Oracle 1Z0-508 Exam Dumps

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Related Certifications: Oracle Cloud

Exam: 1Z0-508

Exam Name: Oracle Fusion Financials 11g General Ledger Essentials

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Question: 4

What is the primary source of data that is used for the Financial Reporting Center?

  1. data from the balances cubes and dimensions contained in the chart of account segments
  2. transaction tables
  3. defined dimensions for journals
  4. the Code Combinations table

Answer: A

Explanation:

Administrators need to create database connections from Workspace so users can access the cubes from either Workspace or Financial Reporting Studio.

Reference: Oracle Fusion Applications Financials Implementation Guide 11g, Setting up Your Financial Reporting Center: Critical Choices

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Question: 4

What is the primary source of data that is used for the Financial Reporting Center?

  1. data from the balances cubes and dimensions contained in the chart of account segments
  2. transaction tables
  3. defined dimensions for journals
  4. the Code Combinations table

Answer: A

Explanation:

Administrators need to create database connections from Workspace so users can access the cubes from either Workspace or Financial Reporting Studio.

Reference: Oracle Fusion Applications Financials Implementation Guide 11g, Setting up Your Financial Reporting Center: Critical Choices


Question: 2

In Oracle Fusion Applications, a calendar can only have ___________.

  1. One period frequency and period type
  2. Multiple period frequencies
  3. Multiple period types
  4. Multiple period frequencies and period types

Answer: A

Explanation:

In Oracle Fusion applications a calendar can only have one period frequency and period type. Therefore, if you have an existing calendar with more than one period type associated with it, during the upgrade from Oracle E-Business Suite, separate calendars are created based on each calendar name and period type combination.

Reference: Fusion Applications Help, Defining Accounting Calendars: Critical Choice


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