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

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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. A database connection can be changed when moving from a development environment server to a production environment server. Identify the reason for the error message "1012: Report contains an Invalid grid. The following dimensions could not be found: Measures."

A) Dimensions do NOT match a specific report in the book
B) Dimensions existed in the old database connection, but NOT in the new database connection
C) Dimensions in the changed database connections do NOT match the previous dimensions
D) Opening or running the reports or books for an INVALID database connection

2. 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) View the Account Inquiry window
B) View the Projected Balances Region on the Create Journal page
C) Run the Journals- (132 Char) Report.
D) Run Trial Balance.

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

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

4. Oracle Fusion Accounting Hub is integrated with Oracle Hyperion Data Relationship Management Fusion Edition. What are two primary purposes of this functionality?

A) a master data management solution for creating and maintaining hierarchies across an enterprise
B) ability to download very large amounts of data
C) ability to maintain charts of accounts values and hierarchies in one central location
D) accurately reflects the accounting rules
E) stores the identifier for the transaction in the transaction table

5. Identify the two INVALID output options for batch bursting.

A) Books
B) Output to Printer
C) HTML & MHTML
D) PDF files
E) Snapshot Reports

Solutions: