ledger entity Level Rules; ledger Level Rules; Chart of Account Rules; Primary Balancing Segment Rules


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

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


4. Choose the two Oracle Hyperion Reporting and Analysis products and artifacts, that can be imported into financial Reporting.

A) Dynamic Report (* .des)
B) Snapshot Reports (*.rpt)
C) Books. (*.kbk)
D) Impact Manage Transformation Scripts (*. Js)


5. Oracle Business Intelligence Enterprise Edition available through iPhone and iPad devices. Which three BI EE object content are visible through a mobile device?

A) Analysis, including analytic actions
B) Tables, excluding drilling
C) Action
D) Briefing book, limited to alerts visible in the Alerts list
E) Scorecard, including analytic actions


Solutions:

Question # 1
Answer: A
Question # 2
Answer: C
Question # 3
Answer: B,C,E,F
Question # 4
Answer: B,C
Question # 5
Answer: A,C,E

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