Oracle Oracle Certifications 1Z0-516 Questions & Answers

• Question 101:

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

  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.

  Correct Answer: BDE

• Question 102:

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

  A. General Ledger is partitioned by Ledgers.

  B. Accounts Payable is partitioned by Ledgers.

  C. Fixed Assets are partitioned by Operating Unit.

  D. Accounts Receivable is partitioned by Operating Unit.

  E. Order Management is partitioned by Inventory Organization.

  Correct Answer: AD

• Question 103:

  Which two parameters facilitate cross organization reports in a Multi-Org environment? (Choose two.)

  A. Ledger

  B. Legal Entity

  C. Operating Unit

  D. Reporting Level

  E. Reporting Context

  Correct Answer: DE

• Question 104:

  ABC Corp. has determined its Accounting Key Flexfield structure for the implementation of Oracle E-Business Suite Release 12. The Accounting Key Flexfield structure contains five Segments: Company, Business Unit, Department, Account, and Product.

  They have the following requirements:

  1) The Department values should be based on the Business Units. 2) They want to produce a quarterly Balance Sheet for each Company.

  Which three statements are true? (Choose three.)

  A. The Product Value Set is dependent on the Accounts.

  B. The Business Unit Value Set is defined as Independent.

  C. The Account Segment has a Value Set with no Validation.

  D. The Company Segment is qualified as the Balancing Segment.

  E. The Department Segment is qualified as an Intercompany Segment.

  F. Cross-validation rules are required to enforce dependency of Departments on the Business Units.

  Correct Answer: BDF

• Question 105:

  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.

  Correct Answer: A

• Question 106:

  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. Ledger

  B. Legal Entity

  C. Operating Unit

  D. Security Profile

  E. Business Group

  Correct Answer: AC

• Question 107:

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

  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.

  Correct Answer: DE

• Question 108:

  Identify three features of Key Flexfields. (Choose three.)

  A. Key Flexfields are used as identifiers for entities.

  B. The Key Flexfield structure comprises Segments.

  C. A Key Flexfield structure consists of multiple code combinations.

  D. Key Flexfields appear as a single-space field enclosed in brackets.

  E. Each segment of a Key Flexfield usually contains meaningful information.

  Correct Answer: ABE

• Question 109:

  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.)

  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.

  Correct Answer: BC

• Question 110:

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

  A. Legal Entity

  B. Operating Unit

  C. Business Group

  D. HR Organization

  E. Inventory Organization

  Correct Answer: C