1Z0-516 | The Leading Guide To 1Z0-516 dumps
Q361. Which five options are available when scheduling a Periodic concurrent request in Oracle E-Business Suite Release 12? (Choose five.)
A. Day(s)
B. Year(s)
C. Hour(s)
D. Week(s)
E. Month(s)
F. Minute(s)
G. Second(s)
Answer: ACDEF
Q362. You just received an invoice for a new supplier. You need to pay it and ensure that all accounting entries are created in General Ledger. You perform these steps, in the order shown:
1. Enter the supplier.
2. Enter the invoice.
3. Create the pay run.
4. Create payment accounting entries.
5. Validate the invoice.
6. Create invoice accounting entries.
7. Transfer the information to General Ledger.
What would be the result?
A. The invoice is not paid and no entries are created in General Ledger.
B. The invoice is paid and all accounting entries are created in General Ledger.
C. The invoice is not paid but the invoice accounting entry is created in General Ledger.
D. The invoice is paid but only the invoice accounting entry is created in General Ledger.
Answer: C
Q363. Identify three actions that you can perform using Oracle Alerts. (Choose three.)
A. Send an email message.
B. Submit a concurrent request.
C. Restart concurrent managers.
D. Run an operating system script file of any size.
E. Run an operating system script file of size less than 32 K.
Answer: ABE
Q364. Identify three features of Daily Business Intelligence. (Choose three.)
A. Provides a cross-enterprise reporting capability
B. Requires a data warehouse setup for its implementation
C. Creates a separate subset of transactions in a new database
D. Is based on a single, transactional database for all products and customers
E. Provides planning, execution, and reporting capabilities to optimize business performance
Answer: ADE
Q365. Where do you define the attribute that determines whether you will accrue expense items at receipt or at period end?
A. System Options
B. Financial Options
C. Payables Options
D. Purchasing Options
E. Payables System Setup Options
Answer: D
Q366. XYZ Limited has hired Jack as the Oracle General Ledger implementation consultant.
Select three steps that are required for creating a new accounting structure. (Choose three.)
A. Define jurisdictions.
B. Define period types.
C. Assign legal entities.
D. Save the accounting structure.
E. Define accounting representations.
F. Define subledger accounting methods.
Answer: CDE
Q367. Identify three statements that are true for E-Business Tax. (Choose three.)
A. E-Business Tax transactions are strictly controlled and cannot be changed.
B. E-Business Tax provides seeded tax registration types for local organizations.
C. E-Business Tax provides a single point solution for managing your transaction-based tax requirements.
D. E-Business Tax provides a common model for setting up tax data for tax determination and tax calculation.
E. E-Business Tax uniformly delivers tax services to all E-Business Suite business flows through one application interface.
Answer: CDE
Q368. Which two statements are true about defining payment documents? (Choose two.)
A. Checks and electronic payments are examples of payment documents.
B. Credit and debit memos and checks are examples of payment documents.
C. You can create only one payment document for each internal bank account.
D. You must create at least one payment document before you can use a bank account to create invoice payments.
E. Use the Payment Documents window to define payment documents for internal, customer, and supplier bank accounts.
Answer: AD
Q369. ABC Company in the United Kingdom has three subsidiaries in three different countries. It consolidates the accounts of all subsidiaries and the headquarters by using the average balances.
John is new to Oracle General Ledger. He has just joined ABC Company. He needs to consolidate for the current month. On completion of the consolidation, John was not able to tally the consolidated figures with the ledgers. Select two reasons why John failed to see the correct balances. (Choose two.)
A. Posting of the consolidation journals may have failed.
B. He forgot to add the prior periods consolidation in the current period.
C. Manual adjustment needed after every consolidation was not performed.
D. John may not have reversed the prior periods consolidation in the current period.
Answer: AD
Q370. What does the elimination program enable you to do? (Choose all that apply.)
A. eliminate average balances
B. eliminate intercompany balances for fully reciprocating elimination that repeat every accounting period
C. create journal entries for all values in the source account to zero them out and post them to a target account
Answer: BC