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

  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: Sep 02, 2025
  • Q&As: 127 Questions and Answers

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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


2. A user wants to enter a multiple currency journal in the General Ledger. What must the user do to see the conversion rate type, conversion date, and conversion rate columns?

A) At the Journal Header level, select a blank value in the currency field.
B) At the Journal line level, select a blank value in the currency field.
C) At the Journal line level, accept the default value in the currency field.
D) At the Journal Header level, accept the default value in the currency field.


3. A company has three divisions: a U.S. division that covers the U.S. locations, a European division that covers U.K. and France, and a Middle East division that covers Saudi Arabia and U.A.E. All the divisions have their own employees. Choose how many Ledgers and Legal Entities the company Needs.

A) Two ledger and two Legal Entities
B) One ledger and one Legal Entity
C) Three Ledger and three Legal Entities
D) One Ledger and three Legal Entities


4. Choose the three interfaces that integrate with SmartView to view, import, manipulate, distribute and share data.

A) Microsoft PowerPoint
B) Microsoft Access
C) Microsoft Excel
D) Microsoft Notes
E) Microsoft Word


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

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


Solutions:

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

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