Printable PDFOracle 1Z0-516 Exam Questions & Answers
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Vendor: Oracle
Exam Code: 1Z0-516
Exam Name: Oracle E-Business Suite R12.1 General Ledger Essentials
Certification Provider: Oracle
Total Questions: 280 Q&A ( View Details)
Updated on: Mar 28, 2025
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1Z0-516 Online Practice Questions and Answers
AutoAccounting automatically generates accounting flexfields for Receivables transactions.
Identify four accounts generated by AutoAccounting. (Choose four.)
A. Tax
B. Freight
C. Payable
D. Discount
E. Revenue
F. Receivable
Which three statements are true about accounting rules? (Choose three.)
A. Accounting rules enable you to defer revenue.
B. Accounting rules enable you to define fixed and variable rules to recognize revenue.
C. Accounting rules enable you to define the number of periods and percentage of total revenue that you can record in each accounting period.
D. Accounting rules enable you to define the number of periods and amount of invoice that you can bill your customer in each accounting period.
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 Operating Unit in the list of values.
What could be the cause?
A. Security List Maintenance was not run.
B. The Set MO: Operating Unit profile was not defined.
C. The Set Multi-Org Preferences profile was not defined.
D. The Set MO: Default Operating Unit profile was not defined.
E. The Set MO: Security profile was not defined for the responsibility.
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