Oracle 1Z1-508 : Oracle Fusion Financials 11g General Ledger Essentials

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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. 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) Oracle Hyperion Smart View
C) Account Monitoring
D) Oracle Hyperion Financial Reporting Studio

2. Which view do you use to set parameters and define the data that is displayed in the SmartView report.

A) SmartCube
B) Point of View
C) SmrtView
D) SmartSlice

3. Transactions may involve multiple currencies that require a common currency to make the reports meaningful. What are the amounts Oracle Business Analytics Warehouse uses to store currency?

A) Currency Symbol, Currency Name
B) Report Currency
C) Currency Code, Currency Name
D) Global Currency (two common currencies), Document Currency,Local Currency

4. Journal Approval has been enabled, however, the journal did NOT submit to the appropriate manager for approval. Which three additional steps must, be performed for the approval process to work?

A) Set up journal category to use journal approval.
B) Set up journal sources to use Journal approval.
C) Define approver authorization limits.
D) Create an approval hierarchy.
E) Enable customization.

5. Changing a Fusion Intercompany system option would______________.

A) be effective on transactions in progress
B) take effect only on new transactions going forward
C) take effect on new, existing, and transactions in progress
D) will be retroactive and include historical transactions
E) impact both new and transactions in progress

Solutions: