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

1Z1-508

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 two INVALID features of POV in Financial Reporting Studio.

A) All POVs allow a single member to be set for a dimension.
B) POV book is specific to any report or grid object in report in that book.
C) Multiple grids cannot be Included in a report.
D) A memberselection function with CurrentPOV as the member parameter changes to a User POV when members are selected from a row, column or page axis on a grid.
E) To identify that a dimension is set for grid POV, text row foot note should be added for a gridPOV for a dimension.


2. Which components are used to perform ETL and prebuilt ETL logic while setting up Oracle Business Intelligence Enterprise Edition?

A) Information PowerCenter Servicer, and Informatics Repository
B) Oracle BI Server and OLIP data source
C) Oracle Business Analytics Warehouse and Oracle BI Presentation Services
D) Metadata Repository and BI Presentation Services Catalog
E) Functional Setup Manager and Configuration Manager


3. Oracle Business Intelligence Enterprise Edition (OBIEE) allows buttons to create, manage, and invoke the task functionality within the application. What framework is used to set them up?

A) Resource Description Framework (RDF)
B) Action Framework
C) Seed Data Framework (SDF)
D) Security Framework
E) Application Development Framework (ADF)


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

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


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

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


Solutions:

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

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