Oracle Fusion Financials 11g General Ledger Essentials : 1Z1-508

Exam Code: 1Z1-508

Exam Name: Oracle Fusion Financials 11g General Ledger Essentials

Updated: Jun 17, 2026

Q & A: 127 Questions and Answers

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About Oracle Fusion Financials 11g General Ledger Essentials : 1Z1-508 Exam

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1Z1-508 exam dumps

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which attribute does NOT need to be considered when creating intercompany transaction?

A) Legal Entity
B) Default Transaction Type
C) Default Organization contact
D) Receivables and Payables Business Units


2. Where do end users modify preferences, such as time zone, delivery devices and delivery profile?

A) My Dashboard page
B) My Agents
C) My Scorecards
D) My Reports
E) My Account dialog box


3. What is the most efficient way to add a new year to the accounting calendar?

A) Add the periods manually.
B) Run the Other - Calendar Validation Report.
C) Use the Add Year button.
D) The application automatically populates the next period.


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

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


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

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


Solutions:

Question # 1
Answer: C
Question # 2
Answer: E
Question # 3
Answer: C
Question # 4
Answer: A
Question # 5
Answer: D

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