1Z0-516 Exam Questions

ABC.com, the GL accountant, says that the budget for which she is trying to enter data requires budget journals, but she wants to enter budget amounts directly. You check the budge...

ABC.com, the GL accountant comes to you with a requirement that all the journal batches for financial allocations should be automatically generated and validated. She wants to know...

When you change a summary account template funds check level from None to Advisory or Absolute, you need to _____.

You are implementing Oracle General Ledger at a client site. The client is based in the U.S. but has a global presence in many countries worldwide, and has transactions in multiple...

The controller has asked you to produce a report that identifies the total outstanding receivable by customer, as of the period-ending date. Which report would fulfill this request...

Your client is closing its first period. The Accounting Manager informs you that she is unable to transfer payables to the general ledger or run other reports. She is using the Com...

Mark, the GL accountant comes to you and says that he is running the tests to check budget functionality. He says that the GL period is closed, but he was able to post the budget j...

Which three functions can the Payables Accounting Process perform? (Choose three.)

Identify two credit memo options that are available in Oracle Receivables. (Choose two.)

Which are the three formats in which late charges can be presented to your customers? (Choose three.)

Select three statements that apply to iReceivables. (Choose three.)

XYZ Company uses financial statement generator reports to produce profit and loss statements and balance sheet reports. Occasionally, XYZ Company needs to run a report that is slig...

Identify two reasons why ABC Company would use Oracle Business Intelligence (BIS) as one of their reporting tools. (Choose two.)

What does the concurrent program Automatic Reversal do? (Choose two.)

Which three statements are true about AutoAccounting? (Choose three.)

Select two ways in which you can complete an invoice. (Choose two.)

Which three functions can the Create Accounting Program perform? (Choose three.)

Which three statements are true about Balance Forward Billing? (Choose three.)

XYZ Company has disabled the Receivables Profile Option "AR: Disable Receivable Activity Balancing Segment". What must be defined in order for the General Ledger Transfer process t...

What two types of access do you need to be able to run year-end closing journals for all legal entities? (Choose two.)

Select two features regarding the completion of a successful customer merge in Oracle Receivables that support ongoing customer data cleansing efforts after go-live. (Choose two.)

ABC.com has a requirement that all budget entries are made through journals. Where would you set this up?

In which three ways do sub-ledgers transfer information into General Ledger? (Choose three.)

Which four are valid consolidation tools? (Choose four.)

An easy methodology to clarify how to define rollup groups for the summary account is to _____.

Which profile option must be enabled to allow you to change the tax code on the transaction line in Receivables?

You are defining FSG reports to be used by different users for your customer. One of the customer requirements is that some users must be able to modify the report definition, some...

Identify three Fusion Business Intelligence products for Oracle E-Business Suite Release 12. (Choose three.)

Embedded Dashboards are a feature of Oracle Fusion Business Intelligence Release 12. Select three additional features that Embedded Dashboards provide. (Choose three.)

If the user has to set Multi-Org preferences, the System Administrator has to assign _____.