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

1Z1-508 Exam Questions
  • Exam Code: 1Z1-508
  • 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. Identify three characters that can NOT be used with the FRExecute command.

A) &
B) (
C) =
D) >
E) ;


2. Select the option that helps in sharing Account Rules across applications.

A) Same Chart of Accounts
B) Same Value Set validation
C) Transaction Objects
D) Reference Objects


3. You are required to enter the daily rates for currency conversion from British pound (GBP) to United States dollars (USD) each day. Which Excel add-in application do you use to load the daily rates?

A) Web ADI
B) Financial Reporting Studio
C) SmartView
D) Application Development Framework Integration


4. Identify three tasks that can be performed using the General Accounting Dashboard.

A) Get a high level view of the state of a department.
B) Receive instant visibility of transaction statuses.
C) Pay invoices to a contractor.
D) Take immediate action and drill down to uncover more detailed information.
E) Configure user responsibilities.
F) Pay invoices to a supplier.


5. Which three ledgers can be viewed from the Close Status work region of the General Accounting Dashboard?

A) Related ledgers
B) Currency Ledgers
C) Ledger Set
D) Level ledger update
E) Debit ledgers
F) Single Ledger


Solutions:

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

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