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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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

2. An invoice with two lines is entered, later that day an adjustment is made to the invoice to add another line. At the end of the day, the invoice is sent to the Fusion Accounting Hub. How many events would you create?

A) Oneeventforinvoice creation; adjustment happened before transaction sent to the Fusion Accounting Hub
B) Twoevents: one for invoice creation and one for the adjustment
C) Threeevents: one for invoice creation and two for line creation
D) Fourevents: one for invoice creation, one each for the two lines arid one for the adjustment

3. At which two levels do you need to enable the approval process you start defining it?

A) Category
B) Ledger
C) Source
D) Journal

4. The lowest level of granularity at which a journal entry rule set can be assigned is_____________.

A) Event Types
B) Events
C) Event Entities
D) Event Classes
E) Journal line Rules

5. A customer is trying to build dynamic reports in Fusion Financial Reporting. What are two recommendations?

A) Create reusable objects and row and column templates.
B) Use Function on expanded data segments that are NOT placed on separate rows or columns.
C) Use multiple data segments for formatting or calculating.
D) Use cell formulas to write efficient formulas rather than row or column formulas.

Solutions: