1Z0-516 | All About Accurate 1Z0-516 exam dumps


Q231. Access Control is implemented in layers. Each layer builds upon the one that precedes it. Identify three correct statements about precedence of access control layers. (Choose three.) 

A. Data Security precedes Functional Security. 

B. Data Security precedes Role-Based Access Control. 

C. Delegated Administration precedes Registration Processes. 

D. Registration Processes precedes Self Service and Approvals. 

E. Self Service and Approvals precedes Role-Based Access Control. 

Answer: BCD

Q232. Select the three true statements about mapping rules. (Choose three.) 

A. There are only two mapping rule actions: 1. Copy Value from; 2. Assign Value from 

B. Mapping sets enable you transfer data from multiple subsidiaries simultaneously. 

C. A rollup rule tells General Ledger what detail level of information to transfer and how to roll that information up to the parent. 

D. You can define a combination of segment values and account rules. 

E. There are only three rollup rules: 1. Transfer Level Detail - Using Detail Ranges; 2. Transfer Level Detail - Using Parent; 3. Transfer Level Summary - Using Parent 

Answer: BCD

Q233. Revenue accounts can be viewed only by the head of the Finance team, who has a GL Superuser responsibility. She has successfully created a standard Profit and Loss statement for the company. Another member of the department with a General Ledger Supervisor responsibility has been asked to run the standard Profit and Loss statement for Feb-06. The report shows only the expenses accounts. Which two steps should she perform so that the Profit and Loss statement will run successfully? (Choose two.) 

A. Ask to have security removed from her responsibility. 

B. Ask to have the profile option FSG: Enforce Segment Value Security changed to No. 

C. Recreate the Profit and Loss under her own responsibility. 

D. Perform an on-line inquiry to get the revenue balances. 

Answer: AB

Q234. Identify three statements that are true regarding functions and menus. (Choose three.) 

A. Functions can be excluded at any level. 

B. Excluding a menu excludes all its child functions. 

C. Excluding a menu does not exclude the functions nested in that menu. 

D. Excluding a menu excludes all the functions and menus nested in that menu. 

E. Excluding a function does not exclude all occurrences of that function from the responsibility's menu structure. 

Answer: ABD

Q235. There are three invoice correction methods: underinvoicing, overinvoicing, and invalid transactions. Which option lists all the correct underinvoicing choices? 

A. Void, delete 

B. Void, delete, re-create invoice 

C. Update invoice, create a debit memo, perform an adjustment 

D. Update invoice, create a credit memo, create an on-account credit memo, perform an adjustment, refund 

Answer: C

Q236. You have been asked by the HR Manager to define Oracle Alert to show all employees terminated in the past six months. Identify three pieces of information that is required to define this Alert. (Choose three.) 

A. Actions that you want Alert to perform 

B. Frequency with which you want to run this Alert 

C. A SQL statement that retrieves terminated employees 

D. Name of the concurrent program to be run after Alert runs 

E. Database table name, which stores employee information to specify in the Event Details section 

Answer: ABC

Q237. BT Inc. is implementing Oracle Accounts Receivable to interface with an external non-Oracle legacy billing system. The client wants Receivables to generate accounting entries, instead of sending accounting data through the interface. Identify four setup items that are used by Receivables to generate the General Ledger (GL) code combinations. (Choose four.) 

A. AutoAccounting 

B. Transaction type 

C. Accounting rules 

D. Transaction source 

E. Customer bill-to site 

F. Standard memo line 

Answer: ABEF

Q238. ABC Corporation has closed their APR-XX accounting period. The APR-XX period started on 27-MAR-20XX and ended on 26-APR-20XX. To ensure that all accounting from APR-XX has been sent to General Ledger, they must run two Trial Balance Reports, the Posted Invoice Register, and the Posted Payment Register. What dates must be used to run Accounts Payable Trial Balance Reports? 

A. one run for 26-MAR-20XX and one for 26-APR-20XX 

B. one run for 01-APR-20XX and one for 30-APR-20XX 

C. one run for 27-MAR-20XX and one for 26-APR-20XX 

D. one run for 31-MAR-20XX and one for 30-APR-20XX 

Answer: A

Q239. Identify the two invoice types processed by the Payables Open Interface process. (Choose two.) 

A. standard 

B. prepayment 

C. debit memos 

D. credit memos 

Answer: AD

Q240. A company wants to secure its employee information by three regions: EMEA, AMERICAS, and APAC. This would entail the creation of three _____. 

A. Legal Entities 

B. Operating Units 

C. Business Groups 

D. HR Organizations 

E. Inventory Organizations 

Answer: C