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1Z0-508 - Oracle Fusion Financials 11g General Ledger Essentials - Dump Information

Vendor	:	Oracle
Exam Code	:	1Z0-508
Exam Name	:	Oracle Fusion Financials 11g General Ledger Essentials
Questions and Answers	:	127 Q & A
Updated On	:	December 14, 2017
PDF Download Mirror	:	1Z0-508 Brain Dump
Get Full Version	:	Pass4sure 1Z0-508 Full Version

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1Z0-508 Questions and Answers

Explanation:

Permissions and privileges can be assigned to users directly or through membership in application roles or Catalog groups. From another perspective, permissions and privileges can be assigned explicitly or effectively. Effective permissions and privileges are assigned indirectly through inheritance from application roles or Catalog groups, which is the recommended approach for assignments.

Reference: Oracle Fusion Middleware System Administrator's Guide for Oracle Business Intelligence Enterprise Edition, Managing Security for Dashboards and Analyses

QUESTION: 120

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

1. moving the cursor over projected balances displays the impact a journal will have on accounts
2. running a trial balance report to reconcile books
3. getting more detail on a balance by clicking the Show More button
4. setting notification thresholds in the Account Monitor view

Answer: A

Explanation:

Embedded intelligence provides immediate actionable insight. This feature gives you access to information or data to help you complete your transactions. In some instances, embedded intelligence can offer suggestions or recommendations. In other instances, it can offer predictive intelligence. Embedded intelligence appears on the same page as your transaction, enabling you to always remain in the context of your task, and eliminates the need to query or run reports.

Note: You’re ready to take action to resolve the balance issue by modifying the suspect journal line. This edit can be accomplished inline. So how do you know what impact your edit will have on the account balance? This is where embedded intelligence comes in to play.

Incorrect answers:

C: Oracle Fusion Detail on Demand.

Example: Clicking the Show More link lets you see all the nonrequired fields associated with the journal batch

Reference:

Get It Done Fast, Get It Done Right: The Oracle Fusion Financials User Experience

QUESTION: 121

Choose the three interfaces that integrate with SmartView to view, import, manipulate, distribute and share data.

1. Microsoft Excel
2. Microsoft Access
3. Microsoft Word
4. Microsoft PowerPoint
5. Microsoft Notes

Answer: A, C, D

Explanation:

Using Smart View, you can view, import, manipulate, distribute and share data in Microsoft Excel, Word, Outlook and PowerPoint interfaces.

QUESTION: 122

Which accounting attribute group will capture a customer’s accounting invoice and the cash applied to that invoice?

1. Distribution identifiers
2. Business Flow
3. Tax attribute
4. System Transaction identifiers

Answer: D

Explanation:

System transaction identifiers provide a link between an accounting event and its associated transaction or document. An identifier is the primary key of the underlying subledger transaction, usually the name of the surrogate key column on the transaction (header) associated with the accounting event. At least one system transaction identifier must be defined for the accounting event class. When an accounting event is captured, system transaction identifiers, along with other required event data, are validated for completeness. Use event entities to tie subledger transaction entities with their accounting representation. The Financial Services Accounting Hub uses event entities to maintain the system transaction identifiers that uniquely identify the subledger transactions associated with the accounting events.

Incorrect answers:

A: distribution identifier

(Oracle Subledger Accounting) A distribution identifier corresponds to the sources that form the unique key of transaction distributions. Examples of distribution identifiers include invoice_distribution_id and distribution_id.

QUESTION: 123

A company has the second and third balancing segment enabled for its chart of accounts, and the journal is balanced by the primary balancing segment but is out of balance by the second and third balancing segment. This is an example of

.

1. Chart Account Balancing Rule
2. Balancing Segment Rule
3. Chart of Account Rule
4. Segment qualifier

Answer: D

Explanation:

Example:

Ledger balancing options are defined for the ledger to balance the second balancing segment and/or the third balancing segment, when a transaction is unbalanced by one of these segments.

Simple ledger balancing option with no clearing company options

In this scenario the enterprise has the second balancing segment and the third balancing segment enabled for its chart of accounts.

Setup

InFusion USA Chart of Accounts

Note: You can define intercompany balancing rules at the following rule levels: 1.Primary balancing segment

2.Legal entity 3.Ledger

4.Chart of accounts

The rules are evaluated in the order shown above. For example, you can define a Primary Balancing Segment rule and a Legal Entity level rule. If both rules are used to balance a particular journal, the Primary Balancing Segment rule is used, as it has a higher precedence. You have flexibility in defining your intercompany balancing rules. You can have a simple setup in which you define one rule for your chart of accounts. This rule is used for all intercompany balancing for all ledgers that use this chart of accounts. Alternatively, you can have a more granular set of rules. For example, you can define a different rule for each legal entity and one chart of accounts rule to cover any gaps in your rule definitions. You can gain even more

granularity by defining rules for specific journal and/or category combinations or intercompany transaction types.

Reference:

Oracle Fusion Accounting Hub Implementation Guide, Manage Ledger Balancing Options

QUESTION: 124

Which attribute does NOT need to be considered when creating intercompany transaction?

