Oracle EBS R12.1 General Ledger Essentials - 1Z1-516 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

Identify three types of data written to different log files that you can find in the Error Logs menu. (Choose three.)

A. output of print servers B. performance information C. administration changes D. server messages E. email sending and receiving F. modsecurity messages

Discussion 0

Correct Answer: C,D,F Vote an answer

Question 2

When implementing Subscription Ordering according the Subscription Ordering Implementation Guide, you are asked to modify the formula for the Price (List) line level attribute.
What must you do to properly modify the formula?

A. Add an initial condition that tests for the Action Code to be either DELETE or TERMINATE with a true value of Part Base Price. B. Add an initial condition that tests for the Action Code to be either DELETE or TERMINATE with a true value of zero. C. Add an initial condition that tests for a valid entry in a specific Subscription Ordering price book with a true value of zero. D. Add an initial condition that tests for a valid price value in the Price field of the BOM Item Mapping table with a true value of the valid price value. E. Add an initial condition that tests for a valid price value in the Price files of the BOM Item Definition table with a true value of the valid price value.

Discussion 0

Correct Answer: A Vote an answer

Question 3

John, the rates manager at ABC Company in the USA, is in charge of maintaining currency rates for the entire company.
John had defined the rates for GBP to USD and GBP to Indian Rupee (INR) only. Sam, the company accountant, is worried that he would not be able to execute transactions involving USD and INR currencies.
What does John say to help Sam?

A. Currency Rates Manager automatically converts all transactions entered in INR to USD. B. Sam must manually define the INR to USD rates first, to be able to enter transactions involving USD and INR currency. C. Sam must manually define the USD to INR rates first, to be able to enter transactions involving USD and INR currency. D. Currency Rates Manager automatically converts all transactions entered in INR to GBP first and then to USD. E. Currency Rates Manager automatically performs the calculation between USD and INR on the basis of cross-rate rules.

Discussion 0

Correct Answer: E Vote an answer

Question 4

Identify the two values that the Reporting Level parameter can have when using cross organization reports with the Multi-Org Access Control feature. (Choose two.)

A. Operating Unit B. Business Group C. Legal Entity D. Security Profile E. Ledger

Discussion 0

Correct Answer: A,E Vote an answer

Question 5

Identify the three data types available for part custom fields. (Choose three.)

A. "Currency" B. "String," can be changed to "Single Select Menu" C. "Boolean" D. "Multi Select Menu" E. "Date,", can include time F. "Float," can be changed to "Integer"

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Correct Answer: A,B,F Vote an answer

Question 6

The following BML code in Config encountered an HTTP 404 error from someurl.com.
urldatabypost("http://someurl.com", "a1=v1&a2=v2", "call failed")
Which two statements are true? (Choose two.)

A. The call will return "HTTP 404 Not Found" B. An unhandled exception will be displayed in red text at the top of the configuration screen C. An HTTP error will be displayed in red text with the message "HTTP 404 Not Found" at the top of the configuration screen D. The call will return "call failed" E. The HTTP error will be captured in the CPQ Cloud Error Logs: bm.log

Discussion 0

Correct Answer: A,B Vote an answer

Question 7

You are asked to design a Document Designer template, which would generate an output document where users would be able to navigate to a specific section from the table of contents. This is a complex document with many sections and subsections that can go up to seven levels of parent/child relationships.
Which three steps do you need to perform to ensure that the table of contents show only two levels of the sections and subsections so that the user reviewing the document can navigate to a desired section's page and scroll further to the deeper levels? (Choose three.)

A. Enable the Table of Contents option for selected heading styles B. Enable the Table of Contents option for all heading styles C. Assign a heading style set to the Table of Contents layout D. Assign page numbers to all heading elements E. Create headings by using the Heading element for the section content in your template

Discussion 0

Correct Answer: A,D,E Vote an answer

Question 8

Jack, the CFO of ABC Company, wants to prepare the annual capital expenditure budget for the current year where the company plans to grow in the last quarter of the year.
The capital expenditure budget is subdivided in multiple items, and the corporate calendar used at ABC Company has thirteen periods.
Identify the three budget rules that Jack must use to minimize the effort. (Choose three.)

A. Use the divide evenly rule with the 4/4/5 spread. B. Use the divide evenly rule with the 4/4/4 spread. C. Use the divide evenly rule with the 5/4/4 spread. D. Use the divide evenly rule with the 4/5/4 spread.

Discussion 0

Correct Answer: A,C,D Vote an answer

Question 9

When using Web Services 1.0, consider the following sequence of a client system calling CPQ Cloud WebServices.
1. Call Security Login WebServices with User ID and Password.
2. Create a Commerce updateTransaction WebServices call by using an existing transaction ID.
3. Make the following updates in the web service XML:
Set Session ID
Set "_shipTo_first_name" to "myName"
4. Submit the WebService call.
5. Call Security Logout WebServices with the Session ID to close the session.
Based on the given sequence, which two statements are true? (Choose two.)

A. The session will still be open B. Step 3 does not specify an action to execute; therefore, nothing is updated in the transaction C. The Commerce transaction should be updated with the new Ship To name D. Step 5 is unnecessary. Session ID is not needed to log out E. The call in step 4 will throw an error

Discussion 0

Correct Answer: A,D Vote an answer

Question 10

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: Security profile was not defined for the responsibility. C. The Set MO: Operating Unit profile was not defined. D. The Set MO: Default Operating Unit profile was not defined. E. The Set Multi-Org Preferences profile was not defined.

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Correct Answer: A Vote an answer

Question 11

For each subledger, there must be one ___________.

A. journal category B. journal type C. account type D. journal source

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Correct Answer: D Vote an answer

Question 12

Scott is implementing Oracle General Ledger for ABC Corporation. He needs help as he creates the accounting setup.
Which two are true for the creation of the accounting setup? (Choose two.)

A. After the subledger accounting method is assigned, it cannot be changed. B. Assigning legal entities to accounting setups is compulsory. C. Before completing the accounting setup, secondary ledgers and currency can be deleted. D. A calendar cannot be assigned if it contains gaps between periods or it does not have a full fiscal year defined.

Discussion 0

Correct Answer: C,D Vote an answer

Question 13

Jane, the GL accountant, asks you whether she could delete the budget after it has been defined. She also wants to know whether she could delete the budget organization after it has been defined. What would be your response?

A. You cannot delete the budget or the budget organization after either has been defined. B. You can delete the budget and the budget organization after they have been defined. C. You cannot delete a budget after it has been defined. However, you can delete a budget organization. D. You cannot delete a budget organization after it has been defined. However, you can delete a budget.

Discussion 0

Correct Answer: C Vote an answer

Question 14

Identify the profile option that is required to enable Multi-Org Access Control for multiple Operating Units.

A. MO: Default Operating Unit B. HR: User Type C. MO: Operating Unit D. HR: Business Group E. MO: Security Profile

Discussion 0

Correct Answer: E Vote an answer