Oracle 1Z0-516 Online Practice Questions and Exam Preparation

Oracle 1Z0-516 Online Questions & Answers

• Question 241:

  Identify the two benefits of using Multi-Org Access Control. (Choose two.)

  A. View asset information across multiple asset books.
  B. Restrict access to users based on their Organization assignments.
  C. Submit and view data across different Ledgers using a single responsibility.
  D. Enter Payables invoices for different Operating Units using a single responsibility.
  E. View Consolidated requisitions across Operating Units using a single responsibility.
  D. Enter Payables invoices for different Operating Units using a single responsibility.
  E. View Consolidated requisitions across Operating Units using a single responsibility.

• Question 242:

  A global company uses Oracle E-Business Suite Release 12 for its operations in the U.S. and Canada. The company is now adding Mexico to the Oracle E-Business Suite Release 12 Applications. As a system administrator, you need to set

  the MO: Operating Unit profile option for Mexico. Customer is not using Multi-Org Access Control. You set the MO:

  Operating Unit profile option at the _____ level.

  A. Site
  B. User
  C. Application
  D. Responsibility
  D. Responsibility

• Question 243:

  You created an invoice with one line item of $100 and a tax of $10. This line item is credited with an applied credit memo of $50. What is the credit to the tax line?

  A. $5
  B. $1
  C. $10
  D. $20
  A. $5

• Question 244:

  Your customer ABC Inc., has headquarters in San Diego, CaliforniA. The billing function is performed in St. Louis, Missouri. It has a plant in Baltimore, Maryland, a warehouse in Richmond, Virginia, and an assembly line in Nashville, Tennesse. John Thomas, plant supervisor at Baltimore, orders equipment from you to be shipped to the assembly line in Nashville. Later, the assembly line in Nashville will send the equipment to the warehouse in Richmond. Identify the state sales tax to apply to this invoice.

  A. Virginia
  B. Missouri
  C. Maryland
  D. California
  E. Tennessee
  E. Tennessee

• Question 245:

  Select the three options available when creating the Security profile for Multi-Org Access Control. (Choose three.)

  A. View all Organizations
  B. Secure by Business Groups
  C. Secure by Inventory Organizations
  D. Secure by Operating Unit and Inventory Organization
  E. Secure Organizations by Organization list and/or hierarchy
  A. View all Organizations
  D. Secure by Operating Unit and Inventory Organization
  E. Secure Organizations by Organization list and/or hierarchy

• Question 246:

  Your users receive a notification for a transaction from CPQ when an approval has been retracted and is no longer needed.

  The notification contains a generic message about this action. However, users would like to get more details about the transaction.

  What is the Oracle-recommended best practice to fulfill this requirement in CPQ?

  A. Switch the system-generated email-to-email template, which will include the desired transaction information when approvers are notified.
  B. Trigger an email action to notify users by custom defining the email's subject and body, which contain the transaction details, by using the advanced function available in the Revise action.
  C. When a transaction needs to be revised, allow the transaction owner to send a parallel email to approvers, which should include the necessary transaction details.
  B. Trigger an email action to notify users by custom defining the email's subject and body, which contain the transaction details, by using the advanced function available in the Revise action.

• Question 247:

  Select two correct journal types to be used based on the context provided. (Choose two.)

  A. Company E wants to track availability of funds against budgets. Use encumbrance journals.
  B. Company D wants to track availability of funds against budgets. Use budget journals
  C. Company B wants to track floor space and other physical attributes. Use statistical journals.
  D. Company A wants to track floor space and other physical attributes for Mass Allocation. Use encumbrance journals.
  A. Company E wants to track availability of funds against budgets. Use encumbrance journals.
  C. Company B wants to track floor space and other physical attributes. Use statistical journals.

• Question 248:

  A customer sets up a BOM mapping for a Configuration model using a single simple Table-Based BOM Mapping Configuration rule, as well as the BOM Item Definition and BOM Item Mapping Tables. When reviewing their implementation,

  they notice the following:

  The BOM Root Items Administration List shows the root BOM item and its child BOM items correctly. No errors are displayed. (Accessed from Admin > Products > BOM > BOM Root Items List)

  The BOM Mapping Administration List shows no root BOM item or child BOM items. No errors are displayed. (Accessed from the BOM Mapping rule's "Save and View Details" button)

  Which filed have they incorrectly populated in their BOM Mapping Tables?

  A. "Configurable Attribute Variable Name" in the BOM Item Mapping Table
  B. "Parent BOM Map Variable Name" in the BOM Item Mapping Table
  C. "Root Variable Name" in the BOM Item Definition Table
  D. "Parent Variable Name" in the BOM Item Definition Table
  E. "Part Number" in the BOM Item Definition Table
  F. "BOM Item Variable Name" in the BOM Item Mapping Table
  D. "Parent Variable Name" in the BOM Item Definition Table

• Question 249:

  Select three true statements about mapping rules. (Choose three.)

  A. Up to two rollup rules are possible.
  B. You can define a combination of segment values and account rules.
  C. Mapping sets enable you to transfer data from multiple subsidiaries simultaneously.
  D. There are only two mapping rule actions consisting of copy value from and assign value from.
  E. A rollup rule indicates to General Ledger what detail level of information to transfer and how to roll that information up to the parent.
  B. You can define a combination of segment values and account rules.
  C. Mapping sets enable you to transfer data from multiple subsidiaries simultaneously.
  E. A rollup rule indicates to General Ledger what detail level of information to transfer and how to roll that information up to the parent.

• Question 250:

  XYZ Corp. has operations in the U.S. and Canada. Within Canada, it has two separate Divisions due to Statutory requirements: one in Quebec and another in Ontario. How would you define the organization structure for XYZ Corp. from the information given above?

  A. two Ledgers, two Legal Entities, and two Operating Units
  B. two Ledgers, two Legal Entities, and three Operating Units
  C. two Ledgers, three Legal Entities, and two Operating Units
  D. two Ledgers, three Legal Entities, and three Operating Units
  E. three Ledgers, three Legal Entities, and three Operating Units
  D. two Ledgers, three Legal Entities, and three Operating Units