1. Legal Entity
2. Receivables and Payables Business Units
3. Default Organization contact
4. Default Transaction Type

Answer: C

Explanation:

Note: An intercompany transaction is a transaction between two entities with common ownership. The accounting for intercompany transactions is recorded separate from standard transactions in Oracle Fusion Receivables. Receivables determines a transaction to be an intercompany transaction based on the first party

(legal entity) and third party (bill-to customer) relationship defined in the

intercompany accounting setup. When a transaction is marked as intercompany, the intercompany receivables account is used for accounting instead of the standard receivables account derived from AutoAccounting. This applies to transactions both created manually and imported using AutoInvoice.

QUESTION: 125

Identify the valid data source where key Figure Manager is used for Financial Reporting.

1. EssBase
2. Financial Management
3. Planning
4. SAP BW
5. MSOLAP

Answer: D

Explanation:

Key Figure Manager is used against an SAP BW data source only.

Reference:

Using the Key Figure Manager for Financial Reporting

QUESTION: 126

Oracle Business Intelligence Enterprise Edition (OBIEE) allows buttons to create, manage, and invoke the task functionality within the application. What framework is used to set them up?

1. Resource Description Framework (RDF)
2. Action Framework
3. Seed Data Framework (SDF)
4. Security Framework
5. Application Development Framework (ADF)

Answer: B

Explanation:

The Oracle Business Intelligence 11g Action Framework makes it possible to set up navigation paths to critical information that can be displayed on analyses right next to users’ data. These paths—or

“action links”—can bring up related reports or Websites, or they can enable users to

complete business processes by performing actions that access separate applications. Action links are displayed as contextual menus and can contain either mandatory or optional items, depending on conditions you have defined.

Incorrect answers:

E: Oracle ADF Faces is based on the JavaServer Faces (JSF) JSR 127 specification. Oracle ADF Faces components are used in the user interfaces of the application. These components can be used in any IDE that supports JSF.

QUESTION: 127

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

1. Ledger
2. Source
3. Journal
4. Category

Answer: A, C

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Oracle ebs r12 install patch and maintain applications

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Maintain applications database entities menu3 maintain mui lingual tables 5 return to main menu5 change maintenance mode1 enable maintenance mode3. Patch automation with patch application assistant paa the patch automation tool for release 12 is a new feature available under the ad_topbin directory. How to apply a patch in oracle e business suite patching and maintenance 88 duration 23 02. aclnz 11,077 views. How to create stage area for r12.2.0 installation oracle e business suite ? duration 14 33. aclnz 2,488 views. Oracle ebs r12.2.0 installation exact list of software to download. Getting started with advance oracle e business suite r12 scm.

The patch wizard tool bui into oracle applications manager can recommend patches for your oracle e business suite system. the wizard takes patch data. Recommended patch collections for ebs 12.1.3 one consolidated patch across product families . When you are notified that it is available, apply your translation synchronization patch tsp for all languages you requested.

The diagnostics provided by the timing report feature of the patch wizard is an invaluable resource for busy oracle applications dbas who need an accurate. How to run oracle ebs technology code level checker etcc on applications tier? on. Run the following query to verify that language that you have added is showing as installed. The test mode for adpatch operates much like an interactive patch session for adpatch except that no files are copied to the installation area from the. Many of the line items on this page are links to detailed information about the impact of the patch on the system. for exle, the file types installed. How to create stage area for r12.2.0 installation oracle e business suite ?.

How to install linux for oracle ebs 12.2 installation in virtualbox?. 11 20. new security features in oracle ebs. Oracle e business r12 aldarayn academy lecture 1 duration 1 37 54. 14,524 views. Oracle e business r12 aldarayn academy lecture 2 duration 2 22 15. 5,553 views. order order flags flags options options adpatch upload patch history from filesystem uploadph y n where help y prints help information. Sriharsha paul lead technical architect sriharshapaul yahoom mobile 918197355222 11 location ghana contributions 11i install,patch and maintain. Oracle e business suite r12 applications database administrator certified professional acclaim.

12.2 patching best practices applying applications technology patches and database patches cont.. database patch set update overlay patches required for use. Click on connect to oracle applications release 12 to launch the login screen. voila !. Use a shared application tier file system in a shared application tier file system installation, the appl_top,. A more detailed view of the oracle e business suite system is offered by the site map, which provides easy access to the numerous features and options that. Note aernatively, you can click the application name link, such as xxx_iprocurement, from the search resu table first to display the read only. To delete the definition of an app, click the delete icon from the search resu table. a confirmation message appears requiring you to confirm the delete. Install ebs r12 startcd download p8639046_r12_generic.zip to srcstager12 startcd oracle ebsr12 stager12 unzip o.

Patching and maintenance advisors 17 contains proven methodologies for patch application shares full details to successfully complete pre patch,. Install a patch on application the recommended option is that enable maintenance node. to bring the application in maintenance mode. when you enable or. oracle e business suit duration 37 52. mohamed reda 1,948 views. Note you can license addtional products after installation as well.

The picture is described in the document text. O oracle application testing suite test starter kits for oracle e business suite r12 and.

Upgrade from ebs 12.2.0 to 12.2.2 exact list of software and patches to download. Note the users and app usage columns are available in oracle e business suite mobile foundation 5.0 for users who have the mobile applications.

Check the language which you have to install in my exle, i will add canadian french language .

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