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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. What metric values are available on the General Ledger Dashboard?

A) Cost of Goods Sold, Return on Equity
B) Price Yield, Win-Loss Ratio, Campaign Performance
C) Schedule Compliance, Target Attainment, Service Level
D) Profit Centers, Period of Time, Cost Centers, Expenses Budgets versus

2. Identify the valid data source where key Figure Manager is used for Financial Reporting.

A) Financial Management
B) Planning
C) SAP BW
D) MSOLAP
E) EssBase

3. XYZ Company has two departments: Marketing and Finance. The Finance Department has two Functional divisions: receivables and payables. Select the flow for establishing hierarchy.

A) Hierarchy between functional divisions only
B) hierarchy between the organization and its departments and functional divisions only
C) Hierarchy between departments only
D) Hierarchy between the organization and its departments, and between the departments and their respective functional divisions

4. Account Rules are specific to ____________.

A) Accounting methods
B) Event Types
C) Subledger application
D) Journal Rule sets
E) Event Classes

5. Oracle Fusion Accounting Hub is integrated with Oracle Hyperion Data Relationship Management Fusion Edition. What are two primary purposes of this functionality?

A) ability to download very large amounts of data
B) accurately reflects the accounting rules
C) ability to maintain charts of accounts values and hierarchies in one central location
D) stores the identifier for the transaction in the transaction table
E) a master data management solution for creating and maintaining hierarchies across an enterprise

Solutions: