1Z0-516 | What Tested 1Z0-516 braindumps Is?
Q381. Identify three modules that can be secured using the Operating Unit in Oracle E-Business Suite Release 12. (Choose three.)
A. Oracle Assets
B. Oracle Payables
C. Oracle Receivables
D. Oracle General Ledger
E. Oracle Cash Management
Answer: BCE
Q382. When you enter a journal, the journals in that batch _____.
A. Must share the same period
B. Must share the same currency
C. Must share the same accounting date
D. Must share both the same period and currency
E. Can have different periods, currencies, and accounting dates
Answer: A
Q383. Creating multiple scheduled payments allows you to issue partial payment of an invoice or to pay an invoice over multiple dates. Identify the one invoice field that is NOT used on the Scheduled Payments tabbed page.
A. due date
B. bank account
C. gross amount
D. trading partner
E. payment method
F. system hold reason
Answer: D
Q384. XYZ Company uses Oracle General Ledger. They have a practice of loading data from the legacy systems into the GL_INTERFACE table, from where they import it into Oracle General Ledger.
They have enabled four account segments. In the Key Flexfield Segments window, you find that:
Segment 1 corresponds to the SEGMENT1 column
Segment 2 corresponds to the SEGMENT2 column
Segment 3 corresponds to the SEGMENT4 column
Segment 4 corresponds to the SEGMENT5 column
Identify the columns of the GL_INTERFACE table with the data that must be populated.
A. Segment 1 in GL_INTERFACE.SEGMENT1, Segment 2 in GL_INTERFACE.SEGMENT2, Segment 3 in GL_INTERFACE.SEGMENT4, Segment 4 in GL_INTERFACE.SEGMENT5
B. Segment 1 in GL_INTERFACE.SEGMENT1, Segment 2 in GL_INTERFACE.SEGMENT2, Segment 3 in GL_INTERFACE.SEGMENT4, Segment 4 in GL_INTERFACE.SEGMENT3
C. Segment 1 in GL_INTERFACE.SEGMENT2, Segment 2 in GL_INTERFACE.SEGMENT3, Segment 3 in GL_INTERFACE.SEGMENT4, Segment 4 in GL_INTERFACE.SEGMENT5
D. Segment 1 in GL_INTERFACE.SEGMENT2, Segment 2 in GL_INTERFACE.SEGMENT3, Segment 3 in GL_INTERFACE.SEGMENT3, Segment 4 in GL_INTERFACE.SEGMENT4
Answer: A
Q385. Identify four options for Quick Payments. (Choose four.)
A. Create a check, save it, and print it later.
B. Select an invoice that has not been validated.
C. Select an invoice that has one or more holds.
D. Create a quick payment, and select an invoice regardless of the due date.
E. Create a quick payment, and select an invoice regardless of the payments terms.
F. Create and print a computer-generated payment to pay a supplier for one or more invoices.
Answer: ADEF
Q386. Select two steps that are NOT elements of creating a Financial Statement Generator (FSG) report in Oracle General Ledger (Choose two.)
A. Attach the fiscal calendar.
B. Define rows and columns.
C. Build a report by using rows and columns.
D. Specify the default ledger for ledger sets.
E. Determine which rows and columns make up your report.
Answer: AD
Q387. Identify three statements that are true for the automatic withholding tax process. (Choose three.)
A. Withholding tax type distributions are negative amounts.
B. The Withholding tax group can be assigned only to an invoice distribution.
C. Using automatic withholding tax, Payables creates the correct withholding tax distributions.
D. Withholding tax distributions are automatically created during invoice validation or during payment processing.
E. If an invoice with an associated withholding tax invoice is canceled, Payables automatically creates an invoice for the tax authority supplier to offset the amount of the withholding tax invoice.
Answer: CDE
Q388. After you define a credit analyst, you can modify any of the analyst's information, except _____.
A. Employee and group
B. Employee and username
C. Organization and territory
D. Cost center and employee
E. Username and organization
F. Group and group member role
Answer: B
Q389. Which two statements are true about invoicing rules and accounting rules? (Choose two.)
A. If a transaction has an invoicing rule, an accounting rule is optional.
B. If a transaction has an invoicing rule, an accounting rule is not allowed.
C. If a transaction has an invoicing rule, an accounting rule is also required.
D. Invoicing rules and accounting rules have no effect until invoices are paid.
E. Invoicing rules and accounting rules have no effect unless you choose the accrual method of accounting.
F. Invoicing rules determine when invoices are due. Accounting rules affect how invoices are accounted for.
Answer: CE
Q390. ABC.com, a Canadian subsidiary of a U.S. company, wants to have an adjusting period in addition to its 12 calendar month accounting periods. Its fiscal year end is March 31. It will use foreign currency translations for its financial reports to the U.S. parent company, beginning April 2006. The company wants to use accounting period names that show the calendar year, not fiscal year. It plans to go live beginning April 1, 2006 with conversion of 1 year historical GL balances (fiscal year ending March 31, 2006). Choose the most appropriate accounting calendar setup.
A. Period Type: Calendar. Accounting periods named: Apr-05 through Mar-07, with two adjusting periods named Adj-06 and Adj-07.
B. Period Type: Calendar. Accounting periods named: Apr-05 through Mar-07, with one adjusting period named Adj-06.
C. Period Type: Fiscal. Accounting periods named: Apr-05 through Mar-07, with two adjusting periods named Adj-06 and Adj-07
D. Period Type: Fiscal. Accounting periods named: Apr-05 through Mar-07, with two adjusting periods named Adj-05 and Adj-06.
E. Period Type: Fiscal. Accounting periods named: Apr-05 through Mar-07, with one adjusting period named Adj-06.
Answer: A