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Oracle 1Z1-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Period Close Process | - Reconciliations and Adjustments - Financial Close Workflow - Period Open and Close Activities |
| Topic 2: Multi-Currency and Consolidation | - Currency Translation - Intercompany Accounting - Financial Consolidation Concepts |
| Topic 3: General Ledger Overview | - Chart of Accounts Structure - Ledger Concepts and Configuration - Oracle Fusion General Ledger Architecture |
| Topic 4: Reporting and Inquiry | - Account Analysis and Inquiry Tools - Financial Reporting Center - Financial Statements Generation |
| Topic 5: Journal Processing | - Journal Import and Posting - Recurring Journals - Manual Journal Entries |
| Topic 6: Accounting Setup and Configuration | - Subledger Accounting Configuration - Accounting Calendar Setup - Ledger and Currency Setup |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. Which report indicates if the accounting entries have been transferred to the Oracle Ledger when submitting the Create Accounting process?
A) Trial Balance - Detail
B) Create Accounting execution Report
C) Create Accounting Report
D) Journals - (132 Char)
2. Select the appropriate financial Reporting Center functionality that helps users to view, input, manipulate, distribute and share data from the General Ledger balances to Microsoft Excel.
A) Smart View
B) Financial Reporting Studio
C) Account Monitor and Account Inspector
D) Financial Reporting Workspace
3. Which three options tan you use from the Generate Allocations link to open the Submission page?
A) Print Output
B) Fax the output
C) Notification when this process ends
D) Automatically save it as an Excel file
E) E-mail the output
4. The Link Journal Lines option in a Journal Line Rule is set to "Copy from Corresponding Line."
What would this do?
A) copies the description from the debitline to the credit line
B) builds account for a journal line using segments from the offsetting entry of the current journal line
C) copies from a previous journal line
D) copies the accounted amount from a previous journal
E) copies the accounting dale from a previous journal
5. To open a period without going into the Setup and Maintenance work area you can maintain the period statuses of ledger from the ___________ work area.
A) Process Monitoring
B) Manage Revaluations
C) General Ledger Journals
D) Account Monitoring
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A,C,E | Question # 4 Answer: B | Question # 5 Answer: C |





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