Oracle Fusion Financials 11g General Ledger Essentials : 1Z1-508

  • Exam Code: 1Z1-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: Jun 27, 2026
  • Q & A: 127 Questions and Answers

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About Oracle Fusion Financials 11g General Ledger Essentials : 1Z1-508 Exam

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. The General Ledger supervisor requested a schedule be created to AutoPost the subledger accounts different times. To accomplish this, the AutoPost criteria need to be set by__________.

A) Source
B) Journal
C) Category
D) Batch


2. The lowest level of granularity at which a journal entry rule set can be assigned is_____________.

A) Event Types
B) Event Classes
C) Event Entities
D) Journal line Rules
E) Events


3. In Oracle Fusion, you can define more complex structure and multiple rules between pairs of____________.

A) Ledger, Legal Entities, or Primary Segments
B) Ledgers only
C) Primary Segments only
D) Legal Entities only


4. A customer is trying to build dynamic reports in Fusion Financial Reporting. What are two recommendations?

A) Create reusable objects and row and column templates.
B) Use multiple data segments for formatting or calculating.
C) Use Function on expanded data segments that are NOT placed on separate rows or columns.
D) Use cell formulas to write efficient formulas rather than row or column formulas.


5. The tables, of views, from which Create Accounting takes source data to use in rules and create entries are referred to as_________.

A) Transaction Objects
B) Accounting attributes
C) Mapping Sets
D) Event Classes
E) Event Entities


Solutions:

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

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