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Oracle 1Z1-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Multi-Currency and Consolidation | - Currency Translation - Financial Consolidation Concepts - Intercompany Accounting |
| Topic 2: Journal Processing | - Recurring Journals - Manual Journal Entries - Journal Import and Posting |
| Topic 3: Period Close Process | - Period Open and Close Activities - Financial Close Workflow - Reconciliations and Adjustments |
| Topic 4: General Ledger Overview | - Chart of Accounts Structure - Ledger Concepts and Configuration - Oracle Fusion General Ledger Architecture |
| Topic 5: Accounting Setup and Configuration | - Ledger and Currency Setup - Subledger Accounting Configuration - Accounting Calendar Setup |
| Topic 6: Reporting and Inquiry | - Financial Statements Generation - Account Analysis and Inquiry Tools - Financial Reporting Center |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
What is the best view or tool to use it you need to quickly perform an ad hoc ledger query that drill down to in a web view?
- A. Account Inspector
- B. Account Monitoring
- C. Oracle Hyperion Smart View
- D. Oracle Hyperion Financial Reporting Studio
Correct Answer: A 🗳️
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Why would an end user use BI Composer?
- A. To set a specific set of dimension values
- B. To restrict user access only to the data for which they are authorized
- C. To export report, KPI and analysis prompt values and data as PDF, MHTML, XLS and CVS files.
- D. To bundletheentire catalog, specific folders, or multi component objects for archiving
- E. To leverage a wizard to create, edit orview analyses outside of the Analysis Editor
Correct Answer: E 🗳️
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The lowest level of granularity at which a journal entry rule set can be assigned is_____________.
- A. Journal line Rules
- B. Event Entities
- C. Event Types
- D. Event Classes
- E. Events
Correct Answer: D 🗳️
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What metric values are available on the General Ledger Dashboard?
- A. Schedule Compliance, Target Attainment, Service Level
- B. Cost of Goods Sold, Return on Equity
- C. Price Yield, Win-Loss Ratio, Campaign Performance
- D. Profit Centers, Period of Time, Cost Centers, Expenses Budgets versus
Correct Answer: D 🗳️
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. Manage Revaluations
- B. Account Monitoring
- C. General Ledger Journals
- D. Process Monitoring
Correct Answer: C 🗳️
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