Study with 1Z1-508 Actual Test Questions
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Updated: Aug 14, 2026
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Oracle 1Z1-508 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Fusion Financials 11g General Ledger Essentials |
| Exam Number: | 1Z0-508 |
| Related Certifications: | Oracle Fusion Financials Cloud Certification Oracle Financials Cloud: General Ledger |
| Available Languages: | English |
| Recommended Training: | Oracle Learning Explorer |
| Exam Registration: | Pearson VUE Oracle Exams Oracle Certification Portal |
| Sample Questions: | Oracle 1Z1-508 Sample Questions |
| Exam Way: | Computer-based exam delivered via Pearson VUE or Oracle testing platform (availability may vary by region). |
| Pre Condition: | Recommended knowledge of accounting principles and Oracle Fusion Financials fundamentals. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Multi-Currency and Consolidation | - Financial Consolidation Concepts - Currency Translation - Intercompany Accounting |
| Topic 2: Journal Processing | - Journal Import and Posting - Recurring Journals - Manual Journal Entries |
| Topic 3: Reporting and Inquiry | - Financial Statements Generation - Financial Reporting Center - Account Analysis and Inquiry Tools |
| Topic 4: General Ledger Overview | - Ledger Concepts and Configuration - Chart of Accounts Structure - Oracle Fusion General Ledger Architecture |
| Topic 5: Accounting Setup and Configuration | - Ledger and Currency Setup - Accounting Calendar Setup - Subledger Accounting Configuration |
| Topic 6: Period Close Process | - Financial Close Workflow - Reconciliations and Adjustments - Period Open and Close Activities |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. Identify two correct behaviors of conditional suppression of rows and columns.
A) The calculation does NOT consider suppressed rows.
B) If an entire row or column meets the criteria specified for conditional suppression, the entire row or column is hidden.
C) If only some of the cells in a row or column meet the criteria specified for conditional suppression, the row or column is hidden.
D) When the Hide Always chock box is selected for a row or column, you can ignore the values and calculations in hidden rows and columns.
2. How do you represent the Chart of Account Segments in SmartView technology?
A) Members
B) Dimensions
C) Grid POV
D) User POV
3. You are required to enter the daily rates for currency conversion from British pound (GBP) to United States dollars (USD) each day. Which Excel add-in application do you use to load the daily rates?
A) Financial Reporting Studio
B) Application Development Framework Integration
C) SmartView
D) Web ADI
4. 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) Draft
C) Active
D) Inactive
E) Future
5. Which three options tan you use from the Generate Allocations link to open the Submission page?
A) Notification when this process ends
B) E-mail the output
C) Automatically save it as an Excel file
D) Fax the output
E) Print Output
Solutions:
| Question # 1 Answer: B,D | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: B,C,D | Question # 5 Answer: A,B,E |
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