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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

Question 1

An invoice with two lines is entered, later that day an adjustment is made to the invoice to add another line. At the end of the day, the invoice is sent to the Fusion Accounting Hub. How many events would you create?

A. Twoevents: one for invoice creation and one for the adjustment
B. Fourevents: one for invoice creation, one each for the two lines arid one for the adjustment
C. Oneeventforinvoice creation; adjustment happened before transaction sent to the Fusion Accounting Hub
D. Threeevents: one for invoice creation and two for line creation

Question 2

You have been given a task to update a calendar by adding a new period to it. What is the quickest way to perform this task?

A. The application automatically populates the next period.
B. Run the Other - Calendar Validation Report.
C. Manually add the periods.
D. Use the Add Year button.

Question 3

What are two reasons for using scorecards?

A. Gauges
B. an objective and its supporting child objectives
C. Assessment Mappings
D. Dimension Pinnings
E. KPIs are represented hierarchically

Question 4

Which is an example of embedded intelligence in the Fusion General Accounting Dashboard?

A. running a trial balance report to reconcile books
B. getting more detail on a balance by clicking the Show More button
C. moving the cursor over projected balances displays the impact a journal will have on accounts
D. setting notification thresholds in the Account Monitor view

Question 5

If you change the status of a tree structure, the status of the trees and tree versions associated with structure also change. Which three statuses apply to the tree structure?

A. Active
B. Inactive
C. Future
D. Pending
E. Draft

Solutions: