1Z0-516 Online Practice Questions and Answers

Which two scenarios can be automated with File Transfer Protocol (FTP)? (Choose two.)

A. An administrator needs to bulk update attachments on a multiple Commerce Transactions

B. Every month, an administrator needs to apply changes requested by the marketing department on descriptions for parts in CPQ Cloud

C. An administrator needs to update Configuration Attribute Value Pricing on a Model and deploy the

changes

D. Every night, an administrator queries the inventory database and updates a CPQ Cloud data table with the new inventory levels

Which statement is a proper definition of a Punch-In?

A. Punch-Ins are links that hook into specific product families in the system. They can be used to navigate directly from a product family to another in your application. They can also be used to jump into a specific product family from an external website.

B. Punch-Ins are links that hook into specific pages in the system. They can be used to navigate directly from one page to another in your application. They can also be used to jump to a specific page from an external website.

C. Punch-Ins are buttons that take you to specific pages in the system. They can be used to navigate directly from one page to another in your application.

D. Punch-Ins are links that relate into specific parts in the system. They can be used to search directly for a given part in your application. They can also be used to search for a specific part from an external website.

E. Punch-Ins are links that hook into a specific Commerce process in the system. They can be used to navigate directly to a given Commerce process in your application. They can also be used to jump into a specific Commerce process from an external website.

Identify four types of attributes that can be set by formulas. (Choose four.)

A. Currency Attributes

B. Boolean Attributes

C. Text Attributes

D. Date Attributes

E. Single Select Menu Attributes

F. Integer Attributes

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

A global company uses Oracle E-Business Suite Release 12 for its operations in the U.S. and Canada. The company is now adding Mexico to the Oracle E-Business Suite Release 12 Applications. As a system administrator, you need to set the MO: Operating Unit profile option for Mexico. Customer is not using Multi-Org Access Control. You set the MO:

Operating Unit profile option at the _____ level.

A. Site

B. User

C. Application

D. Responsibility

Identify the three reports that can be processed using the State Controller window. (Choose three.)

A. Consolidation Audit

B. Consolidations Journal

C. Consolidation Financial

D. Consolidation Exceptions

E. Consolidation Balance Inquiry

Isa Global Inc. is based in the United States with divisions in Europe and Asia. All journal imports, recurring journals, mass allocations, and manual journal entries have been posted for their European subsidiary.

What is the next logical step in the period-close process?

A. opening the next period

B. closing the current period

C. revaluing foreign currency balances

D. translating to the functional currency

E. consolidating to the parent set of books

Which three activities would use summary accounts? (Choose three.)

A. creating a monthly recurring standard journal entry to amortize goodwill

B. allocating the total monthly costs of the Information Services department to other departments

C. estimating a sales commission accrual based on the total of all product sales for each division

D. formulating a budget for employee benefits in each company based on the total of all budgeted employee salaries

Identify three true statements regarding Multiple Organization reporting. (Choose three.)

A. Cross Organization reports and multiple Organization reports are the same.

B. Cross Organization reports can be submitted for a Reporting Level of Ledger.

C. Multiple Organization reports can be submitted for a Reporting Level of Ledger.

D. Multiple Organization reports produce outputs for different Operating Units one at a time from a single responsibility.

E. Cross Organization reports produce outputs across different Operating Units in a single report from a single responsibility.

F. Multiple Organization reports produce outputs for different Operating Units in a single report output from a single responsibility.

Select the correct sequence of tasks required for period closing in Oracle General Ledger.

1.

Verify that all journals are posted.

2.

Close the period of each subledger.

3.

Run the Trial Balance report and other month-end reports.

4.

Close the period and open the next period.

5.

Perform reconciliation of subsidiary ledgers.

6.

Transfer and import data from all subledgers.

A. 6, 5, 2, 1, 4, 3

B. 3, 2, 1, 6, 4, 5

C. 6, 5, 1, 3, 2, 4

D. 6, 5, 2, 1, 3, 4

E. 6, 2, 3, 1, 5, 4