1Z0-508 exam dumps

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  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • No. of Questions: 127 Questions and Answers
  • Updated: May 31, 2026

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Yon have entered a journal and your supervisor is asking for the current account balance and what the future account balance will be after the journal is approved and posted. How will you get this information?

A) Run the Journals- (132 Char) Report.
B) Run Trial Balance.
C) View the Projected Balances Region on the Create Journal page
D) View the Account Inquiry window


2. Identify the business intelligence component that enables you to explore and interact with information by visually presenting data in tables, graphs, and pivot tables.

A) Oracle Business Intelligence Applications
B) Oracle Transaction Business intelligence
C) Analysis Editor
D) BI Composer
E) Oracle Business Intelligence- Enterprise Edition


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

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


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


5. Which report indicates if the accounting entries have been transferred to the Oracle Ledger when submitting the Create Accounting process?

A) Trial Balance - Detail
B) Create Accounting execution Report
C) Create Accounting Report
D) Journals - (132 Char)


Solutions:

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

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