1Z0-516 | Far out 1Z0-516 Exam Study Guides With New Update Exam Questions
Q131. Identify two statements that apply to Oracle Collections. (Choose two.)
A. It is a Web-based self-service application.
B. It can be used to place an invoice in dispute.
C. It enables customers to see their own Oracle Receivables account information, such as balances.
D. It can be used to initiate the Oracle Approvals Management (AME) credit memo request workflow from Oracle Collections.
Answer: BD
Q132. You can enter and view dates in any valid format in Oracle E-Business Suite Release 12. You can also enter and view numbers with either the period (full stop) character or comma as the decimal separator. Regardless of the various formats that can be used to enter dates and numbers, the actual values are stored in the database in the _____.
A. UTF8 format
B. ASCII format
C. US7ASCII character set
D. Standard number format
E. Uniform canonical format
Answer: E
Q133. Identify four consolidation tools. (Choose four.)
A. Interface Data Transformer
B. Global Consolidation System
C. Global Intercompany System
D. Financial Statement Generator
E. Applications Desktop Integrator
Answer: ABDE
Q134. Where does the expense AP accrual account used in the Period End Accrual process default from?
A. Financial Options
B. Payables Options
C. Receiving Options
D. Purchasing Options
Answer: D
Q135. Data Security is a layer of Access Control and builds on _____.
A. Functional Security
B. Registration Processes
C. Delegated Administration
D. Self Service and Approvals
E. Role-Based Access Control
Answer: A
Q136. Identify three processes that you must run before closing your Payables period. (Choose three.)
A. Expense Report Export
B. The Create Accounting program
C. Payables Open Interface Import
D. Period Close Exceptions Report
E. The Transfer Journal Entries to GL program
Answer: BDE
Q137. Which form can you use to set up automatic transaction numbering?
A. Profile Options
B. System Options
C. Transaction Types
D. Transaction Sources
Answer: D
Q138. Which option describes a group of segments?
A. Values
B. Value set
C. Flexfield structure
D. Both structure and values
Answer: C
Q139. Here is a description of a report, file, or register. Use this to review payments created for each bank account that you use during a time period you specify. The report lists each payment, as well as total payment amount and cleared amount of all payments. Identify the name of this standard report.
A. Positive Pay File
B. Payment Register
C. Payment Exceptions Report
D. Payment Process Request Status Report
Answer: B
Q140. Data Security Grants are used to provide users access to specific objects or functions. A grantee defines who is being granted access. The grantee can be one of three types. Identify the three types. (Choose three.)
A. A specific user
B. A group of users
C. All users, except guest accounts
D. All users, including guest accounts
E. All users across multiple instances
Answer: ABC