Oracle 1Z0-516 Online Practice Questions and Exam Preparation

Oracle 1Z0-516 Online Questions & Answers

• Question 171:

  Which relationship group would you assign to allow each party to pay for its own transactions, as well as the transactions of all parties that are lower in the hierarchy (children, grandchildren, and so on)?

  A. Pay group
  B. Pay below
  C. Pay without
  D. Pay parties
  B. Pay below

• Question 172:

  Which three statements are true regarding simple Table-Based BOM Mapping Configuration rules? (Choose three.)

  A. They can generate a child BOM item in the BOM instance only if its parent BOM item is also included
  B. They can support a multi-level hierarchical BOM structure
  C. They can be defined at the Product Family level
  D. They can map multiple BOM items to an individual row in an array set of Configuration attributes
  E. They can be used alongside Advanced BML-Based BOM Mapping rules
  B. They can support a multi-level hierarchical BOM structure
  C. They can be defined at the Product Family level
  E. They can be used alongside Advanced BML-Based BOM Mapping rules

• Question 173:

  The commerce step "Pending" has four participant profiles in the following order: SalesRep, SalesManager, Owner, and Admin.

  The Admin profile allows access with the FullAccess user type.

  The Owner profile has at performer steps "start" step selected.

  The step has an auto-forwarding rule.

  A FullAccess user with the SalesGroupA and SalesManagerA groups creates a new quote and saves it, which moves the quote to "Pending".

  The auto-forwarding rule returned the following two lines:

  SalesManagerA~Company~SalesManager SalesGroupA~Company~SalesRep Which profile will be used to display the quote in the "Pending" step to this user?

  A. SalesManager profile
  B. SalesRep profile
  C. Admin profile
  D. Owner profile
  B. SalesRep profile

• Question 174:

  Identify three setups in Oracle Receivables that control how discounts are calculated. (Choose three.)

  A. Profile options
  B. Payment terms
  C. System options
  D. Receipt classes
  E. Customer profiles
  B. Payment terms
  C. System options
  E. Customer profiles

• Question 175:

  ABC Company in India imports baking equipment from XYZ Company in the USA. There is an outstanding invoice of $1,000,000 to be paid in two months. The USD-to-INR rate when the transaction was done was 47.5.

  Now the USD-to-INR rate has changed from 47.5 to 40.5. Jack, who is a treasury analyst at ABC Company, reviews the transactions and comes to a conclusion.

  Select two correct conclusions arrived upon by Jack. (Choose two.)

  A. XYZ Company is not impacted at all by this rate change.
  B. XYZ Company has a positive impact by this rate change.
  C. ABC Company is not impacted at all by this rate change.
  D. ABC Company has a positive impact by this rate change.
  A. XYZ Company is not impacted at all by this rate change.
  D. ABC Company has a positive impact by this rate change.

• Question 176:

  During a pilot run of Financial Statement Generator reports, the report output displayed credit amounts as negative numbers. The customer requires the credit amounts on the reports to be positive instead of negative. Identify the solution that must be implemented to meet the customer's requirements.

  A. Inform the customer that this requirement would require a customization.
  B. Select the change sign check box for the related row or column definition.
  C. Deselect the change sign check box for the related row or column definition.
  D. Create a journal by doubling the values wherever the report is displaying negative numbers.
  B. Select the change sign check box for the related row or column definition.

• Question 177:

  In the course of Implementing Oracle General Ledger, you and your customer have created a number of Financial Statement Generator reports in a test environment. These reports have been tested and you are now ready to create them in your production environment. You are ready to run the FSG Transfer program.

  What two requirements are necessary to run this program? (Choose two.)

  A. Database links must be defined.
  B. The same ledgers must be defined in both instances.
  C. Enable the FSG: AutoCopy profile option in the production environment.
  D. The same row and column sets must exist in the production environment.
  A. Database links must be defined.
  B. The same ledgers must be defined in both instances.

• Question 178:

  In the context of adding, deleting, and disabling secondary ledgers, select two valid statements. (Choose two.)

  A. The subledger accounting method must be assigned if defining a balance- or journal-level subledger.
  B. The subledger accounting method must be assigned only to the secondary ledger in case of defining a subledger journals-level secondary ledger.
  C. The subledger accounting method must not be assigned if defining an adjustments-only secondary ledger for manual adjustments in General Ledger.
  D. The subledger accounting method need not be assigned to the primary ledger for assigning a subledger accounting method to the adjustments-only secondary ledger.
  E. The subledger accounting method must be assigned to both primary and secondary ledgers to use the adjustments-only secondary ledger for both manual and automated adjustments from subledger accounting.
  C. The subledger accounting method must not be assigned if defining an adjustments-only secondary ledger for manual adjustments in General Ledger.
  E. The subledger accounting method must be assigned to both primary and secondary ledgers to use the adjustments-only secondary ledger for both manual and automated adjustments from subledger accounting.

• Question 179:

  You are implementing Oracle General Ledger at ABC Enterprises. ABC Enterprises is a legal entity and must perform corporate and statutory reporting. It operates in a country that requires companies to have two complete ledgers: one for statutory reporting and another for corporate reporting.

  Identify the best option for primary and secondary ledgers.

  A. Use the primary ledger to satisfy corporate reporting requirements, and then use a secondary ledger to satisfy statutory reporting requirements.
  B. Use the primary ledger to satisfy statutory reporting requirements, and then use a secondary ledger to satisfy corporate reporting requirements.
  C. Use the primary ledger to satisfy corporate reporting requirements, and then use an adjustment-only secondary ledger to satisfy statutory reporting requirements.
  D. Use the primary ledger to satisfy statutory reporting requirements, and then use an adjustment-only secondary ledger to satisfy corporate reporting requirements.
  A. Use the primary ledger to satisfy corporate reporting requirements, and then use a secondary ledger to satisfy statutory reporting requirements.

• Question 180:

  Identify two ways in which you can display a message to a user while using simple table-based lookups for an attribute. (Choose two.)

  A. defining an advanced BML (CPQ Cloud Language) function for that attribute
  B. setting the message type as Static Entry when selecting an attribute to populate
  C. setting the message type as Table Column when selecting an attribute to populate
  D. defining a static text message for that attribute
  B. setting the message type as Static Entry when selecting an attribute to populate
  D. defining a static text message for that attribute