Oracle 1Z1-508 Exam Details & Actual Exam Questions
- Exam Code/Number: 1Z1-508
- Exam Name/Title: Oracle Fusion Financials 11g General Ledger Essentials
- Certification Provider: Oracle
- Corresponding Certification: Oracle Applications
- Exam Questions: 127
- Updated On: Sep,20 2026
- Certification Level: Specialist
Oracle Fusion Financials 11g General Ledger Essentials Exam Questions
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(32 Up Votes)Oracle 1Z1-508 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Fusion Financials 11g General Ledger Essentials |
| Exam Number: | 1Z0-508 |
| Related Certifications: | Oracle Fusion Financials 11g Implementation Specialist |
| Passing Score: | 60% |
| Real Exam Qty: | 70 |
| Exam Price: | $245 USD |
| Exam Duration: | 120 minutes |
| Exam Format: | Multiple Select, Multiple Choice |
| Available Languages: | English |
| Certificate Validity Period: | 18 months |
| Recommended Training: | Oracle Fusion Financials 11g General Ledger Fundamentals Oracle Fusion Financials Training Path |
| Exam Registration: | Oracle University Registration Pearson VUE Oracle Exam Registration |
| Sample Questions: | Oracle 1Z1-508 Sample Questions |
| Exam Way: | Online proctored or at authorized Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended hands-on experience with Oracle Fusion Financials 11g and basic financial accounting knowledge |
| Official Syllabus URL: | https://education.oracle.com/oracle-fusion-financials-11g-general-ledger-essentials/trackp_1Z0-508 |
Oracle 1Z1-508 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Period Close and Reconciliation | 15% | - Trial balance and period-end adjustments - Period close process and monitor - Opening and closing accounting periods - Reconciliation with subledgers |
| Topic 2: Chart of Accounts Configuration | 20% | - Designing and defining chart of accounts structure - Value sets, segments, and hierarchies - Account combinations and security rules - Cross-validation and segment validation rules |
| Topic 3: Journal Entries and Processing | 20% | - Reversing, correcting, and reviewing journals - Approval workflows and rules - Creating, importing, and posting journals - Allocation and periodic entries |
| Topic 4: Overview of Oracle Fusion Financials and General Ledger | 10% | - Fusion Financials architecture and deployment options - General Ledger role within the financial ecosystem - Key features and benefits of Fusion General Ledger |
| Topic 5: Multi-Currency and Intercompany Accounting | 15% | - Translation and consolidation processes - Intercompany transactions and reconciliation - Foreign currency transactions and revaluation - Currency configuration and daily rates |
| Topic 6: Financial Reporting and Inquiry | 12% | - Reporting tools and integration options - Balances and transaction inquiry - Account Monitor and Account Inspector - Financial Reporting Center and OTBI |
| Topic 7: Integration and Security | 8% | - Integration with Subledger Accounting - Data access and security policies - Accounting Hub and third-party integration |
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