Oracle 1Z1-508 : Oracle Fusion Financials 11g General Ledger Essentials

1Z1-508 real exams

Exam Code: 1Z1-508

Exam Name: Oracle Fusion Financials 11g General Ledger Essentials

Updated: Jun 07, 2026

Q & A: 127 Questions and Answers

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Transaction objects in Fusion Accounting Hub are associated to_____________.

A) Event Classes
B) Event Types
C) Event Entities
D) Journal Line Types


2. Where do end users modify preferences, such as time zone, delivery devices and delivery profile?

A) My Agents
B) My Account dialog box
C) My Scorecards
D) My Reports
E) My Dashboard page


3. Which tab is used in the journals Work region of the General Accounting Dashboard to identify journals that produce an error during the Posting Process or that are rejected in the approval flow?

A) Import Errors
B) Incomplete
C) Pending Approval Prom Others
D) Requiring Attention


4. Which accounting attribute group will capture a customer's accounting invoice and the cash applied to that invoice?

A) Tax attribute
B) Business Flow
C) Distribution identifiers
D) System Transaction identifiers


5. Identify two INVALID features of POV in Financial Reporting Studio.

A) To identify that a dimension is set for grid POV, text row foot note should be added for a gridPOV for a dimension.
B) All POVs allow a single member to be set for a dimension.
C) POV book is specific to any report or grid object in report in that book.
D) A memberselection function with CurrentPOV as the member parameter changes to a User POV when members are selected from a row, column or page axis on a grid.
E) Multiple grids cannot be Included in a report.


Solutions:

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

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