Oracle Fusion Financials 11g General Ledger Essentials : 1Z1-508

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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which three ledgers can be viewed from the Close Status work region of the General Accounting Dashboard?

A) Ledger Set
B) Single Ledger
C) Level ledger update
D) Currency Ledgers
E) Debit ledgers
F) Related ledgers

2. 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) Pending
B) Future
C) Active
D) Draft
E) Inactive

3. Choose the three interfaces that integrate with SmartView to view, import, manipulate, distribute and share data.

A) Microsoft PowerPoint
B) Microsoft Access
C) Microsoft Excel
D) Microsoft Notes
E) Microsoft Word

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

5. Which task is NOT allowed when spreading data for time periods in Microsoft Excel?

A) spreading data in a summary time period that includes members and mixed currency types
B) temporarily locking the values of certain cells while spreading data over time periods
C) spreading values based on weekly distribution of a quarter, which could be 4-4-5, 5-4-4, or none
D) spreading the value of a summary time period to its base time periods or to the first parent or first child of the parent time period
E) spreading values among children and parents proportionally, based on existing distribution

Solutions: