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Download Oracle : 1Z1-508 Questions & Answers as PDF & Test Software

Last Updated: Jun 03, 2026

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Oracle Fusion Financials 11g General Ledger Essentials Sample Questions:

1. If you change the status of a tree structure, the status of the trees and tree versions associated with structure also change. Which three statuses apply to the tree structure?

A) Active
B) Pending
C) Draft
D) Inactive
E) Future


2. At which two levels do you need to enable the approval process you start defining it?

A) Source
B) Category
C) Ledger
D) Journal


3. You have been given a task to update a calendar by adding a new period to it. What is the quickest way to perform this task?

A) The application automatically populates the next period.
B) Manually add the periods.
C) Use the Add Year button.
D) Run the Other - Calendar Validation Report.


4. How is an online ad hoc pivot table created?

A) Export to Microsoft Excel to perform data manipulation
B) Use the input parameters feature online
C) Use Style Templates
D) Use Online Analyzer, if granted access by an administrator
E) Use the Location feature


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

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


Solutions:

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

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