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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. The Link Journal Lines option in a Journal Line Rule is set to "Copy from Corresponding Line."
What would this do?

A) copies from a previous journal line
B) copies the accounted amount from a previous journal
C) copies the accounting dale from a previous journal
D) builds account for a journal line using segments from the offsetting entry of the current journal line
E) copies the description from the debitline to the credit line

2. Which attribute does NOT need to be considered when creating intercompany transaction?

A) Legal Entity
B) Default Organization contact
C) Receivables and Payables Business Units
D) Default Transaction Type

3. When you use allocations, revaluation, or translation to define and maintain your period close component, which three tasks should you perform under the Define Period Close Components parent task in your implementation project?

A) Manage Revaluations.
B) Manage intercompany Settlements.
C) Manage Allocations and Period Entries.
D) Manage Historical Rates.
E) Manage General Accounting Dashboard.

4. In Oracle Fusion, you can NOT edit the period after it is set to ____________.

A) Pending Closed
B) Open
C) Closed
D) Open or Enterable

5. Identify the two valid EPM Workspace features that designers incorporate into Books to enable viewers perform tasks.

A) Related Content
B) XML, HTML & PDF
C) User POV
D) Email inks
E) Prompt

Solutions: