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Oracle 1Z1-508 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Fusion Financials 11g General Ledger Essentials |
| Exam Number: | 1Z0-508 |
| Exam Price: | $245 USD (may vary by region) |
| Related Certifications: | Oracle Fusion Applications Certification Oracle Financials Cloud Certifications |
| Exam Duration: | 90 minutes |
| Real Exam Qty: | 55-75 |
| Exam Format: | Scenario-based questions, Multiple choice |
| Available Languages: | English |
| Passing Score: | 65%-70% (approx.) |
| Certificate Validity Period: | Typically does not expire for legacy Oracle certifications (varies by Oracle policy) |
| Sample Questions: | Oracle 1Z1-508 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 1Z1-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Journal Processing | - Recurring journals and allocations - Journal approval workflows - Creating and managing journals |
| Topic 2: General Ledger Setup | - Ledger configuration and setup - Chart of Accounts structure - Currency and calendar setup |
| Topic 3: Security and Access Control | - Role-based access control - Ledger security rules |
| Topic 4: Reporting | - Financial statements generation - Standard and ad-hoc reporting |
| Topic 5: Ledger and Accounting Processes | - Period close process - Accounting calendar periods - Posting journals to ledger |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
With which two options can Mapping Sets validate input values?
- A. Accounting Segment
- B. Value Sets
- C. Lookup Types
- D. FlexFields
Correct Answer: B,C 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
Transaction objects in Fusion Accounting Hub are associated to_____________.
- A. Journal Line Types
- B. Event Types
- C. Event Classes
- D. Event Entities
Correct Answer: C 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
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. Requiring Attention
- B. Incomplete
- C. Import Errors
- D. Pending Approval Prom Others
Correct Answer: A 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
Choose the four steps required to create and use the chart of accounts.
- A. Publish Account Hierarchies.
- B. Create Value Set Values.
- C. Create Chart of Accounts Structure Instance.
- D. Create Value Sets.
- E. Create Chart of Accounts Structure.
- F. Create Account Hierarchies.
Correct Answer: B,D,E,F 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
In Oracle Fusion Applications, a calendar can only have ___________.
- A. Oneperiod frequency and period type
- B. Multiple period frequencies
- C. Multiple period types
- D. Multiple period frequencies and period types
Correct Answer: A 🗳️
Explanation: Only visible for SurePassExams members. You can sign-up / login (it's free).
By Joyce
