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

1Z1-508 real exams

Exam Code: 1Z1-508

Exam Name: Oracle Fusion Financials 11g General Ledger Essentials

Updated: May 26, 2026

Q & A: 127 Questions and Answers

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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


2. Choose the two Oracle Hyperion Reporting and Analysis products and artifacts, that can be imported into financial Reporting.

A) Dynamic Report (* .des)
B) Books. (*.kbk)
C) Snapshot Reports (*.rpt)
D) Impact Manage Transformation Scripts (*. Js)


3. What is the best view or tool to use it you need to quickly perform an ad hoc ledger query that drill down to in a web view?

A) Oracle Hyperion Financial Reporting Studio
B) Oracle Hyperion Smart View
C) Account Inspector
D) Account Monitoring


4. The company has four legal entities operating in US CA, US-NY, Canada and the UK. The chart of accounts and the accounting calendar are the same for US CA, US-NY and Canada but NOT for the UK.
How many ledgers are needed?

A) One
B) Four
C) three
D) Two


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

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


Solutions:

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

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