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

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. What are the two functions that Oracle Fusion Approvals Management (AMX) merges to approve journal flow?

A) Oracle Workflow
B) Oracle PeopleSoft Approvals (AWE)
C) Oracle Approvals Management (AME)
D) Business Process Execution Language (BPEL)

2. In the Essbase database source, how do you identify duplicate members?

A) use an alias name for a database member
B) display qualified names instead of the member names
C) use member Information
D) use the member perspective

3. Which three objectives must be considered when designing the chart of accounts?

A) Anticipate growth and maintenance needs because organizational changes occur
B) Support the audit and control of financial transactions.
C) Provide less flexibility for management reporting and analysis.
D) Select the segment qualifiers.
E) Effectively manage an organization's financial business.

4. Where can a multidimensional analysis of accounting balances be performed online?

A) Forecast and Actual versus Quota
B) Revenue Influenced by Program
C) Requisition Overview
D) Project Analytics
E) Account Monitor and Account Inspector

5. Which three types of objects can be created in Allocation Manager?

A) Complex computations based on different variables to automatically calculate allocated amounts.
B) Rules that contain components, such as points of view, formulas, and templates
C) Journal formulas grouped together and executed sequentially to update account balances step by step
D) Rule Sets that contain sets of rules that can be calculated sequentially
E) components that contain formulas, points of view, or allocation Objects

Solutions: