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Oracle 1Z0-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: General Ledger Overview | - Chart of Accounts Structure - Ledger Concepts and Configuration - Oracle Fusion General Ledger Architecture |
| Topic 2: Period Close Process | - Financial Close Workflow - Period Open and Close Activities - Reconciliations and Adjustments |
| Topic 3: Multi-Currency and Consolidation | - Currency Translation - Financial Consolidation Concepts - Intercompany Accounting |
| Topic 4: Reporting and Inquiry | - Financial Statements Generation - Account Analysis and Inquiry Tools - Financial Reporting Center |
| Topic 5: Accounting Setup and Configuration | - Accounting Calendar Setup - Ledger and Currency Setup - Subledger Accounting Configuration |
| Topic 6: Journal Processing | - Recurring Journals - Journal Import and Posting - Manual Journal Entries |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
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. Account Monitoring
- B. General Ledger Journals
- C. Process Monitoring
- D. Manage Revaluations
Correct Answer: B 🗳️
Explanation: Only visible for RealVCE members. You can sign-up / login (it's free).
Which is an example of embedded intelligence in the Fusion General Accounting Dashboard?
- A. setting notification thresholds in the Account Monitor view
- B. getting more detail on a balance by clicking the Show More button
- C. running a trial balance report to reconcile books
- D. moving the cursor over projected balances displays the impact a journal will have on accounts
Correct Answer: D 🗳️
Explanation: Only visible for RealVCE members. You can sign-up / login (it's free).
Oracle Business Intelligence Enterprise Edition (OBIEE) allows buttons to create, manage, and invoke the task functionality within the application. What framework is used to set them up?
- A. Application Development Framework (ADF)
- B. Security Framework
- C. Seed Data Framework (SDF)
- D. Action Framework
- E. Resource Description Framework (RDF)
Correct Answer: D 🗳️
Explanation: Only visible for RealVCE members. You can sign-up / login (it's free).
The company has four legal entities operating in US CA, US-NY, Canada and the UK. The chart of accounts and the accounting calendar are the same for US CA, US-NY and Canada but NOT for the UK.
How many ledgers are needed?
- A. three
- B. Two
- C. One
- D. Four
Correct Answer: B 🗳️
Explanation: Only visible for RealVCE members. You can sign-up / login (it's free).
Identify the business intelligence component that enables you to explore and interact with information by visually presenting data in tables, graphs, and pivot tables.
- A. Oracle Business Intelligence- Enterprise Edition
- B. Oracle Business Intelligence Applications
- C. BI Composer
- D. Oracle Transaction Business intelligence
- E. Analysis Editor
Correct Answer: C,E 🗳️
Explanation: Only visible for RealVCE members. You can sign-up / login (it's free).
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