Oracle 1Z0-516 Online Practice Questions and Exam Preparation

Oracle 1Z0-516 Online Questions & Answers

• Question 71:

  Your client has requested that you set up a relationship type that would allow any party within the relationship to pay for the accounts of any other party. Identify the relationship group that you would assign your relationship type to, in order to accomplish this.

  A. Pay all
  B. Pay within
  C. Pay below
  D. Pay parties
  B. Pay within

• Question 72:

  XYZ Company has disabled the Receivables Profile Option "AR: Disable Receivable Activity Balancing Segment". What must be defined in order for the General Ledger Transfer process to execute without error?

  A. Gain account
  B. Revenue account
  C. Expense account
  D. Rounding account
  E. Suspense account
  E. Suspense account

• Question 73:

  You are setting up Receivable Accounting Events in Subledger Accounting. Identify the Event Entity.

  A. Invoices
  B. Deposits
  C. Guarantees
  D. Transactions
  E. Chargebacks
  D. Transactions

• Question 74:

  Select two features regarding the completion of a successful customer merge in Oracle

  Receivables that support ongoing customer data cleansing efforts after go-live. (Choose two.)

  A. Customer merge activity can be reversed after the merge process.
  B. Bank details for the merge-from customer remains available after the merge process.
  C. Duplicate parties are repointed to the surviving party after the customer merge process.
  D. Duplicate customers are repointed to the surviving customer after the customer merge process.
  E. Customer sites associated with the old customer or site are associated with the new customer or site after the customer merge process.
  F. Customer transactions or audit transactions details for the merge-from customer remain available for reprinting after the customer merge process.
  D. Duplicate customers are repointed to the surviving customer after the customer merge process.
  E. Customer sites associated with the old customer or site are associated with the new customer or site after the customer merge process.

• Question 75:

  Select two restrictions that apply to consolidating budget balances. (Choose two.)

  A. If the source and target budgets share the same calendar, you must consolidate a specific period to a specific period.
  B. If the source and target budgets share the same start period, you must consolidate a specific period to a specific period.
  C. If the source and target budgets do not share the same ledger, you must consolidate a specific period to a specific period.
  D. If the source and target budgets do not share the same calendar, you must consolidate a specific period to a specific period.
  E. If the source and target budgets do not share the same start period, you must consolidate a specific period to a specific period.
  D. If the source and target budgets do not share the same calendar, you must consolidate a specific period to a specific period.
  E. If the source and target budgets do not share the same start period, you must consolidate a specific period to a specific period.

• Question 76:

  When designing an integration with an ERP system, you must communicate with a third party integration tool (such as a middleware or a hub).

  Which three methods can be used to communicate with a middleware in this scenario? (Choose three.)

  A. Automated FTP
  B. DataCube Reporting
  C. urldata function call in a Commerce Advanced Modification BML function
  D. Commerce Integration Cloud Service Integration on an Action
  E. Formula Management
  F. Send XML on a Transition Rule via Real Time Integration
  G. Commerce Integration XSLs on an Action
  C. urldata function call in a Commerce Advanced Modification BML function
  D. Commerce Integration Cloud Service Integration on an Action
  F. Send XML on a Transition Rule via Real Time Integration

• Question 77:

  Which two scenarios can be automated with File Transfer Protocol (FTP)? (Choose two.)

  A. An administrator needs to bulk update attachments on a multiple Commerce Transactions
  B. Every month, an administrator needs to apply changes requested by the marketing department on descriptions for parts in CPQ Cloud
  C. An administrator needs to update Configuration Attribute Value Pricing on a Model and deploy the changes
  D. Every night, an administrator queries the inventory database and updates a CPQ Cloud data table with the new inventory levels
  B. Every month, an administrator needs to apply changes requested by the marketing department on descriptions for parts in CPQ Cloud
  D. Every night, an administrator queries the inventory database and updates a CPQ Cloud data table with the new inventory levels

• Question 78:

  Your customer wants to create a user that has complete access to the site and has the ability to add and edit new users. Which procedure should you follow to accomplish this?

  A. Click the Add button on the User Administration List page; enter values for the required fields (Login, Email, and First Name); set the Type field to FullAccess; click the Add button to add the user to the system; click the new user's name on the User Administration List page to edit the user, select the Create/Modify Users check box; and click the Update button to save the changes.
  B. Click the Add button on the User Administration List page, set the Type field to Admin, click the Add button to add the user to the system, click the new user's name on the User Administration List page to edit the user, select the Create/ Modify Users check box, and click the Update button to save the changes.
  C. Click the Add button on the User Administration List page; enter values for the required fields (Login, Email, and First Name); set the Type field to FullAccess; select the Create/Modify Users check box, and click the Add button to add the user to the system.
  D. Click the Add button on the User Administration List page; enter values for the required fields (Login, Email, and First Name); click the Add button to add the user to the system; click the new user's name on the User Administration List page to edit the user; select the Create/Modify Users check box; and click the Update button to save the changes.
  E. Click the Add button on the User Administration List page; enter values for the required fields (Login, Password, Email, First Name, Last Name, and Phone Number); set the Type field to Admin; click the Add button to add the user to the system; click the new user's name on the User Administration List page to edit the user; select the Add New Users check box; and click the Add button to save the changes.
  C. Click the Add button on the User Administration List page; enter values for the required fields (Login, Email, and First Name); set the Type field to FullAccess; select the Create/Modify Users check box, and click the Add button to add the user to the system.

• Question 79:

  When you assign a template to a rule in Bill Presentment Architecture, you enter a range of ___.

  A. Data sources
  B. Transaction types
  C. Transaction dates
  D. Customer accounts
  C. Transaction dates

• Question 80:

  Identify two standard ways to modify the overall integration behavior of CPQ Cloud and Salesforce. (Choose two.)

  A. Use the Site Setup object and CPQ Cloud Commerce Package settings in Salesforce to meet varying customer requirements
  B. Write a Salesforce API to change integration behavior in CPQ Cloud
  C. Use the integration XSLs within the Commerce process to modify integration behavior at the object and field levels
  D. Write a custom BML Util library function in CPQ Cloud
  A. Use the Site Setup object and CPQ Cloud Commerce Package settings in Salesforce to meet varying customer requirements
  C. Use the integration XSLs within the Commerce process to modify integration behavior at the object and field levels