1Z0-508 Exam Questions & Answers

Exam Code: 1Z0-508

Exam Name: Oracle Fusion Financials 11g General Ledger Essentials

Updated: Mar 20, 2024

Q&As: 127

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Practice These Free Questions and Answers to Pass the Oracle Applications Exam

Questions 1

Choose four applications for which SmartView provides a common Microsoft Office interface.

A. Oracle Hyperion Financial Management, Fusion Edition

B. Oracle Hyperion Planning, Fusion Edition

C. Oracle E-Business Suite Release 11g

D. Oracle Enterprise Performance Management Workspace, Fusion Edition

E. Oracle Business Intelligence Enterprise Edition

F. Oracle Essbase

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Questions 2

How do you identify errors in the accounting calendar?

A. Run the Create Accounting Process.

B. A calendar with errors can NOT be saved.

C. Run the Transaction Calendar Concurrent Process.

D. An error messageisdisplayed when you enter a new calendar or change data on an existing calendar

Show Answer
Questions 3

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

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Questions 4

Which statement about intercompany balancing is INCORRECT?

A. Intercompany balancing is used to balance transactions by an additional dimension beyond the primary segment.

B. Intercompany balancingisused to track intercompany duo to/due from balances by identifying the specific trading company.

C. The intercompany qualified segment can NOT be set with any of the three balancing segment qualifiers.

D. Segment values can be assigned more than once within your chart of account.

E. Segment values can be assigned only once within your chart of account.

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Questions 5

What are two reasons for using scorecards?

A. KPIs are represented hierarchically

B. an objective and its supporting child objectives

C. Dimension Pinnings

D. Assessment Mappings

E. Gauges

Show Answer

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