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Oracle 1Z1-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Accounting Setup and Configuration | - Subledger Accounting Configuration - Accounting Calendar Setup - Ledger and Currency Setup |
| Topic 2: Journal Processing | - Manual Journal Entries - Recurring Journals - Journal Import and Posting |
| Topic 3: Reporting and Inquiry | - Financial Statements Generation - Financial Reporting Center - Account Analysis and Inquiry Tools |
| Topic 4: General Ledger Overview | - Oracle Fusion General Ledger Architecture - Chart of Accounts Structure - Ledger Concepts and Configuration |
| Topic 5: Multi-Currency and Consolidation | - Intercompany Accounting - Financial Consolidation Concepts - Currency Translation |
| Topic 6: Period Close Process | - Period Open and Close Activities - Financial Close Workflow - Reconciliations and Adjustments |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. Which task enables you to define the legal entities that are classified as intercompany organizations?
A) Manage intercompany transactions.
B) Enter intercompany transactions.
C) Edit intercompany transactions.
D) Define intercompany transactions.
2. What metric values are available on the General Ledger Dashboard?
A) Schedule Compliance, Target Attainment, Service Level
B) Price Yield, Win-Loss Ratio, Campaign Performance
C) Profit Centers, Period of Time, Cost Centers, Expenses Budgets versus
D) Cost of Goods Sold, Return on Equity
3. How can data from a Chart of Accounts instance be viewed in Oracle Business Intelligence?
A) Select the Enable for Implementation check box.
B) Use the Migrate Oracle Fusion Financials function within the Setup and Maintenance work area.
C) Enable the offerings in the Manage BI Applications dialog box.
D) Data is automatically available in Oracle Business intelligence through the transaction tables and cubes.
E) Select the Business Intelligence check box for the Chart of AccountsInstance.
4. Identify the valid data source where key Figure Manager is used for Financial Reporting.
A) EssBase
B) Financial Management
C) Planning
D) MSOLAP
E) SAP BW
5. Where do you perform real-time, ad hoc queries from a data warehouse?
A) Account Monitory and Account Inspector
B) Oracle Transaction Business Intelligence
C) Oracle Business Intelligence Analytics
D) General Accounting and Journals dashboards
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: E | Question # 5 Answer: A |


