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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which task enables you to define the legal entities that are classified as intercompany organizations?

A) Define intercompany transactions.
B) Enter intercompany transactions.
C) Edit intercompany transactions.
D) Manage intercompany transactions.

2. Journal Approval has been enabled, however, the journal did NOT submit to the appropriate manager for approval. Which three additional steps must, be performed for the approval process to work?

A) Define approver authorization limits.
B) Enable customization.
C) Set up journal category to use journal approval.
D) Set up journal sources to use Journal approval.
E) Create an approval hierarchy.

3. After submitting the journal for approval, you realize the department value in journal is incorrect.
How do you correct the value?

A) Delete the journal and create a new journal.
B) Update the journal through a workflow.
C) Reverse the journal and create a new journal.
D) Click the Withdraw Approval button on the journal page and edit the journal.

4. A user wants to enter a multiple currency journal in the General Ledger. What must the user do to see the conversion rate type, conversion date, and conversion rate columns?

A) At the Journal Header level, select a blank value in the currency field.
B) At the Journal line level, accept the default value in the currency field.
C) At the Journal Header level, accept the default value in the currency field.
D) At the Journal line level, select a blank value in the currency field.

5. Choose the three interfaces that integrate with SmartView to view, import, manipulate, distribute and share data.

A) Microsoft Notes
B) Microsoft Word
C) Microsoft Access
D) Microsoft Excel
E) Microsoft PowerPoint

Solutions: