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Exam Code: 1Z0-508
Exam Name: Oracle Fusion Financials 11g General Ledger Essentials
Updated: Jun 14, 2026
Q & A: 127 Questions and Answers
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1. 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) Functional Setup Manager and Configuration Manager
D) Metadata Repository and BI Presentation Services Catalog
E) Oracle Business Analytics Warehouse and Oracle BI Presentation Services
2. Which three actions can you perform on subledger journal entities?
A) Close
B) Finish
C) Incomplete
D) Complete
E) Duplicate
F) Reverse
3. At which two levels do you need to enable the approval process you start defining it?
A) Ledger
B) Journal
C) Source
D) Category
4. In the Essbase database source, how do you identify duplicate members?
A) use member Information
B) display qualified names instead of the member names
C) use an alias name for a database member
D) use the member perspective
5. Identify the two steps that must be completed when performing Accounting Configuration
A) Open First Period
B) Create Reporting Currencies
C) Create Legal Entities
D) Create Primary Ledgers
Solutions:
| Question # 1 Answer: E | Question # 2 Answer: A,D,F | Question # 3 Answer: A,B | Question # 4 Answer: B | Question # 5 Answer: C,D |
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