Oracle Oracle Certifications 1Z0-517 Questions & Answers

• Question 21:

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

  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.

  Correct Answer: BC

• Question 22:

  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 23:

  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 24:

  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 25:

  Identify the four resources that Oracle Technology Network (OTN) provides. (Choose four.)

  A. sample codes

  B. Bug Database

  C. technical articles

  D. product downloads

  E. product documentation

  F. Applications Electronic Technical Reference Manuals (eTRM)

  Correct Answer: ACDE

• Question 26:

  Identify three features of a Value Set. (Choose three.)

  A. Value Sets are mandatory.

  B. Value Sets must contain a list of values.

  C. Value Sets control the values for many report parameters.

  D. The same Value Set can be shared between different Flexfields.

  E. A Value Set is a definition of the values approved for entry by a particular Flexfield Segment.

  Correct Answer: CDE

• Question 27:

  Identify three features of shared entities in Oracle E-Business Suite Release 12. (Choose three.)

  A. enable one-time definition of objects

  B. are referenced by several Oracle Application modules

  C. are defined in each oracle Application module separately

  D. are owned by a single Oracle Application module for table purposes only

  E. are owned by a single Oracle Application module to designate the primary user or decision maker

  Correct Answer: ABD

• Question 28:

  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?

  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.

  Correct Answer: B

• Question 29:

  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.)

  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 Flexfield 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.

  Correct Answer: BDE

• Question 30:

  Identify two features of Oracle Workflow in Oracle E-Business Suite Release 12. (Choose two.)

  A. enhances data security

  B. helps you focus on managing individual business transactions

  C. has each activity in a workflow as a PL/SQL function or a notification or a subprocess

  D. can integrate business functions only between business processes within a single company

  E. can integrate business processes within an enterprise, as well as between different organizations and different systems

  Correct Answer: CE