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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Journal Approval has been enabled, however, the journal did NOT submit to the appropriate manager for approval. Which three additional steps must, be performed for the approval process to work?

A) Create an approval hierarchy.
B) Enable customization.
C) Set up journal category to use journal approval.
D) Set up journal sources to use Journal approval.
E) Define approver authorization limits.

2. A company has the second and third balancing segment enabled for its chart of accounts, and the journal is balanced by the primary balancing segment but is out of balance by the second and third balancing segment. This is an example of ____________.

A) Balancing Segment Rule
B) Segment qualifier
C) Chart of Account Rule
D) Chart Account Balancing Rule

3. The Receivables and Payables accounts that are automatically generated by intercompany transactions use rules and attributes in what order?

A) Ledger entity Level Rules; ledger Level Rules; Chart of Account Rules; Primary Balancing Segment Rules
B) Chart of Account Rules; Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules
C) Ledger Level Rules;Primary Balancing Segment Rules;Ledger Entity Level Rules; Chart of Accounts Rules
D) Primary Balancing Segment Rules; Ledger Entity Level Rules; Ledger Level Rules;Chart of Account Rules
E) Chart of Account Rules; Ledger Entity Level Rules, Primary Balancing Segment Rules; Ledger Level Rules

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

5. Journal approval in Oracle Fusion Applications uses Oracle Fusion Approvals Management (AMX) to build approvals. Which AMX builder method is most effective when the General Accountant enters the journals for approval?

A) Human Resources (HK) Supervisory
B) Job level
C) Position
D) Approval Group

Solutions: