1Z0-516 Exam Questions

Identify three correct statements regarding Oracle E-Business Suite Release 12. (Choose three.)

Identify three features of Daily Business Intelligence. (Choose three.)

Shared entities are used throughout Oracle E-Business Suite Release 12. Identify the four entities that are shared. (Choose four.)

Identify three characteristics of Oracle HTML-based Applications (formerly known as Self-Service Applications). (Choose three.)

ABC Inc. added a new Operating Unit to its existing Multi-Org Access-enabled responsibility. When users logged in using their existing responsibility, they could not see the new Op...

Identify two types of data that can be purged by running the "Purge Obsolete Workflow Runtime Data" concurrent program. (Choose two.)

Identify two features of Oracle Workflow in Oracle E-Business Suite Release 12. (Choose two.)

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...

Select four areas found in the DATA_TOP directory in Oracle E-Business Suite Release 12. (Choose four.)

XYZ Corp. has operations in the U.S. and Canada. Within Canada, it has two separate Divisions due to Statutory requirements: one in Quebec and another in Ontario. How would you def...

ABC Inc. is in the process of consolidating the financial data entry functions. There are three divisions: A, B, and C. They are defined as three separate Operating Units that shar...

One of your ABC.com co-workers, Tim, is working to define and develop Financial Statement Generator reports where the budget amounts and actual amounts would display on the report...

Jason, the corporate controller of ABC.com where you are implementing Oracle General Ledger, Accounts Payable, an Accounts Receivable, is very excited about the Global Intercompany...

One of ABC.com's clients wants the ability to report with Financial Statements Generator (FSG) and perform account inquiry at the summary (business unit) level of its Cost Center s...

Which report would provide information about the processing type (parallel or sequential) that may be defined for reports?

After you determine your needs and organize your summary account structure, which General Ledger tools can you use to define parent-child values and rollup groups?

The Consolidation Workbench enables you to _____, _____, and _____. (Choose three.)

ABC.com wants to define a consolidation process for its enterprise. It has two sets of books: Set of Books A and Set of Books B. Both sets of books will use Oracle General Ledger....

You are implementing Oracle General Ledger at ABC.coms site. ABC.com is based in the US but has a global presence in many countries worldwide, and has transactions in multiple curr...

ABC.com is a $2 million company operating from the U.S., and has one set of books. It is spinning off from its parent company and will be operating as an independent company. It is...

Identify the two setups that control the defaulting of Tax Information on a journal entry. (Choose two.)

During a period, several preapproved batches of miscellaneous transactions were entered and released. The project manager informs you that he is unable to view the accounting in th...

What are the possible posting options in Oracle General Ledger?

Select two actions that ledger sets permit. (Choose two.)

Which two statements are true about the reporting currency in Oracle General Ledger? (Choose two.)

Identify the four setup options that control supplier defaults. (Choose four.)

Identify three ways that an invoice can be submitted for validation. (Choose three.)

You are working on an implementation for Accounts Payable for ABC Inc. Your client has three requirements: 1. They want to be able to pay only certain types of suppliers by batch....

Payables lists four seeded payment methods. They are check, outsourced check, electronic, and wire. Choose the correct description for wire.

With Oracle Cash Management, you can reconcile payments created in Payables to your bank statements. When you reconcile payments using Oracle Cash Management, Cash Management updat...

Which event reverses an accrual for an item set to accrue on receipt?

Identify three setup options that are defined in the Financial Options window. (Choose three.)

Select two actions available in Oracle General Ledger. (Choose two.)

Which module of Oracle E-Business Suite Release 12 sends revaluation and accrual entries to General Ledger?

Identify the different types of data that can be processed using the GL Interface. (Choose three.)

Choose the reason why Tina is unable to view the subledger entries from Oracle Payables in the Oracle General Ledger module. She has run the transfer program that completes success...

ABC Corporation has five companies, which operate in different industries. Each company has a different ledger-processing option that is industry specific. Choose the number of pri...

Choose three tables that will be populated when the Journal Import process is run with the option to post set as "Yes." (Choose three.)

Select three levels where additional reporting currency representations can be maintained. (Choose three.)

ABC.com has two diverse business operations in retail stores and services. It has five legal entities in Canada and five in the United States for both operations. The fiscal year e...

After creating a number of Financial Statement Generator reports, ABC.com wants a list of the definitions for one specific account. Which report should be run to provide that infor...

You work as a DBA for ABC.com. Please study the exhibit carefully. GL Consolidation: Preserve Journal Batching is set to Yes. GL Consolidation: Preserve Journal Effective Date is s...

ABC.com is a national company with five divisions that share the same set of books. Select the statement that best describes the consolidation process for ABC Corporation.

ABC.com, the GL accountant, comes to you and says that he has defined the budget, and budget amounts have been entered and approved by management. After approval he wants his assis...

Which two are true statements regarding elimination? (Choose two.)

What is the effect of summary accounts on the efficiency of the posting process?

When you enter a journal, the journals in that batch _____.

To review available Financial Statement Generator elements, which two reports would be helpful? (Choose two.)

ABC.com has offices around the world, spread across different legal entities. ABC.com is implementing Oracle General Ledger. Its accounting department wants to know how to reduce t...

Oracle General Ledger provides a variety of ways to get information from reports and queries. What can you do using standard reports that you cannot do using on-line queries? (Choo...