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Oracle 1Z0-508 Exam Syllabus Topics:

Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Choose four applications for which SmartView provides a common Microsoft Office interface.

A) Oracle E-Business Suite Release 11g
B) Oracle Essbase
C) Oracle Business Intelligence Enterprise Edition
D) Oracle Hyperion Planning, Fusion Edition
E) Oracle Enterprise Performance Management Workspace, Fusion Edition
F) Oracle Hyperion Financial Management, Fusion Edition

2. Which statement about intercompany balancing is INCORRECT?

A) Segment values can be assigned more than once within your chart of account.
B) The intercompany qualified segment can NOT be set with any of the three balancing segment qualifiers.
C) Intercompany balancingisused to track intercompany duo to/due from balances by identifying the specific trading company.
D) Intercompany balancing is used to balance transactions by an additional dimension beyond the primary segment.
E) Segment values can be assigned only once within your chart of account.

3. Select the key performance indicator (KPI) that provides a trend of the cost of an item as part of Gross Margin Analysis

A) Inventory Value KPI
B) Gross Margins KPI
C) Item Cost KPI
D) Value Trends KPI

4. In Oracle Fusion, the intercompany transactions are used to generate the accounts needed to balance ____________.

A) By both legal and balancing segments values
B) By account values
C) By primary balancing segment values only
D) By legal entity only

5. Which accounting attribute group will capture a customer's accounting invoice and the cash applied to that invoice?

A) System Transaction identifiers
B) Business Flow
C) Tax attribute
D) Distribution identifiers

Solutions: