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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

2. In Oracle Fusion Applications, a calendar can only have ___________.

A) Multiple period types
B) Multiple period frequencies and period types
C) Multiple period frequencies
D) Oneperiod frequency and period type

3. The reconciliation report shows the Entered or transaction amount of the accounting entries booked to the intercompany receivables and payables accounts for___________.

A) A pair of provider and receiver legal entities
B) Business segment only
C) A provider only
D) A legal entity only

4. A company has the second and third balancing segment enabled for its chart of accounts, and the journal is balanced by the primary balancing segment but is out of balance by the second and third balancing segment. This is an example of ____________.

A) Segment qualifier
B) Chart of Account Rule
C) Balancing Segment Rule
D) Chart Account Balancing Rule

5. Event classes are transaction types used to group____________.

A) Event Models
B) Event Types
C) Journal Rule Sets
D) Event Entities
E) Process Categories

Solutions: