Pass the Oracle Oracle Other Certification 1z0-516 Questions and answers with CertsForce

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Viewing questions 11-20 out of questions
Questions # 11:

ABC Corp. has set up the Asset Category Key Flexfield. It has also set up a Descriptive Flexfield to store vehicle information associated with the asset category “Vehicle.” Identify two correct statements. (Choose two.)

Options:

A.

The setting up of the Descriptive Flexfield is mandatory.


B.

The Asset Category Flexfield is owned by the Oracle Assets module.


C.

The Descriptive Flexfield attributes are associated with tables in the Oracle Assets module.


D.

Only the Asset Category Key Flexfield is associated with tables in the Oracle Assets module.


Expert Solution
Questions # 12:

ABC Corporation has set up the Accounting Key Flexfield. It has also set up a Descriptive Flexfield to store vehicle information associated with the asset category “Vehicle”. Identify three correct statements. (Choose three.)

Options:

A.

The Descriptive Flexfield is called an “intelligent key structure.”


B.

The Descriptive Flexfield for the asset category “Vehicle” captures only additional information.


C.

The Descriptive Flexfiedl for the asset category “Vehicle” appears as a normal field on a form.


D.

The combination of values in the Accounting Flexfield identifies a particular business entity or class of entities.


E.

You can define cross-validation rules to control the allowable combinations of segment values for the Accounting Flexfield.


Expert Solution
Questions # 13:

Identify the two benefits of using Multi-Org Access Control. (Choose two.)

Options:

A.

View asset information across multiple asset books.


B.

Restrict access to users based on their Organization assignments.


C.

Submit and view data across different Ledgers using a single responsibility.


D.

Enter Payables invoices for different Operating Units using a single responsibility.


E.

View Consolidated requisitions across Operating Units using a single responsibility.


Expert Solution
Questions # 14:

When designing an integration with an ERP system, you must communicate with a third party integration tool (such as a middleware or a hub).

Which three methods can be used to communicate with a middleware in this scenario? (Choose three.)

Options:

A.

Automated FTP


B.

DataCube Reporting


C.

urldata function call in a Commerce Advanced Modification BML function


D.

Commerce Integration Cloud Service Integration on an Action


E.

Formula Management


F.

Send XML on a Transition Rule via Real Time Integration


G.

Commerce Integration XSLs on an Action


Expert Solution
Questions # 15:

Identify three correct statements about the Operating Unit in a Multi-Org model of Oracle E-Business Suite Release 12. (Choose three.)

Options:

A.

It is the highest level in the Multi-Org structure.


B.

It is an organization type that secures transaction data.


C.

An Operating Unit can be assigned to multiple Legal Entities.


D.

An Operating Unit can be associated with a single Legal Entity.


E.

Multiple Operating Units can be assigned to a single responsibility.


Expert Solution
Questions # 16:

Identify two features of a Value Set that has a validation type of “None.” (Choose two.)

Options:

A.

It has an approved list of values associated with it.


B.

The entered value must meet the formatting requirements.


C.

The Flexfield value security rules cannot be used for a segment that uses this Value Set.


D.

Users can enter any value that they want even if it does not meet formatting requirements.


Expert Solution
Questions # 17:

A customer attempts to set up Subscription Ordering on their site using the steps outlined in the ABO Implementation Guide. The site has been previously set up with BOM Mapping for a specific model. Upon testing the Subscription Ordering functionality for this model, they notice that no values are populated in the Action Code Transaction Line level attribute when adding line items to their Transaction.

Which statement is true?

Options:

A.

They specified an incorrect site URL in the abo_initializeContext BML Util Library function (Admin > BML Library)


B.

They selected an incorrect function for the “BML Util Function” selection under BOM settings (Admin > BOM > Declare Util Function)


C.

They provided incorrect BOM Mapping values for the model in the BOM Item Definition and BOM Item Mapping tables (Admin > Data Tables)


D.

They added an incorrect reverse mapping entry for the model in the Oracle_aboPart2Model table (Admin > Data Tables)


E.

They failed to incorporate conditionals to handle action code statuses in the formula for the Price (List) Transaction attribute (Admin > Process Definition > Formulas)


Expert Solution
Questions # 18:

ABC Corporation is headquartered in New Dehli with an office in Mumbai. They share the same chart of accounts, calendar, and currency.

The Mumbai ledger contains manual adjustments and automated adjustments. Thew New Dehli office does not need a complete ledger to perform management or statutory reporting.

Which four statements are true in the given scenario? (Choose four.)

Options:

A.

The Mumbai ledger is an adjustment-only secondary ledger.


B.

Perform all adjustments in the Mumbai ledger.


C.

Perform all day-to-day transactions in the New Dehli ledger.


D.

Use ledger sets to combine transaction data and adjustment data.


E.

Perform all day-to-day transactions and adjustments in the New Dehli ledger.


F.

Consolidate data in the Mumbai ledger with the New Dehli ledger while reporting.


Expert Solution
Questions # 19:

Which three discount types are available in pricing? (Choose three.)

Options:

A.

percent discount


B.

quantity-dependent discount


C.

amount discount


D.

promotion discount


E.

absolute price


Expert Solution
Questions # 20:

Question # 20

View the Exhibit. While entering a journal in the Journals form, you enter a code combination of 29.402.4519.2103.240 in the five-segment Accounting Flexfield. However, you are unable to proceed after entering this account combination.

What could be the problem in the structure definition of the Accounting Flexfield?

Options:

A.

The “Freeze Rollup Groups” check box is selected.


B.

The “Allow Dynamic Inserts” check box is deselected.


C.

The “Freeze Flexfield Definition” check box is selected.


D.

The “Cross-Validate Segments” check box is selected.


Expert Solution
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