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

  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: May 30, 2026
  • Q&As: 127 Questions and Answers

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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


2. What is the best view or tool to use it you need to quickly perform an ad hoc ledger query that drill down to in a web view?

A) Account Inspector
B) Oracle Hyperion Financial Reporting Studio
C) Oracle Hyperion Smart View
D) Account Monitoring


3. Changing a Fusion Intercompany system option would______________.

A) will be retroactive and include historical transactions
B) impact both new and transactions in progress
C) be effective on transactions in progress
D) take effect only on new transactions going forward
E) take effect on new, existing, and transactions in progress


4. Choose the Oracle application that will automatically update the chart of accounts values and Hierarchies across multiple Oracle E-Business Suite and Oracle Fusion instances through a single application.

A) Oracle Business Intelligence Enterprise Edition
B) Oracle Hyperion Data Relationship Management
C) Oracle Fusion Accounting Hub
D) Oracle Fusion General Ledger Suite


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

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


Solutions:

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

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