1Z0-516 | 10 Tips For Up to the minute 1Z0-516 examcollection
Q401. Symba Manufacturing International has a requirement to match Cost of Goods Sold (COGS) and Revenue. They have asked your help in implementation. In this context, which two dependencies and interactions are true? (Choose two.)
A. Cost Management performs COGS recognition (or Cost Accounting).
B. Cost Management integrates with Oracle Receivables for invoice creation.
C. Cost Management integrates with Oracle Receivables for revenue information.
D. Cost Management provides order and return information to Oracle Receivables.
E. Cost Management notifies Oracle Receivables when an order is closed without billing.
Answer: AC
Q402. 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.
Answer: AB
Q403. Which four does Oracle Consolidation enable you to consolidate? (Choose four.)
A. multiple subsidiaries with different calendars to one parent set of books
B. multiple subledgers such as Oracle Payables and Oracle Receivables to one parent subledger
C. multiple subsidiaries with different currencies to one parent set of books
D. multiple subsidiaries with same calendar to one parent set of books
E. multiple subsidiaries to one parent set of books
Answer: ACDE
Q404. Oracle Fusion Intelligence Release 12 is a set of new Application products and one of the first of the Fusion Applications. Select four features that Oracle Fusion Intelligence Release 12 provides. (Choose four.)
A. Guided drilldown
B. Integrated security
C. Workflow notifications
D. Guided navigation and action links
E. Extends and configures Key Performance Indicators
Answer: ABDE
Q405. You have the following information:
The Accounting flexfield structure is "company, department, product, account." Product has two rollup groups: domestic and international. Department has one rollup group: manufacturing. All accounting flexfield segment values can use alphanumeric characters.
Which summary account template would Oracle General Ledger fail to create? (D: Detail)(T: Total)
A. T-T-T-T
B. T-D-D-D
C. D-D-D-D
D. D-T-domestic-D
E. D-manufacturing-D-T
F. T-manufacturing-international-D
Answer: C
Q406. After registering new data sources, you must complete your Bill Presentment Architecture by creating database views. How many database views can you create for each data source?
A. One
B. Nine
C. Three
D. Unlimited
Answer: D
Q407. Expense reports for Company A are entered in Payables using the Expense Report form. The accounting flexfield has a three-segment structure:
Company - Cost Center - Account
The employee GL account on the expense report is populated from the employee record. The company and the cost center for the expense lines are derived from the GL account. The account segment value could vary for every line on the expense report. Identify the approach you recommend to Company A for fast and accurate entry of expense reports.
A. Enter the expense report header. Enter lines. Enter all segment values for each expense report line.
B. Enter the expense report header. Enter lines. Override the account segment value for each line as required.
C. Create expense report templates. Enter the account segment value for each line on the template. Leave the other segment values empty. Use the template lines when entering the expense report.
Answer: C
Q408. For each subledger there should be one _____.
A. Account Type
B. Journal Category
C. Journal Type
D. Journal Source
Answer: D
Q409. Which three are true about the Global Consolidation System? (Choose three.)
A. consolidates data from legacy feeder system
B. consolidation process creates consolidated journal entries in both parent and subsidiary sets of books
C. performs multidimensional analysis of consolidated financial data using Oracle Financial Analyzer
D. automatically generates journal entries to eliminate intercompany balances based on defined rules
Answer: ACD
Q410. The database tier for the Oracle E-Business Suite Release 12 file system is stored in several toplevel directories. One of these directories is DATA_TOP located on the database node machine. Which three components are stored in the DATA_TOP directory? (Choose three.)
A. Redo log files
B. Oracle Home
C. Index tablespaces
D. Product directories
E. System tablespaces
Answer: ACE