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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

Question 1

A client is implementing Fusion Accounting Hub for their external receivable system. The external system sends invoices billed and cash receipts in a flat file along with the customer classification Information. The client wants the accounting amounts to be tracked by customer classification, but NOT necessarily in a Chart of Accounts segment. How can this be solved?

A. Use supporting references to capture customer classification.
B. Use Open account balances listing.
C. Capture it as a source and develop custom report.
D. Change the Chart of Accounts structure to include customer classification; there is no other option.
E. Use the Third Party control account feature.

Question 2

How is an online ad hoc pivot table created?

A. Export to Microsoft Excel to perform data manipulation
B. Use the Location feature
C. Use Online Analyzer, if granted access by an administrator
D. Use Style Templates
E. Use the input parameters feature online

Question 3

A database connection can be changed when moving from a development environment server to a production environment server. Identify the reason for the error message "1012: Report contains an Invalid grid. The following dimensions could not be found: Measures."

A. Opening or running the reports or books for an INVALID database connection
B. Dimensions do NOT match a specific report in the book
C. Dimensions in the changed database connections do NOT match the previous dimensions
D. Dimensions existed in the old database connection, but NOT in the new database connection

Question 4

Which is an INCORRECT Function for Fusion intercompany?

A. You can use a simple setup in which you define one rule for your chart of accounts.
B. Intercompany enables you to have a more granular set of rules.
C. You do NOT have the functionality to define rules for specific Journal and category combinations for intercompany transaction types.
D. The rule defined in intercompany canbe used for all intercompany balancing of all ledgers that use the same chart of accounts.

Question 5

Identify the two INVALID output options for batch bursting.

A. HTML & MHTML
B. Snapshot Reports
C. Output to Printer
D. PDF files
E. Books

Solutions: