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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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

2. Which method will reverse accruals in the next accounting period?

A) Create one event and use the Accounting Reversal attribute.
B) Create one entry and use Accrual Reversal GL Date.
C) Create two events, one for accrual and another for the reversal.
D) Create one event and use the GL functionality to perform the reversal.

3. At which two levels do you need to enable the approval process you start defining it?

A) Category
B) Ledger
C) Journal
D) Source

4. When reconciling transactions, accounted amounts in a reconciliation report may be different due to differences in the currency conversion rates used. To mitigate the differences in the account balances you should ____________.

A) Add a ledger-balancing line in the intercompany Payables account and rerun the report
B) Add a ledger-balancing line in the intercompany Receivables account and rerun the report
C) Run additional reports using a number of varied currency conversion rates
D) Run the report using an additional common currency conversion rate

5. Which components are used to perform ETL and prebuilt ETL logic while setting up Oracle Business Intelligence Enterprise Edition?

A) Metadata Repository and BI Presentation Services Catalog
B) Information PowerCenter Servicer, and Informatics Repository
C) Functional Setup Manager and Configuration Manager
D) Oracle Business Analytics Warehouse and Oracle BI Presentation Services
E) Oracle BI Server and OLIP data source

Solutions: