Oracle 1Z1-508 Q&A - in .pdf

  • 1Z1-508 pdf
  • Exam Code: 1Z1-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: Aug 08, 2026
  • Q & A: 127 Questions and Answers
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  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
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  • Updated: Aug 08, 2026
  • Q & A: 127 Questions and Answers
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Oracle 1Z1-508 Q&A - Testing Engine

  • 1Z1-508 Testing Engine
  • Exam Code: 1Z1-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: Aug 08, 2026
  • Q & A: 127 Questions and Answers
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Oracle 1Z1-508 Exam Syllabus Topics:

SectionObjectives
General Ledger Overview- Ledger Concepts and Configuration
- Oracle Fusion General Ledger Architecture
- Chart of Accounts Structure
Multi-Currency and Consolidation- Intercompany Accounting
- Financial Consolidation Concepts
- Currency Translation
Period Close Process- Financial Close Workflow
- Period Open and Close Activities
- Reconciliations and Adjustments
Reporting and Inquiry- Account Analysis and Inquiry Tools
- Financial Statements Generation
- Financial Reporting Center
Accounting Setup and Configuration- Ledger and Currency Setup
- Accounting Calendar Setup
- Subledger Accounting Configuration
Journal Processing- Manual Journal Entries
- Recurring Journals
- Journal Import and Posting

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Identify two correct behaviors of conditional suppression of rows and columns.

A) If only some of the cells in a row or column meet the criteria specified for conditional suppression, the row or column is hidden.
B) The calculation does NOT consider suppressed rows.
C) When the Hide Always chock box is selected for a row or column, you can ignore the values and calculations in hidden rows and columns.
D) If an entire row or column meets the criteria specified for conditional suppression, the entire row or column is hidden.


2. Which three rule types are used to build an account rule?

A) System Transaction Identifiers
B) Segment
C) Account Combination
D) Value Set
E) Mapping Set


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


4. When you use allocations, revaluation, or translation to define and maintain your period close component, which three tasks should you perform under the Define Period Close Components parent task in your implementation project?

A) Manage Historical Rates.
B) Manage Allocations and Period Entries.
C) Manage Revaluations.
D) Manage intercompany Settlements.
E) Manage General Accounting Dashboard.


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

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


Solutions:

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

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