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

1Z0-508

Exam Code: 1Z0-508

Exam Name: Oracle Fusion Financials 11g General Ledger Essentials

Updated: Jun 16, 2026

Q & A: 127 Questions and Answers

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. If you change the status of a tree structure, the status of the trees and tree versions associated with structure also change. Which three statuses apply to the tree structure?

A) Inactive
B) Draft
C) Future
D) Active
E) Pending


2. Identify the valid data source where key Figure Manager is used for Financial Reporting.

A) Planning
B) EssBase
C) SAP BW
D) Financial Management
E) MSOLAP


3. 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) Financial Reporting Workspace
B) Account Monitor and Account Inspector
C) Smart View
D) Financial Reporting Studio


4. The tables, of views, from which Create Accounting takes source data to use in rules and create entries are referred to as_________.

A) Event Classes
B) Mapping Sets
C) Transaction Objects
D) Event Entities
E) Accounting attributes


5. Fusion Accounting Hub includes Hyperion Data Management, which can be used for_______________.

A) Chart of Accounts Hierarchy maintenance
B) data modeling
C) Chart of Accounts Master Data maintenance
D) data access and security
E) the maintenance of Trading Community Data


Solutions:

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

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