Oracle Oracle Certifications 1Z0-520 Questions & Answers

• Question 231:

  XYZ Corp. has acquired ABC Corp. XYZ operates with Multi-Org Access Control. Consequently XYZ Corp. needs to add additional Operating Units. Identify the statement that describes the sequence for adding additional Operating Units.

  A. It is not possible to add additional Operating Units.

  B. Set the MO: Operating Unit profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary:

  C. Set the MO: Security Profile profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.

  D. Create the Operating Unit, run the Replicate Seed Data concurrent request, create new responsibilities as necessary, and set up the MO: Default Operating Unit profile option.

  E. Create the Operating Unit, run the Replicate Seed Data concurrent request, assign the Operating Unit to a security hierarchy, run Security List maintenance concurrent program, create new responsibilities as necessary, and set up the MO: Security Profile profile option.

  Correct Answer: E

• Question 232:

  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

• Question 233:

  A Ledger is a financial reporting entity. What is new in Oracle E-Business Suite Release 12 that facilitates generation of accounting entries?

  A. Ledger

  B. Chart of Accounts

  C. Multi-Org Structure

  D. Accounting Convention

  E. Financial Accounting Calendar

  Correct Answer: D

• Question 234:

  Which two options would you use to restrict the functionality provided by a responsibility? (Choose two.)

  A. creating an appropriate role

  B. creating an appropriate group

  C. constructing a new menu hierarchy

  D. defining rules to exclude specific functions

  Correct Answer: CD

• Question 235:

  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 assignment!

  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 236:

  ABC Corp, has the following Organization Structure

  1) Legal Entity: A 2) Operating Units: B and C 3) Balancing Entities: 10, 20, and 30

  Identify three correct statements regarding the Balancing Entity. (Choose three.)

  A. Each Balancing Entity must balance within itself.

  B. There can be multiple Balancing Entitles within an Operating Unit.

  C. Balancing Entity is the lowest postable unit in the Chart of Accounts.

  D. Balancing Entities can be automatically secured at the Legal Entity level.

  E. Balancing Entities can be secured at the Operating Unit level through Security Rules.

  Correct Answer: ABE

• Question 237:

  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 238:

  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 239:

  XYZ Corp. has operations In the U.S. and Canada. Within Canada, It has two separate Divisions due to

  Statutory requirements: one In Quebec and another In Ontario.

  How would you define the organization structure for XYZ Corp. from the Information given above?

  A. two Ledgers, two Legal Entitles, and two Operating Units

  B. two Ledgers, two Legal Entities, and three Operating Units

  C. two Ledgers, three Legal Entities, and two Operating Units

  D. two Ledgers, three Legal Entities, and three Operating Units

  E. three Ledgers, three Legal Entities, and three Operating Units

  Correct Answer: D

• Question 240:

  Identify the sequence of steps to determine the Descriptive Flexfield name on a form in Oracle E- Business

  Suite Release 12 with Diagnostics enabled.

  1) Select Help > Diagnostics > Examine.

  2) The username of the DFF appears in the Value field.

  3) Select the DFF name from the list of values in the "Field" field.

  4) Select the "$DESCRIPTIVE_FUEXFIELD$B value for the Block name.

  A. 1, 2, 3, 4

  B. 1 4, 3, 2

  C. 1, 3, 4, 2

  D. 4, 3, 1, 2

  Correct Answer: B