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Oracle 1Z0-508 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Fusion Financials 11g General Ledger Essentials |
| Exam Number: | 1Z0-508 |
| Certificate Validity Period: | Typically does not expire for legacy Oracle certifications (varies by Oracle policy) |
| Passing Score: | 65%-70% (approx.) |
| Exam Format: | Multiple choice, Scenario-based questions |
| Exam Price: | $245 USD (may vary by region) |
| Exam Duration: | 90 minutes |
| Related Certifications: | Oracle Financials Cloud Certifications Oracle Fusion Applications Certification |
| Available Languages: | English |
| Real Exam Qty: | 55-75 |
| Sample Questions: | Oracle 1Z0-508 Sample Questions |
| Exam Way: | Computer-based exam delivered via Oracle Testing Centers or Pearson VUE (depending on region and legacy availability) |
| Pre Condition: | Recommended: Basic knowledge of accounting principles and Oracle Fusion Financials navigation experience. |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1Z0-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Journal Processing | - Journal approval workflows - Creating and managing journals - Recurring journals and allocations |
| Topic 2: Security and Access Control | - Ledger security rules - Role-based access control |
| Topic 3: Ledger and Accounting Processes | - Posting journals to ledger - Period close process - Accounting calendar periods |
| Topic 4: General Ledger Setup | - Currency and calendar setup - Ledger configuration and setup - Chart of Accounts structure |
| Topic 5: Reporting | - Standard and ad-hoc reporting - Financial statements generation |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. Identify the two INVALID output options for batch bursting.
A) Snapshot Reports
B) PDF files
C) Books
D) Output to Printer
E) HTML & MHTML
2. What are the key performance metrics for Oracle Fusion Financials?
A) Project Performance, Financial Management, Budget Details and Cost Details
B) Expenses, Revenue, Balance Sheet, Cash Flow, Budget versus Actual, Asset Usage, Liquidity, Financial Structure and GL Balance
C) Requisitions. Vacancy Analysis, Recruitment Pipeline and Offer Analysis
D) Pipelinefunnel. Opportunity Details, Forecast and Actual versus Quota and Forecast versus Pipeline
E) Spend by Category, Spend by Supplier, Spend by Organization and Item Detail
3. Why would an end user use BI Composer?
A) To leverage a wizard to create, edit orview analyses outside of the Analysis Editor
B) To bundletheentire catalog, specific folders, or multi component objects for archiving
C) To restrict user access only to the data for which they are authorized
D) To set a specific set of dimension values
E) To export report, KPI and analysis prompt values and data as PDF, MHTML, XLS and CVS files.
4. Identify the SmartView Ribbon command that is used to display levels in the Member hierarchy.
A) Query
B) Drill Through
C) Cascade
D) Zoom in and Zoom out
5. Which two locations display reports and folders that you have been granted access to based on your role, but have NOT created?
A) Shared Folders
B) Catalog
C) Analyzer
D) My folders
E) My Report
Solutions:
| Question # 1 Answer: D,E | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A,D |
By Antonio
