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

  • Exam Code: 1Z1-508
  • Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
  • Updated: Jun 17, 2026
  • Q & A: 127 Questions and Answers

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. Which keyboard shortcut is used to navigate to Focus Annotations Area Control?

A) Ctrl + G
B) Ctrl + Y
C) Ctrl+ L
D) Ctrl + B
E) Ctrl + F


2. Oracle Fusion Accounting Hub is integrated with Oracle Hyperion Data Relationship Management Fusion Edition. What are two primary purposes of this functionality?

A) ability to download very large amounts of data
B) ability to maintain charts of accounts values and hierarchies in one central location
C) a master data management solution for creating and maintaining hierarchies across an enterprise
D) stores the identifier for the transaction in the transaction table
E) accurately reflects the accounting rules


3. Which is an example of embedded intelligence in the Fusion General Accounting Dashboard?

A) setting notification thresholds in the Account Monitor view
B) getting more detail on a balance by clicking the Show More button
C) moving the cursor over projected balances displays the impact a journal will have on accounts
D) running a trial balance report to reconcile books


4. In Member Selection, which three operators and symbols enable you to display members based specified criteria?

A) Union operator
B) AND operator
C) Right parenthesis
D) Double parentheses
E) Left parenthesis


5. Choose the Oracle application that will automatically update the chart of accounts values and Hierarchies across multiple Oracle E-Business Suite and Oracle Fusion instances through a single application.

A) Oracle Business Intelligence Enterprise Edition
B) Oracle Fusion Accounting Hub
C) Oracle Hyperion Data Relationship Management
D) Oracle Fusion General Ledger Suite


Solutions:

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

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