Oracle 1Z0-508 : Oracle Fusion Financials 11g General Ledger Essentials

  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: May 28, 2026
  • Q & A: 127 Questions and Answers

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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


2. XYZ Company has two departments: Marketing and Finance. The Finance Department has two Functional divisions: receivables and payables. Select the flow for establishing hierarchy.

A) Hierarchy between the organization and its departments, and between the departments and their respective functional divisions
B) Hierarchy between functional divisions only
C) hierarchy between the organization and its departments and functional divisions only
D) Hierarchy between departments only


3. What are the two functions that Oracle Fusion Approvals Management (AMX) merges to approve journal flow?

A) Oracle Approvals Management (AME)
B) Oracle PeopleSoft Approvals (AWE)
C) Oracle Workflow
D) Business Process Execution Language (BPEL)


4. Where do end users modify preferences, such as time zone, delivery devices and delivery profile?

A) My Scorecards
B) My Account dialog box
C) My Reports
D) My Dashboard page
E) My Agents


5. Identify three tasks that can be performed using the General Accounting Dashboard.

A) Pay invoices to a contractor.
B) Pay invoices to a supplier.
C) Take immediate action and drill down to uncover more detailed information.
D) Get a high level view of the state of a department.
E) Receive instant visibility of transaction statuses.
F) Configure user responsibilities.


Solutions:

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

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