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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which two locations display reports and folders that you have been granted access to based on your role, but have NOT created?

A) My Report
B) Analyzer
C) Shared Folders
D) My folders
E) Catalog

2. Select the key performance indicator (KPI) that provides a trend of the cost of an item as part of Gross Margin Analysis

A) Inventory Value KPI
B) Item Cost KPI
C) Value Trends KPI
D) Gross Margins KPI

3. The Link Journal Lines option in a Journal Line Rule is set to "Copy from Corresponding Line."
What would this do?

A) builds account for a journal line using segments from the offsetting entry of the current journal line
B) copies the accounting dale from a previous journal
C) copies the accounted amount from a previous journal
D) copies from a previous journal line
E) copies the description from the debitline to the credit line

4. Which three actions can you perform on subledger journal entities?

A) Complete
B) Finish
C) Close
D) Incomplete
E) Reverse
F) Duplicate

5. Which statement about intercompany balancing is INCORRECT?

A) Intercompany balancingisused to track intercompany duo to/due from balances by identifying the specific trading company.
B) Segment values can be assigned more than once within your chart of account.
C) Segment values can be assigned only once within your chart of account.
D) Intercompany balancing is used to balance transactions by an additional dimension beyond the primary segment.
E) The intercompany qualified segment can NOT be set with any of the three balancing segment qualifiers.

Solutions: