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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. When configuring the allocation and periodic entries, which three tasks must be completed before generating the entries?

A) The journal balances for the allocation or periodic rules are entered and posted in the proper period.
B) The rules or rules sets have been defined, validated and deployed successfully from the Allocation Manager.
C) The period is set to Open or Future Enterable
D) The period is set to Open, Never Open or Future Enterable.
E) The period is set to Closed, Never Open or Future Enterable.

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

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

3. You have created allocution and periodic journal entry definitions for several monthly entries. You are now ready to generate allocation entries. Which task must be completed before generating the allocation and periodic entries?

A) Enter and post the journal balances for Mass Allocation in the Close period.
B) Set the period to Close or Open.
C) Manually set the last day of the submission period as the Accounting Date and Calculation effective Date.
D) Define, validate and deploy the rules or rule sets successfully from Allocation Manager.

4. To update an intercompany calendar, the calendar status must be in a(n)__________.

A) Newer Open or Closed Period
B) Open Period
C) Pending Close Period
D) Final Closed Period

5. Identify the set up that needs to be completed before you can use cubes.

A) Ledger
B) Report Builder
C) FSG
D) Microsoft Office

Solutions: