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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which task is NOT allowed when spreading data for time periods in Microsoft Excel?

A) spreading the value of a summary time period to its base time periods or to the first parent or first child of the parent time period
B) spreading values among children and parents proportionally, based on existing distribution
C) spreading values based on weekly distribution of a quarter, which could be 4-4-5, 5-4-4, or none
D) temporarily locking the values of certain cells while spreading data over time periods
E) spreading data in a summary time period that includes members and mixed currency types

2. Which view do you use to set parameters and define the data that is displayed in the SmartView report.

A) SmrtView
B) Point of View
C) SmartCube
D) SmartSlice

3. Which three objectives must be considered when designing the chart of accounts?

A) Provide less flexibility for management reporting and analysis.
B) Support the audit and control of financial transactions.
C) Select the segment qualifiers.
D) Effectively manage an organization's financial business.
E) Anticipate growth and maintenance needs because organizational changes occur

4. If you change the status of a tree structure, the status of the trees and tree versions associated with structure also change. Which three statuses apply to the tree structure?

A) Inactive
B) Active
C) Draft
D) Future
E) Pending

5. What are two reasons for using scorecards?

A) an objective and its supporting child objectives
B) KPIs are represented hierarchically
C) Dimension Pinnings
D) Assessment Mappings
E) Gauges

Solutions: