1Z0-516 | All About Real 1Z0-516 pdf
Q371. Which two statements are correct regarding a table-validated Value Set? (Choose two.)
A. A table-validated Value Set does not provide a predefined list of values.
B. You use a table-validated Value Set when you have a set of values that is already maintained in an application table.
C. You cannot define a table that you want to use when defining the table-validated Value Set.
D. You can use a SQL query to retrieve all the approved values from the table when defining the table-validated Value Set.
Answer: BD
Q372. Identify three features of Key Flexfields. (Choose three.)
A. Key Flexfields are used as identifiers for entities.
B. The Key Flexfield structure comprises Segments.
C. A Key Flexfield structure consists of multiple code combinations.
D. Key Flexfields appear as a single-space field enclosed in brackets.
E. Each segment of a Key Flexfield usually contains meaningful information.
Answer: ABE
Q373. Choose the correct sequence of the budget accounting cycle in Oracle applications.
A) Freeze budgets.
B) Define budgets and budget organization.
C) Review and correct budgets.
D) Report on budgets.
E) Enter budget amounts.
A. E, D, C, B, A
B. B, E, C, D, A
C. A, B, C, D, E
D. E, A, B, C, D
E. B, E, C, A, D
Answer: E
Q374. Sam, the CFO of XYZ Company, finds that in the expenditure budget of the current year, there are many funds available in the stationery account, whereas there is not much amount left for employee travel expenses. Sam instructs the budget analyst John to transfer 80% of the stationery account to the travel expenses account. While transferring the amount, John encountered errors and approached Sam for a resolution. Sam reviews the situation and clarifies it to John. Choose what Sam would have explained to John.
A. There must be some budgetary control enabled on the travel expenses, and a transfer can be made only after a funds check.
B. There must be some budgetary control enabled on the stationery account, and a transfer can be made only after a funds check.
C. There must be some budgetary control enabled on the stationery and travel expenses accounts, and a transfer can be made only after a funds check.
D. It is not possible to transfer amount from one account to another unless the absolute amount is known. So John should have calculated 80% of the stationery account and then tried to make the transfer.
Answer: B
Q375. After creating a number of Financial Statement Generator reports, ABC Company wants a list of the definitions for one specific account. Identify the report that would provide this information.
A. FSG Attribute Listing
B. FSG Where Used Report
C. FSG Report Detail Listing
D. FSG Content Set Detail Listing
E. FSG Content Summary Listing
Answer: B
Q376. ABC Corp. wants to track and analyze call volumes in its enterprise call centers. Which Daily Business Intelligence product can help achieve this objective?
A. Sales Intelligence
B. Quoting Intelligence
C. Interaction Center Intelligence
D. Service Contracts Intelligence
Answer: C
Q377. John, the rates manager at ABC Company in the USA, is in charge of maintaining currency rates for the entire company. John had defined the rates for GBP to USD and GBP to Indian Rupee (INR) only. Sam, the company accountant, is worried that he would not be able to execute transactions involving USD and INR currencies. What does John say to help Sam?
A. Currency Rates Manager automatically converts all transactions entered in INR to USD.
B. Currency Rates Manager automatically converts all transactions entered in INR to GBP first and then to USD.
C. Currency Rates Manager automatically performs the calculation between USD and INR on the basis of cross-rate rules.
D. Sam must manually define the USD to INR rates first, to be able to enter transactions involving USD and INR currency.
E. Sam must manually define the INR to USD rates first, to be able to enter transactions involving USD and INR currency.
Answer: C
Q378. Identify two features of a Descriptive Flexfield. (Choose two.)
A. It does not have a structure.
B. It enables you to build "intelligent keys."
C. It appears as a normal field on a form without any brackets.
D. It enables you to implement context-sensitive fields that appear only when needed.
E. It enables you to capture additional information in Oracle E-Business Suite Release 12 without programming.
Answer: DE
Q379. What are the possible posting options in Oracle General Ledger?
A. Post multiple batches Post batches that meet specific criteria by submitting a concurrent request
B. Post Journal batches individually Post multiple journals
C. Post Journal batches individually Post multiple batches Post batches that meet specific criteria by submitting a concurrent request and using Journal Approval
D. Post Journal batches individually Post multiple batches Use AutoPost
Answer: D
Q380. Purchasing has numerous activities that are performed as a key part of the Procure-to-Pay process. Select three activities that are performed in the Purchasing module that will integrate into Payables. (Choose three.)
A. canceling invoices
B. performing receiving
C. scheduling payments
D. creating purchase orders
E. creating purchase order detailed accounting information
Answer: BDE