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

1Z0-508 real exams

Exam Code: 1Z0-508

Exam Name: Oracle Fusion Financials 11g General Ledger Essentials

Updated: May 11, 2024

Q & A: 127 Questions and Answers

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Identify the option that needs to be selected at the header level when assigning a header level subledger Journal Rule Set.

A) Description
B) Currency
C) Ledger
D) Accounting Date
E) Supporting Reference


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

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


3. After submitting the journal for approval, you realize the department value in journal is incorrect.
How do you correct the value?

A) Delete the journal and create a new journal.
B) Click the Withdraw Approval button on the journal page and edit the journal.
C) Reverse the journal and create a new journal.
D) Update the journal through a workflow.


4. Choose the two options that need to be enabled for Journal Approval.

A) Account
B) Batch level
C) Ledger level
D) Journal Source


5. Which tab is used in the journals Work region of the General Accounting Dashboard to identify journals that produce an error during the Posting Process or that are rejected in the approval flow?

A) Requiring Attention
B) Incomplete
C) Pending Approval Prom Others
D) Import Errors


Solutions:

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

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