Oracle 1Z0-508 Actual PDF : Oracle Fusion Financials 11g General Ledger Essentials

Oracle 1Z0-508 Actual PDF
  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: Jul 26, 2026
  • Q & A: 127 Questions and Answers
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Oracle 1Z0-508 Exam Syllabus Topics:

SectionObjectives
General Ledger Setup- Ledger configuration and setup
- Chart of Accounts structure
- Currency and calendar setup
Reporting- Standard and ad-hoc reporting
- Financial statements generation
Security and Access Control- Ledger security rules
- Role-based access control
Journal Processing- Recurring journals and allocations
- Creating and managing journals
- Journal approval workflows
Ledger and Accounting Processes- Accounting calendar periods
- Posting journals to ledger
- Period close process

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) Oracle Hyperion Smart View
B) Account Inspector
C) Oracle Hyperion Financial Reporting Studio
D) Account Monitoring


2. Identify the two valid EPM Workspace features that designers incorporate into Books to enable viewers perform tasks.

A) Prompt
B) User POV
C) Email inks
D) Related Content
E) XML, HTML & PDF


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

A) Oracle Hyperion Financial Management, Fusion Edition
B) Oracle Enterprise Performance Management Workspace, Fusion Edition
C) Oracle Hyperion Planning, Fusion Edition
D) Oracle E-Business Suite Release 11g
E) Oracle Essbase
F) Oracle Business Intelligence Enterprise Edition


4. How do you identify errors in the accounting calendar?

A) Run the Transaction Calendar Concurrent Process.
B) A calendar with errors can NOT be saved.
C) Run the Create Accounting Process.
D) An error messageisdisplayed when you enter a new calendar or change data on an existing calendar


5. A Client has a sales region the East coast and one on the West coast. The East coast sales region wants data analyzed for only their region.
Which tool should be used?

A) SmartSlice
B) SmartView
C) Web ADI
D) SmartCube


Solutions:

Question # 1
Answer: B
Question # 2
Answer: A,B
Question # 3
Answer: A,B,C,F
Question # 4
Answer: B
Question # 5
Answer: A

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