1Z0-516 | All About High quality 1Z0-516 examcollection
Q21. Identify the four setup options that control supplier defaults. (Choose four.)
A. financial options
B. payables options
C. receiving options
D. purchasing options
E. Payables system setup
F. Trading Community Architecture (TCA)
Answer: ABDE
Q22. In order for supplementary data sources to be registered in Oracle Bill Presentment Architecture
(BPA), they must be interfaced with which Oracle Application?
A. Oracle Projects
B. Oracle Receivables
C. Oracle Service Contract
D. Oracle Order Management
Answer: B
Q23. You are using the Event Based Revenue Management business rule for revenue recognition.
Your company is on the calendar month for financial reporting. On April 12th of the current year, a customer invoice of $1000 is imported. It has an acceptance clause of 60 days and a cancellation clause of 120 days. On April 28th of the current year, a receipt of $1000 is applied against this invoice. You would recognize revenue of $1000 in the month of _____.
A. April
B. May
C. June
D. July
E. August
Answer: E
Q24. A _____ is a container for a unique set of information on a Daily Business Intelligence overview page.
A. Report
B. Region
C. Dashboard
D. Key Performance Indicator
Answer: B
Q25. A receipt of $2,000 is received for an invoice that has $1,500 as the amount due. The remittance advice does not state a reason for the overpayment. Identify the receipt state that should be displayed.
A. Applied
B. Unapplied
C. On-account
D. Unidentified
E. Partially applied
Answer: B
Q26. Which two are the mandatory flexfield qualifiers in Oracle General Ledger? (Choose two.)
A. balancing segment
B. cost center segment
C. management segment
D. natural account segment E. secondary tracking segment
Answer: AD
Q27. ABC Corp. is in the business of manufacturing laptops. They run marketing campaigns to attract and secure orders, and then produce a forecast based on the sales order history. Identify the two business flows in Oracle E-Business Suite Release 12 that meet their requirements. (Choose two.)
A. Order to Cash
B. Forecast to Plan
C. Demand to Build
D. Campaign to Order
E. Contract to Renewal
Answer: BD
Q28. Oracle Payments is the central payment engine for Oracle E-Business Suite Release 12. Identify three modules that integrate with Oracle Payments. (Choose three.)
A. Assets
B. Payables
C. Receivables
D. Cash Management
E. Order Management
Answer: BCD
Q29. Which two statements correctly describe the translation process? (Choose two.)
A. The translation process allows you to translate only year-to-date amounts.
B. If you rerun the translation process, the process adds the additional data to the previous translated amounts.
C. You can rerun the translation process more than once per period.
D. Translation for a subsidiary can be initiated from the parent using the State Controller Translate button.
Answer: CD
Q30. Your subledger accountants are attempting to import their journals to the general ledger at the end of the period. The journal import processes are completing with a warning and no journals are being generated. Which three steps would you take to troubleshoot this condition? (Choose three.)
A. Resend the transactions from the subledgers.
B. Delete the related data on the GL interface table.
C. Confirm that data was sent from the subledger.
D. Verify the output of the Journal Import request
E. Run journal import with all group IDs.
Answer: CDE