Oracle 1Z0-516 Online Practice Questions and Exam Preparation

Oracle 1Z0-516 Online Questions & Answers

• Question 131:

  Identify three features of a Balancing Entity. (Choose three.)

  A. Balance sheets are prepared for a Balancing Entity.
  B. A Legal Entity may comprise one or more than one balancing segments.
  C. Multiple Balancing Entities within the same Operating Unit structure is not supported.
  D. A Balancing Entity is represented as a balancing segment value in the accounting flexfield structure.
  E. Oracle E-Business Suite Release 12 automatically secures balancing segment values within your chart of accounts with specific Legal Entities or Operating Units.
  A. Balance sheets are prepared for a Balancing Entity.
  B. A Legal Entity may comprise one or more than one balancing segments.
  D. A Balancing Entity is represented as a balancing segment value in the accounting flexfield structure.

• Question 132:

  Your sales users want to print a Proposal document from a transaction in their preferred languages.

  What are the Oracle-recommended steps necessary to address this use case using Document Designer where the template structure differs for each language?

  A. Create language-specific templates with different names, provide translations and design for each of these templates, link these templates to a single print action by using a printer-friendly XSL view.
  B. Create language-specific templates with the same name, provide translations and design for each of these templates, link these templates to a print action by using the printer-friendly XSL view.
  C. Create a multi-language template, provide translation for each language, and link this template to the Print action by using the printer-friendly XSL view.
  D. Create language-specific templates with different names, provide translations for each of these templates, and link these templates to a single print action each by using printer-friendly XSL views.
  C. Create a multi-language template, provide translation for each language, and link this template to the Print action by using the printer-friendly XSL view.

• Question 133:

  Which three statements are true about AutoInvoice? (Choose three.)

  A. It determines the General Ledger (GL) accounts by using AutoAccounting.
  B. It imports invoices that have only transaction types that are of the "imported" transaction class.
  C. It determines the GL accounts from the rows in the RA_INTERFACE_DISTRIBUTIONS_ALL table.
  D. It determines whether the invoices should have open or closed status on the basis of the line amounts.
  E. It uses the AutoInvoice clearing account if it cannot determine the Receivables account by using AutoAccounting.
  F. It uses the AutoInvoice clearing account if the price multiplied by quantity does not equal the total amount for a line.
  A. It determines the General Ledger (GL) accounts by using AutoAccounting.
  C. It determines the GL accounts from the rows in the RA_INTERFACE_DISTRIBUTIONS_ALL table.
  F. It uses the AutoInvoice clearing account if the price multiplied by quantity does not equal the total amount for a line.

• Question 134:

  Which two statements are true regarding partitioning of data by an application? (Choose two.)

  A. General Ledger is partitioned by Ledgers.
  B. Accounts Payable is partitioned by Ledgers.
  C. Fixed Assets are partitioned by Operating Unit.
  D. Accounts Receivable is partitioned by Operating Unit.
  E. Order Management is partitioned by Inventory Organization.
  A. General Ledger is partitioned by Ledgers.
  D. Accounts Receivable is partitioned by Operating Unit.

• Question 135:

  What is the correct order of execution of Configuration rules for an attribute that has both Recommendation and Constraint rules written on it?

  A. Recommendation, Constraint, Hiding, Recommended Item
  B. Constraint, Hiding, Recommendation, Recommended Item
  C. Recommendation, Recommended Item, Hiding, Constraint
  D. Hiding, Constraint, Recommendation, Recommended Item
  E. Constraint, Recommendation, Constraint, Hiding, Recommended Item
  D. Hiding, Constraint, Recommendation, Recommended Item

• Question 136:

  You are asked to design a Document Designer template, which would generate an output document where users would be able to navigate to a specific section from the table of contents. This is a complex document with many sections and subsections that can go up to seven levels of parent/child relationships.

  Which three steps do you need to perform to ensure that the table of contents show only two levels of the sections and subsections so that the user reviewing the document can navigate to a desired section's page and scroll further to the deeper levels? (Choose three.)

  A. Assign page numbers to all heading elements
  B. Enable the Table of Contents option for selected heading styles
  C. Create headings by using the Heading element for the section content in your template
  D. Enable the Table of Contents option for all heading styles
  E. Assign a heading style set to the Table of Contents layout
  A. Assign page numbers to all heading elements
  B. Enable the Table of Contents option for selected heading styles
  C. Create headings by using the Heading element for the section content in your template

• Question 137:

  Which three functions can the Create Accounting Program perform? (Choose three.)

  A. Creating accrual entries
  B. Running the journal import
  C. Validating distribution lines
  D. Creating accounting entries
  E. Transferring data to the interface table
  B. Running the journal import
  D. Creating accounting entries
  E. Transferring data to the interface table

• Question 138:

  Select three statements that apply to Interface Data Transformer (IDT). (Choose three.)

  A. It ensures reapplication of the same rules each time you transfer.
  B. IDT provides greater flexibility by performing no validation on the imported data.
  C. User-defined conditions enable you to control when transformation rules must be applied.
  D. IDT provides automatic data conversion that converts disparate data formats into an Oracle format.
  E. It makes exporting of data from Oracle General Ledger into external feeder systems much easier and less time consuming.
  A. It ensures reapplication of the same rules each time you transfer.
  C. User-defined conditions enable you to control when transformation rules must be applied.
  D. IDT provides automatic data conversion that converts disparate data formats into an Oracle format.

• Question 139:

  Select four mandatory requirements for creating ledgers in Oracle General Ledger. (Choose four.)

  A. Currency
  B. Period types
  C. Operating units
  D. Chart of accounts
  E. Accounting method
  F. Accounting calendar
  A. Currency
  D. Chart of accounts
  E. Accounting method
  F. Accounting calendar

• Question 140:

  Scott, the CFO at ABC Company in the USA, wants to present the annual income statement to the board or directors of the company. ABC Company engages in many exports and import activities and follows the policy to revalue all its transactions in foreign currency with the current market rates. Scott requests George, the head accountant of the company, to revalue all foreign currency transactions done during the year.

  Select two prerequisites that George must comply with to ensure that the revaluation is done as desired. (Choose two.)

  A. Define accounts for realized gains and realized losses.
  B. Define accounts for unrealized gains and unrealized losses.
  C. Define the weights for each currency used for doing transactions.
  D. Define a batch under which the revaluation journals would be stored.
  E. Define a revaluation rate for each currency for each period or date for which the revaluation must be run.
  B. Define accounts for unrealized gains and unrealized losses.
  E. Define a revaluation rate for each currency for each period or date for which the revaluation must be run.