1Z0-516 | A Review Of Refined 1Z0-516 dumps
Q251. John has set up a Context to capture additional information on the Invoice Lines DFF in Oracle Payables. He used Attributes 5, 6, 7, and 9 for this Context. Now he wants to capture additional information using global segments in the same DFF. Select two Attributes that John can use to set up "Global Data Element" segments. (Choose two.)
A. 5
B. 6
C. 7
D. 8
E. 9
F. 10
Answer: DF
Q252. Which three statements are true about AutoAccounting? (Choose three.)
A. You define AutoAccounting before you enter transactions in Receivables.
B. AutoAccounting does not allow you to override default accounts in the Transactions Distribution window.
C. AutoAccounting allows you to flexibly define the default account mapping for each segment in your chart of account structure.
D. AutoAccounting is used to determine default general ledger accounts for manual invoices and for invoices created by AutoInvoice.
Answer: ACD
Q253. Which profile option must be enabled to allow you to change the tax code on the transaction line in Receivables?
A. eBtax: Allow Manual Tax Lines
B. eBtax: Inventory item for Freight
C. eBtax: Allow Ad Hoc Tax Changes
D. eBtax: Allow Override of Customer Exemptions
Answer: C
Q254. 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
Answer: D
Q255. To transmit an electronic payment instruction manually, perform these four steps.
1. In the Payments Manager, select the Payment Instruction tab.
2. In the Status field of the Search region, select Formatted - Ready for Transmission and click the Go button.
3. For the applicable payment instruction, click the Take Action icon. The Transmit Payment Instruction: <number> page is displayed.
4. From the Actions drop-down list, select Transmit and click the Go button. Arrange the steps in the proper sequence they would be performed.
A. 1, 3, 2, 4
B. 1, 2, 3, 4
C. 1, 3, 4, 2
D. 2, 3, 4, 1
Answer: B
Q256. Tax on Receivables invoices are posted to different General Ledger (GL) accounts by taxing authorities in your primary ledger. For example, one GL account (2501) for California tax and one (2502) for VirginiA. There is a regulatory requirement for tax on Receivables invoices to be posted to one account (2550) in your secondary ledger. Where would you set up the accounting rules for this requirement?
A. Oracle Payables
B. Oracle Receivables
C. Oracle General Ledger
D. Oracle E-Business Tax
E. Oracle Subledger Accounting
Answer: E
Q257. To create a party paying relationship, the relationship type must be hierarchical and the party type must be _______.
A. Child
B. Parent
C. Person
D. Organization
E. Person or organization
Answer: D
Q258. Identify four products in the Oracle Applications Technology Layer. (Choose four.)
A. Oracle Tutor (TU)
B. Oracle Workflow (WF)
C. Oracle Applications DBA (AD)
D. Oracle Application Utilities (AU)
E. Oracle Applications Framework (FWK)
F. Oracle Daily Business Intelligence (DBI)
Answer: BCDE
Q259. Which two statements are true about the features of Daily Business Intelligence? (Choose two.)
A. Key Performance Indicators cannot be disabled.
B. The data that has changed since the last refresh is updated.
C. Parameters regulate user access to content and functionality.
D. Incremental refresh capabilities of Oracle Database are leveraged.
Answer: BD
Q260. During a period, several preapproved batches of miscellaneous transactions were entered and released. The project manager informs you that he is unable to view the accounting in the expenditure inquiry form. Which process was likely omitted?
A. streamline costs
B. distribute costs
C. interface costs
D. tieback costs
Answer: B