Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Applications
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Updated: Sep 10, 2026
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Oracle 1Z0-508 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Journal Processing | - Creating and managing journals - Journal approval workflows - Recurring journals and allocations |
| Topic 2: Security and Access Control | - Ledger security rules - Role-based access control |
| Topic 3: Ledger and Accounting Processes | - Period close process - Accounting calendar periods - Posting journals to ledger |
| Topic 4: Reporting | - Financial statements generation - Standard and ad-hoc reporting |
| Topic 5: General Ledger Setup | - Currency and calendar setup - Ledger configuration and setup - Chart of Accounts structure |
Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:
Why would an end user use BI Composer?
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How is an online ad hoc pivot table created?
- A. Use the Location feature
- B. Export to Microsoft Excel to perform data manipulation
- C. Use Online Analyzer, if granted access by an administrator
- D. Use the input parameters feature online
- E. Use Style Templates
Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).
The tables, of views, from which Create Accounting takes source data to use in rules and create entries are referred to as_________.
- A. Event Classes
- B. Accounting attributes
- C. Mapping Sets
- D. Transaction Objects
- E. Event Entities
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In Oracle Fusion, the intercompany transactions are used to generate the accounts needed to balance ____________.
- A. By primary balancing segment values only
- B. By account values
- C. By legal entity only
- D. By both legal and balancing segments values
Explanation: Only visible for Prep4away members. You can sign-up / login (it's free).
In Member Selection, which three operators and symbols enable you to display members based specified criteria?
- A. Left parenthesis
- B. Double parentheses
- C. AND operator
- D. Right parenthesis
- E. Union operator
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