Oracle 1Z0-516 Online Practice Questions and Exam Preparation

Oracle 1Z0-516 Online Questions & Answers

• Question 191:

  Sam, the CFO of XYZ Company, finds that in the expenditure budget of the current year, there are many funds available in the stationery account, whereas there is not much amount left for employee travel expenses.

  Sam instructs the budget analyst John to transfer 80% of the stationery account to the travel expenses account.

  While transferring the amount, John encountered errors and approached Sam for a resolution. Sam reviews the situation and clarifies it to John.

  Choose what Sam would have explained to John.

  A. There must be some budgetary control enabled on the travel expenses, and a transfer can be made only after a funds check.
  B. There must be some budgetary control enabled on the stationery account, and a transfer can be made only after a funds check.
  C. There must be some budgetary control enabled on the stationery and travel expenses accounts, and a transfer can be made only after a funds check.
  D. It is not possible to transfer amount from one account to another unless the absolute amount is known. So John should have calculated 80% of the stationery account and then tried to make the transfer.
  B. There must be some budgetary control enabled on the stationery account, and a transfer can be made only after a funds check.

• Question 192:

  Which two parameters facilitate cross organization reports in a Multi-Org environment? (Choose two.)

  A. Ledger
  B. Legal Entity
  C. Operating Unit
  D. Reporting Level
  E. Reporting Context
  D. Reporting Level
  E. Reporting Context

• Question 193:

  Which two are true about elimination? (Choose two.)

  A. You can define balancing options for eliminating entries.
  B. You can define an elimination set to contain one elimination entry.
  C. Currency is an optional component when defining an elimination set.
  D. You must specify an elimination company in the Elimination Sets window.
  A. You can define balancing options for eliminating entries.
  B. You can define an elimination set to contain one elimination entry.

• Question 194:

  Choose three required steps while performing the accounting setup in the Accounting Setup Manager. (Choose three.)

  A. Define operating units.
  B. Update accounting options.
  C. Complete the accounting setup.
  D. Define intercompany balancing rules.
  E. Create the accounting setup structure.
  F. Assign balancing segment values to legal entities.
  B. Update accounting options.
  C. Complete the accounting setup.
  E. Create the accounting setup structure.

• Question 195:

  AB Company in the United Kingdom is a subsidiary of ABC Company in the United States. The majority of transactions done by AB Company are entered in GBP. At the end of the year, AB Company restates all its ledgers or balances to report at the headquarters in the US. What is this process called?

  A. Revaluation
  B. Translation
  C. Conversion
  D. Observation
  E. Alteration
  B. Translation

• Question 196:

  What standard functionality would you use to align attribute labels on a configuration screen to that they are evenly distributed vertically?

  A. Add spacers in the Configuration Layout and define spacer height
  B. Add read-only text area attributes in the layout with the required dimensions
  C. Add HTML attributes and use
  D. Use CSS
  C. Add HTML attributes and use

• Question 197:

  An administrator tries to change the document views on an attribute from a participant profile on a given step. But the attribute is not listed in the list of attributes that are available for editing.

  What are the two reasons for this behavior? (Choose two.)

  A. The attribute is a system attribute
  B. The attribute is being referenced in an active Hiding rule
  C. The attribute is not added to the layout
  D. The attribute is hidden on the Attribute Details page
  B. The attribute is being referenced in an active Hiding rule
  C. The attribute is not added to the layout

• Question 198:

  What two options do you have when searching for multiple parts on the Parts Administration page? (Choose two.)

  A. Use "*" and/or "?" as wildcards
  B. Type the start string of a part number. The search will return all parts starting with this text
  C. Use "_" and/or "%" as wildcards
  D. Use regular expressions (RegEx) to describe a search pattern
  E. You can leave the field empty, which will return all parts
  B. Type the start string of a part number. The search will return all parts starting with this text
  D. Use regular expressions (RegEx) to describe a search pattern

• Question 199:

  You have implemented a Commerce Constraint rule, which has an Advanced action. While testing, you find that the attribute values specified in the rule are not being constrained, even though the condition is always true. What are two reasons for this behavior? (Choose two.)

  A. The attribute is used as a condition for a Commerce Hiding rule
  B. Configuration was not deployed after the rule was implemented
  C. Commerce was not deployed after the rule was implemented
  D. The rule is inactive
  A. The attribute is used as a condition for a Commerce Hiding rule
  D. The rule is inactive

• Question 200:

  Identify the three reports that can be processed using the State Controller window. (Choose three.)

  A. Consolidation Audit
  B. Consolidations Journal
  C. Consolidation Financial
  D. Consolidation Exceptions
  E. Consolidation Balance Inquiry
  A. Consolidation Audit
  B. Consolidations Journal
  D. Consolidation Exceptions