Oracle 1Z0-516 Online Practice Questions and Exam Preparation

Oracle 1Z0-516 Online Questions & Answers

• Question 121:

  Using standard functionality, how do you prevent a user from manually adding or removing rows in an array set?

  A. by hiding the control attribute and marking it as a forced set
  B. by using CSS to hide icons
  C. by hiding the control attribute
  D. by selecting the "Disable user override" property on the configurable array set editor page
  C. by hiding the control attribute

• Question 122:

  XYZ Corp. has acquired ABC Corp. XYZ operates with Multi-Org Access Control. Consequently, XYZ Corp. needs to add additional Operating Units. Identify the statement that describes the sequence for adding additional Operating Units.

  A. It is not possible to add additional Operating Units.
  B. Set the MO: Operating Unit profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
  C. Set the MO: Security Profile profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
  D. Create the Operating Unit, run the Replicate Seed Data concurrent request, create new responsibilities as necessary, and set up the MO: Default Operating Unit profile option.
  E. Create the Operating Unit, run the Replicate Seed Data concurrent request, assign the Operating Unit to a security hierarchy, run Security List maintenance concurrent program, create new responsibilities as necessary, and set up the MO: Security Profile profile option.
  E. Create the Operating Unit, run the Replicate Seed Data concurrent request, assign the Operating Unit to a security hierarchy, run Security List maintenance concurrent program, create new responsibilities as necessary, and set up the MO: Security Profile profile option.

• Question 123:

  Which three payment terms validations are performed by AutoInvoice for imported balance forward billing (BFB) transactions? (Choose three.)

  A. The transaction is stamped with legal entity information.
  B. All transactions are batched by batch source name and request ID.
  C. Transactions with balance forward billing payment terms having the external billing cycle have a billing date.
  D. Transactions with balance forward billing payment terms have balance forward billing enabled at the account and site profiles.
  E. Transactions with nonbalance forward billing payment terms for balance forward customers have the override terms check box selected.
  C. Transactions with balance forward billing payment terms having the external billing cycle have a billing date.
  D. Transactions with balance forward billing payment terms have balance forward billing enabled at the account and site profiles.
  E. Transactions with nonbalance forward billing payment terms for balance forward customers have the override terms check box selected.

• Question 124:

  Your company needs a solution that provides the option of transferring a high volume of customer receipts from the bank into the Oracle Accounts Receivable system. You do not want the customers account balance to be affected immediately when the receipts are transferred and uploaded to the receivables system. Which is the most appropriate receipt creation method to implement in Oracle Receivables?

  A. Cash receipts
  B. Manual receipts
  C. Automatic receipts
  D. Quickcash receipts
  E. Miscellaneous receipts
  D. Quickcash receipts

• Question 125:

  XYZ Company is implementing Oracle at its headquarters in the US. It has operations in Australia, the UK, and China. The Australian and the US operations can share the same chart of accounts segments, and the UK and China operations

  can share the same chart of accounts segments.

  All operations share the same calendar or period-type combination, but not the currency. Each country requires that a separate accounting data be maintained.

  Identify the number of legal entities to be created and the number of accounting setups.

  A. Create one legal entity and four accounting setups.
  B. Create four legal entities and one accounting setup.
  C. Create two legal entities and four accounting setups.
  D. Create four legal entities and four accounting setups.
  D. Create four legal entities and four accounting setups.

• Question 126:

  When you enter a journal, the journals in that batch _____.

  A. Must share the same period
  B. Must share the same currency
  C. Must share the same accounting date
  D. Must share both the same period and currency
  E. Can have different periods, currencies, and accounting dates
  A. Must share the same period

• Question 127:

  There are several setup steps for receipts in Oracle Receivables; some are required whereas others are optional. Which two setup steps are optional? (Choose two.)

  A. Define receipt classes.
  B. Define receipt methods.
  C. Define receipt sources.
  D. Define AutoCash rule sets.
  E. Define application rule sets.
  D. Define AutoCash rule sets.
  E. Define application rule sets.

• Question 128:

  Which three statements are true about the revaluation process? (Choose three.)

  A. You must post the revaluation journal entries.
  B. The revaluation process must be executed after the translation process has completed.
  C. This process revalues the foreign currency portion of the account balances by using the revaluation rate defined in the period rates table.
  D. Revaluation calculates the differences between the current cumulative functional currency balance of the foreign transactions and the revalued functional currency balance calculated by using the revaluation rate.
  A. You must post the revaluation journal entries.
  C. This process revalues the foreign currency portion of the account balances by using the revaluation rate defined in the period rates table.
  D. Revaluation calculates the differences between the current cumulative functional currency balance of the foreign transactions and the revalued functional currency balance calculated by using the revaluation rate.

• Question 129:

  Identify three types of data written to different log files that you can find in the Error Logs menu. (Choose three.)

  A. email sending and receiving
  B. administration changes
  C. output of print servers
  D. modsecurity messages
  E. performance information
  F. server messages
  B. administration changes
  D. modsecurity messages
  F. server messages

• Question 130:

  Identify the sequence of steps to determine the Descriptive Flexfield name on a form in Oracle E-Business Suite Release 12 with Diagnostics enabled.

  1) Select Help > Diagnostics > Examine.

  2) The username of the DFF appears in the Value field.

  3) Select the DFF name from the list of values in the "Field" field.

  4) Select the "$DESCRIPTIVE_FLEXFIELD$" value for the Block name.

  A. 1, 2, 3, 4
  B. 1, 4, 3, 2
  C. 1, 3, 4, 2
  D. 4, 3, 1, 2
  B. 1, 4, 3, 2