Oracle 1Z0-508 Q&A - in .pdf

  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: Aug 18, 2026
  • Q & A: 127 Questions and Answers
  • Printable Oracle 1Z0-508 PDF Format. It is an electronic file format regardless of the operating system platform.
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Oracle 1Z0-508 Q&A - Testing Engine

  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: Aug 18, 2026
  • Q & A: 127 Questions and Answers
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Free Download 1Z0-508 Actual tests

Oracle 1Z0-508 Exam Syllabus Topics:

SectionObjectives
Topic 1: Journal Processing- Creating and managing journals
- Recurring journals and allocations
- Journal approval workflows
Topic 2: Ledger and Accounting Processes- Period close process
- Posting journals to ledger
- Accounting calendar periods
Topic 3: Reporting- Standard and ad-hoc reporting
- Financial statements generation
Topic 4: General Ledger Setup- Currency and calendar setup
- Ledger configuration and setup
- Chart of Accounts structure
Topic 5: Security and Access Control- Ledger security rules
- Role-based access control

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

A) 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.
B) POV book is specific to any report or grid object in report in that book.
C) All POVs allow a single member to be set for a dimension.
D) Multiple grids cannot be Included in a report.
E) To identify that a dimension is set for grid POV, text row foot note should be added for a gridPOV for a dimension.


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

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


3. A company has different methods of inventory valuation. What would be the best way of capturing this in the Fusion Accounting Hub?

A) Account Derivation Rules
B) Journal Line Types
C) Adjustments in the General Ledger
D) Secondary Valuation method


4. Which keyboard shortcut is used to navigate to Focus Annotations Area Control?

A) Ctrl + B
B) Ctrl + Y
C) Ctrl+ L
D) Ctrl + F
E) Ctrl + G


5. Identify the valid data source where key Figure Manager is used for Financial Reporting.

A) Financial Management
B) MSOLAP
C) SAP BW
D) EssBase
E) Planning


Solutions:

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

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