1Z0-516 | All About Download 1Z0-516 examcollection
Q421. Select two statements that are true about ledgers in Oracle General Ledger. (Choose two.)
A. Each accounting setup requires a primary ledger.
B. Each accounting setup requires a primary ledger and a reporting ledger.
C. Each accounting setup requires a primary ledger and an adjustment-only secondary ledger.
D. Each accounting setup optionally requires one or more secondary ledgers and reporting currencies.
Answer: AD
Q422. Identify four components of the Fusion Business Intelligence Embedded Dashboard. (Choose four.)
A. Real-time chat link
B. Multiple currencies
C. Flexible time periods
D. Multiple data widgets
E. Web conferencing link
F. Key Performance Indicators
Answer: BCDF
Q423. ABC Corp. wants to capture additional information about the Invoice Header in Oracle Payables. It wants to use multiple Descriptive Flexfield (DFF) structures and requires the appropriate structure to default automatically based on the Vendor Type selected on the Invoice. Choose a method to implement this DFF.
A. Define a Value Set for each Vendor Type.
B. Define a DFF Context for each Vendor Type.
C. Define a DFF Segment for each Vendor Type.
D. Define a Global Segment for each Vendor Type.
E. Define a DFF Context for each Vendor Type and set the Reference field as Vendor Type.
Answer: E
Q424. You are on the road traveling to an OAUG conference. You have received a notification in plain text on your mobile device to approve PO requisition from the Oracle E-Business Suite Release 12 instance. Identify the key information in your reply email that is required to process your response.
A. Your reply message must include approval comments.
B. Your reply message must include electronic signature from your mobile device.
C. Your reply message must include Notification ID and Access key from the original notification.
D. Your reply message must include Notification ID and PO requisition number from the original notification.
E. Your reply message must include your login password to the Oracle E-Business Suite Release 12 instance.
Answer: C
Q425. ABC.com has many Financial Statement Generator reports created to produce Profit & Loss statements and Balance Sheet reports. Occasionally ABC.com has a need to run a report that is slightly different than the standard ones that are already created. Which two types of changes could XYZ make using the Row Order feature? (Choose two.)
A. display segment values and descriptions
B. add a new calculation
C. change how rounding options are performed
D. sort based on column values
Answer: AD
Q426. Identify three Payables system setup options. (Choose three.)
A. bill-to location
B. always take discount
C. allow void and reissue
D. create interest invoice
E. application accounting definitions
Answer: BCD
Q427. Identify three features of Oracle Workflow. (Choose three)
A. Enhances data security
B. Helps you in maintaining business processes
C. Helps you in keeping track of individual business transactions
D. Starts workflow processes as a result of an inbound message
E. Captures exceptions during workflow execution and takes relevant actions
F. Integrates business functions only between business processes within a single Oracle E-Business Suite instance
Answer: BDE
Q428. There are many fields with important data displayed on the main page of the Payables Overview window. Which three fields do NOT appear in the Payables Overview main window? (Choose three.)
A. Terms
B. Paygroup
C. Trading Partner
D. Settlement Date
E. Remit-To Bank Account Name
Answer: ABE
Q429. A clerk from ABC Inc., receives a customer receipt that does not have sufficient information to identify the customer or invoice. Which is the correct method of entering the receipt in Oracle Accounts Receivable?
A. Enter the receipt as an unapplied receipt.
B. Enter the receipt as an unidentified receipt.
C. Enter the receipt as an on-account receipt.
D. Enter the receipt as a miscellaneous receipt.
E. Enter the receipt by applying it to a dummy customer account.
Answer: B
Q430. When summary account templates are associated with the check-level advisory of budgetary control funds, what two actions must you perform? (Choose two.)
A. The formula must be identified.
B. The currency must be identified.
C. The amount type must be identified.
D. A debit or credit balance type must be assigned.
Answer: CD