OFFER Free Oracle 1Z0-508 PDF and VCE Exam Dumps
Exam Code: 1Z0-508
Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
Yon have entered a journal and your supervisor is asking for the current account balance and what the future account balance will be after the journal is approved and posted. How will you get this information?
A. Run Trial Balance.
B. Run the Journals- (132 Char) Report.
C. View the Projected Balances Region on the Create Journal page
D. View the Account Inquiry window
In Oracle Fusion Applications, a calendar can only have ___________.
A. One period frequency and period type
B. Multiple period frequencies
C. Multiple period types
D. Multiple period frequencies and period types
Transactions may involve multiple currencies that require a common currency to make the reports meaningful. What are the amounts Oracle Business Analytics Warehouse uses to store currency?
A. Global Currency (two common currencies), Document Currency, Local Currency
B. Currency Code, Currency Name
C. Currency Symbol, Currency Name
D. Report Currency
What is the primary source of data that is used for the Financial Reporting Center?
A. data from the balances cubes and dimensions contained in the chart of account segments
B. transaction tables
C. defined dimensions for journals
D. the Code Combinations table
The Receivables and Payables accounts that are automatically generated by intercompany transactions use rules and attributes in what order?
A. Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules; Chart of Account Rules
B. Ledger entity Level Rules; ledger Level Rules; Chart of Account Rules; Primary Balancing Segment Rules
C. Chart of Account Rules; Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules
D. Ledger Level Rules; Primary Balancing Segment Rules; Ledger Entity Level Rules; Chart of Accounts Rules
E. Chart of Account Rules; Ledger Entity Level Rules, Primary Balancing Segment Rules; Ledger Level Rules
Where do actions that are configured for execution in the Action Framework appear in Oracle Business intelligence Enterprise Edition?
A. In the Oracle BI EE Global Header section
B. In the Analysis, Dashboards, Agents, KPIs, and scorecard objectives sections (standard and mobile)
C. In the MY Favorite region
D. through OBIEE Mobile
Select the key performance indicator (KPI) that provides a trend of the cost of an item as part of Gross Margin Analysis
A. Item Cost KPI
B. Value Trends KPI
C. Gross Margins KPI
D. Inventory Value KPI
Choose the four steps required to create and use the chart of accounts.
A. Create Value Sets.
B. Create Chart of Accounts Structure.
C. Create Chart of Accounts Structure Instance.
D. Create Value Set Values.
E. Create Account Hierarchies.
F. Publish Account Hierarchies.
Which view do you use to set parameters and define the data that is displayed in the SmartView report.
C. Point of View
Fusion Accounting Hub includes Hyperion Data Management, which can be used for_______________.
A. Chart of Accounts Hierarchy maintenance
B. the maintenance of Trading Community Data
C. Chart of Accounts Master Data maintenance
D. data access and security
E. data modeling
Account Rules are specific to ____________.
A. Subledger application
B. Event Classes
C. Event Types
D. Accounting methods
E. Journal Rule sets
Which method will reverse accruals in the next accounting period?
A. Create two events, one for accrual and another for the reversal.
B. Create one entry and use Accrual Reversal GL Date.
C. Create one event and use the Accounting Reversal attribute.
D. Create one event and use the GL functionality to perform the reversal.
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