Oracle EBS R12.1 General Ledger Essentials (1Z0-516) Free Practice Test

Question 1

Based on default values, which statement is false about automatic FTP (File Transfer Protocol) processing in CPQ Cloud?

A. FTP uploads are processed every 90 minutes

B. You must list files in the order in which they should be processed in the upload_list.xml file

C. You must upload file to the automated folder on the FTP server

D. You can use the Bulk Data service to extract the file format and upload it via FTP automation

Correct Answer: D

Question 2

Employee information in Oracle E-Business Suite Release 12 is partitioned by ___________.

A. Inventory Organization

B. HR Organization

C. Business Group

D. Legal Entity

E. Operating Unit

Correct Answer: C

Question 3

An administrator tries to change the document views on an attribute from a participant profile on a given step. But the attribute is not listed in the list of attributes that are available for editing.
What are the two reasons for this behavior? (Choose two.)

A. The attribute is not added to the layout

B. The attribute is being referenced in an active Hiding rule

C. The attribute is a system attribute

D. The attribute is hidden on the Attribute Details page

Correct Answer: A,B

Question 4

Which two statements are true regarding partitioning of data by an application? (Choose two.)

A. Order Management is partitioned by Inventory Organization.

B. Accounts Receivable is partitioned by Operating Unit.

C. Accounts Payable is partitioned by Ledgers.

D. Fixed Assets are partitioned by Operating Unit.

E. General Ledger is partitioned by Ledgers.

Correct Answer: B,E

Question 5

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. Currency Rates Manager automatically converts all transactions entered in INR to GBP first and then to USD.

C. Sam must manually define the USD to INR rates first, to be able to enter transactions involving USD and INR currency.

D. Sam must manually define the INR to USD rates first, to be able to enter transactions involving USD and INR currency.

E. Currency Rates Manager automatically performs the calculation between USD and INR on the basis of cross-rate rules.

Correct Answer: E

Question 6

You are implementing Oracle E-Business Suite Release 12 General Ledger for ABC Corporation.
Identify two setups required for journal approval. (Choose two.)

A. Disable the Journal: Find Approver Method profile option.

B. Enable journal approval for the Journal Category window.

C. Enable the Journal: Allow Preparer Approval profile option.

D. Configure the GL journal approval process in Oracle Workflow Builder.

Correct Answer: C,D

Question 7

A customer has BOM Mapping configured on their site using a simple Table-Based BOM Mapping rule. However, they want to modify their BOM Mapping to also map an additional Configuration attribute to a Transaction Line level attribute.
Which two methods can the customer use to achieve this? (Choose two.)

A. Define an Advanced BML-Based BOM Mapping rule that populates the "fields" node of the BOM item

B. Add a new entry in the BOM Attribute Definition table for the BOM item

C. Add a new entry in the BOM Attribute Mapping table for the BOM item

D. Define an Advanced BML-Based BOM Mapping rule that populates the "definition" node of the BOM item

E. Define an Advanced BML-Based BOM Mapping rule that populates the "attributes" node of the BOM item

F. Add a new entry in the BOM Item Mapping Definition table for the BOM item

Correct Answer: E,F

Question 8

Identify two ways in which you can display a message to a user while using simple table-based lookups for an attribute. (Choose two.)

A. defining an advanced BML (CPQ Cloud Language) function for that attribute

B. defining a static text message for that attribute

C. setting the message type as Table Column when selecting an attribute to populate

D. setting the message type as Static Entry when selecting an attribute to populate

Correct Answer: B,D

Question 9

Which format will datetostr(getdate()) return when no format is supplied?

A. MM/dd/yyyy HH:mm:ss

B. HH:mm:ss MM/dd/yyyy

C. HH:mm:ss DD/mm/yyyy

D. DD/mm/yyyy HH:mm:ss

Correct Answer: A

Question 10

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. Create headings by using the Heading element for the section content in your template

B. Enable the Table of Contents option for all heading styles

C. Assign page numbers to all heading elements

D. Assign a heading style set to the Table of Contents layout

E. Enable the Table of Contents option for selected heading styles

Correct Answer: A,C,E

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Oracle EBS R12.1 General Ledger Essentials (1Z0-516) Free Practice Test