Try Oracle : 1Z0-508 practice torrent pass for sure
Updated: May 26, 2026
No. of Questions: 127 Questions & Answers with Testing Engine
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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
1. To update an intercompany calendar, the calendar status must be in a(n)__________.
A) Pending Close Period
B) Newer Open or Closed Period
C) Final Closed Period
D) Open Period
2. What is the most efficient way to add a new year to the accounting calendar?
A) The application automatically populates the next period.
B) Add the periods manually.
C) Use the Add Year button.
D) Run the Other - Calendar Validation Report.
3. In Oracle Fusion, you can define more complex structure and multiple rules between pairs of____________.
A) Primary Segments only
B) Legal Entities only
C) Ledger, Legal Entities, or Primary Segments
D) Ledgers only
4. When you use allocations, revaluation, or translation to define and maintain your period close component, which three tasks should you perform under the Define Period Close Components parent task in your implementation project?
A) Manage Revaluations.
B) Manage General Accounting Dashboard.
C) Manage Allocations and Period Entries.
D) Manage Historical Rates.
E) Manage intercompany Settlements.
5. Identify the SmartView Ribbon command that is used to display levels in the Member hierarchy.
A) Drill Through
B) Query
C) Cascade
D) Zoom in and Zoom out
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: A,C,D | Question # 5 Answer: D |
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