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

1Z0-508 Exam Questions
  • 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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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

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

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


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

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


3. Identify two correct behaviors of conditional suppression of rows and columns.

A) If an entire row or column meets the criteria specified for conditional suppression, the entire row or column is hidden.
B) When the Hide Always chock box is selected for a row or column, you can ignore the values and calculations in hidden rows and columns.
C) The calculation does NOT consider suppressed rows.
D) If only some of the cells in a row or column meet the criteria specified for conditional suppression, the row or column is hidden.


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

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


5. Identify the step that is NOT correct about implementing Fusion Accounting Hub to integrate with an external system.

A) Enable external system to create Journal entries.
B) Capture accounting events.
C) Determine the accounting impact of transactions.
D) Analyze external system transactions.


Solutions:

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

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