Oracle 1Z0-516 Online Practice Questions and Exam Preparation

Oracle 1Z0-516 Online Questions & Answers

• Question 1:

  You are the Human Resources lead for the ERP Implementation of ABC Corporation. You have defined the employees in Oracle Human Resources. Select three activities that utilize the employee record. (Choose three.)

  A. Approvals
  B. Asset assignment
  C. Organization creation
  D. Journal Entry creation
  E. AutoCreate Purchase Orders
  A. Approvals
  B. Asset assignment
  E. AutoCreate Purchase Orders

• Question 2:

  XYZ Corporation has five segments in its accounting flexfield. For a special profit-and-loss report, they want to sort by the fourth segment, which is "product." Select the element that would meet this need.

  A. row set
  B. row order
  C. content set
  D. column set
  B. row order

• Question 3:

  Your client is using Oracle Trading Community Architecture (TCA) relationship manager to create and manage relationships among parties. However, your client is having difficulty understanding circular relationship types. Select two

  examples of circular relationships.

  (Choose two.)

  A. Company H is an affiliate of company G.
  B. Company A is the parent company of company B and company C.
  C. Company J is a subsidiary of company K and company L is a division of company K.
  D. Company M is a shareholder of company N and company N is a shareholder of company P.
  E. Company D is a competitor of company E, which is a competitor of company F, which in turn is a competitor of company D.
  A. Company H is an affiliate of company G.
  E. Company D is a competitor of company E, which is a competitor of company F, which in turn is a competitor of company D.

• Question 4:

  Identify four types of attributes that can be set by formulas. (Choose four.)

  A. Currency Attributes
  B. Boolean Attributes
  C. Text Attributes
  D. Date Attributes
  E. Single Select Menu Attributes
  F. Integer Attributes
  A. Currency Attributes
  B. Boolean Attributes
  D. Date Attributes
  F. Integer Attributes

• Question 5:

  Which three discount types are available in pricing? (Choose three.)

  A. percent discount
  B. quantity-dependent discount
  C. amount discount
  D. promotion discount
  E. absolute price
  A. percent discount
  B. quantity-dependent discount
  C. amount discount

• Question 6:

  You are implementing Oracle E-Business Suite Release 12 General Ledger for ABC Corporation.

  Identify two setups required for journal approval. (Choose two.)

  A. Enable journal approval for the Journal Category window.
  B. Disable the Journal: Find Approver Method profile option.
  C. Enable the Journal: Allow Preparer Approval profile option.
  D. Configure the GL journal approval process in Oracle Workflow Builder.
  C. Enable the Journal: Allow Preparer Approval profile option.
  D. Configure the GL journal approval process in Oracle Workflow Builder.

• Question 7:

  ABC Inc. added a new Operating Unit to its existing Multi-Org Access-enabled responsibility. When users logged in using their existing responsibility, they could not see the new Operating Unit in the list of values.

  What could be the cause?

  A. Security List Maintenance was not run.
  B. The Set MO: Operating Unit profile was not defined.
  C. The Set Multi-Org Preferences profile was not defined.
  D. The Set MO: Default Operating Unit profile was not defined.
  E. The Set MO: Security profile was not defined for the responsibility.
  A. Security List Maintenance was not run.

• Question 8:

  The APPL_TOP directory in Oracle E-Business Suite Release 12 contains _____.

  A. Redoes log files
  B. Database files
  C. Data tablespaces
  D. Index tablespaces
  E. The system tablespace
  F. The product directories and files for Oracle Applications
  F. The product directories and files for Oracle Applications

• Question 9:

  ABC Corporation is headquartered in New Dehli with an office in Mumbai. They share the same chart of accounts, calendar, and currency.

  The Mumbai ledger contains manual adjustments and automated adjustments. Thew New Dehli office does not need a complete ledger to perform management or statutory reporting.

  Which four statements are true in the given scenario? (Choose four.)

  A. The Mumbai ledger is an adjustment-only secondary ledger.
  B. Perform all adjustments in the Mumbai ledger.
  C. Perform all day-to-day transactions in the New Dehli ledger.
  D. Use ledger sets to combine transaction data and adjustment data.
  E. Perform all day-to-day transactions and adjustments in the New Dehli ledger.
  F. Consolidate data in the Mumbai ledger with the New Dehli ledger while reporting.
  A. The Mumbai ledger is an adjustment-only secondary ledger.
  B. Perform all adjustments in the Mumbai ledger.
  C. Perform all day-to-day transactions in the New Dehli ledger.
  D. Use ledger sets to combine transaction data and adjustment data.

• Question 10:

  Which is the correct navigation path to create Account Integrations?

  A. Admin > Accounts > Import > Integration > Add
  B. Admin > Process Definition > Integrations > List > Add
  C. Admin > Accounts > Integration > Add
  D. Admin > Accounts > Add > Integration
  C. Admin > Accounts > Integration > Add