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Oracle 1Z1-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which components are used to perform ETL and prebuilt ETL logic while setting up Oracle Business Intelligence Enterprise Edition?

A) Oracle Business Analytics Warehouse and Oracle BI Presentation Services
B) Information PowerCenter Servicer, and Informatics Repository
C) Metadata Repository and BI Presentation Services Catalog
D) Oracle BI Server and OLIP data source
E) Functional Setup Manager and Configuration Manager

2. To set up the intercompany transaction using the Chart of Account rule, you will have to ___________.

A) specify the Chart of account intercompany receivables accounts, intercompany payables account the source and the category
B) specify the chart of account intercompany receivables and intercompany payables accounts
C) specify the chart of accounts intercompany payables only
D) specify the chart of account intercompany receivables only

3. To set up the intercompany transaction using the Chart of Account rule, you will have to ___________.

A) specify the chart of account intercompany receivables and intercompany payables accounts
B) specify the chart of account Intercompany receivables accounts, Intercompany payables accounts, the source and the category
C) specify the chart of accounts intercompany payables only
D) specify the account of account intercompany receivables only

4. You are required to enter the daily rates for currency conversion from British pound (GBP) to United States dollars (USD) each day. Which Excel add-in application do you use to load the daily rates?

A) Financial Reporting studio
B) SmartVIew
C) Application Development Framework Integration
D) Web ADI

5. Which method will reverse accruals in the next accounting period?

A) Create two events, one for accrual and another for the reversal.
B) Create one event and use the GL functionality to perform the reversal.
C) Create one event and use the Accounting Reversal attribute.
D) Create one entry and use Accrual Reversal GL Date.

Solutions: