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

Oracle 1Z1-508 test insides dumps
  • Exam Code: 1Z1-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: May 27, 2026
  • Q & A: 127 Questions and Answers
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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Identify two INVALID features of POV in Financial Reporting Studio.

A) All POVs allow a single member to be set for a dimension.
B) To identify that a dimension is set for grid POV, text row foot note should be added for a gridPOV for a dimension.
C) Multiple grids cannot be Included in a report.
D) POV book is specific to any report or grid object in report in that book.
E) A memberselection function with CurrentPOV as the member parameter changes to a User POV when members are selected from a row, column or page axis on a grid.


2. What can be used to restrict the events selected for accounting when users submit the Accounting Process?

A) Journal Line Types
B) Event Types
C) EventClasses
D) Process Category
E) Batch Name


3. Journal approval in Oracle Fusion Applications uses Oracle Fusion Approvals Management (AMX) to build approvals. Which AMX builder method is most effective when the General Accountant enters the journals for approval?

A) Approval Group
B) Human Resources (HK) Supervisory
C) Position
D) Job level


4. 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


5. In Oracle Fusion, you can NOT edit the period after it is set to ____________.

A) Open or Enterable
B) Closed
C) Pending Closed
D) Open


Solutions:

Question # 1
Answer: B,D
Question # 2
Answer: D
Question # 3
Answer: B
Question # 4
Answer: C
Question # 5
Answer: B

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