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  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: May 27, 2026
  • Q & A: 127 Questions and Answers
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  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: May 27, 2026
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  • Exam Code: 1Z0-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Fusion Accounting Hub includes Hyperion Data Management, which can be used for_______________.

A) Chart of Accounts Master Data maintenance
B) data access and security
C) the maintenance of Trading Community Data
D) Chart of Accounts Hierarchy maintenance
E) data modeling


2. Choose the four steps required to create and use the chart of accounts.

A) Create Account Hierarchies.
B) Create Value Sets.
C) Create Value Set Values.
D) Publish Account Hierarchies.
E) Create Chart of Accounts Structure Instance.
F) Create Chart of Accounts Structure.


3. Choose the two Oracle Hyperion Reporting and Analysis products and artifacts, that can be imported into financial Reporting.

A) Snapshot Reports (*.rpt)
B) Impact Manage Transformation Scripts (*. Js)
C) Dynamic Report (* .des)
D) Books. (*.kbk)


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

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


5. Transaction objects in Fusion Accounting Hub are associated to_____________.

A) Journal Line Types
B) Event Classes
C) Event Entities
D) Event Types


Solutions:

Question # 1
Answer: A
Question # 2
Answer: A,B,C,F
Question # 3
Answer: A,D
Question # 4
Answer: C
Question # 5
Answer: B

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