1Z1-516 Valid Test Review & Oracle 1Z1-516 Key Concepts - Oracle EBS R12.1 General Ledger Essentials - Omgzlook

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1Z1-516 PDF DEMO:

QUESTION NO: 1
XYZ Corp. has operations in the U.S. and Canad
a. 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, three Legal Entities, and three Operating Units
B. two Ledgers, two Legal Entities, and three Operating Units
C. two Ledgers, three Legal Entities, and two Operating Units
D. three Ledgers, three Legal Entities, and three Operating Units
E. two Ledgers, two Legal Entities, and two Operating Units
Answer: A

QUESTION NO: 2
You are the manufacturing lead for XYZ's implementation of Oracle E-Business Suite Release
12.
Your client has these requirements:
Create a production plan.
Analyze Sales Order information.
Calculate capacity load ratio by resource or production line.
Analyze resources, materials, costs, and job schedule progress.
Identify the two flows you would implement to accomplish these requirements. (Choose two.)
A. Procure to Pay
B. Click to Order
C. Forecast to Plan
D. Demand to Build
E. Order to Cash
Answer: C,D

QUESTION NO: 3
What two options do you have when searching for multiple parts on the Parts Administration page? (Choose two.)
A. Use regular expressions (RegEx) to describe a search pattern
B. You can leave the field empty, which will return all parts
C. Use "*" and/or "?" as wildcards
D. Use "_" and/or "%" as wildcards
E. Type the start string of a part number. The search will return all parts starting with this text
Answer: A,E

QUESTION NO: 4
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 Descriptive Flexfield attributes are associated with tables in the Oracle Assets module.
B. The Asset Category Flexfield is owned by the Oracle Assets module.
C. Only the Asset Category Key Flexfield is associated with tables in the Oracle Assets module.
D. The setting up of the Descriptive Flexfield is mandatory.
Answer: A,B

QUESTION NO: 5
A user has been assigned with five Operating Units in his or her security profile. The user transacts in three of those Operating Units, the remaining two are used occasionally.
The user can limit the list of values available to the three Operating Units by _______.
A. setting the preferred Operating Units in user preferences
B. setting the values for the MO: Operating Unit at the user level profile option
C. requesting the system administrator, to update the Operating Units in the security profile
D. setting the values for the MO: Default Operating Units at the user level profile option
E. requesting the system administrator to set up MO: Default Operating Unit for the responsibility
Answer: A

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Updated: May 27, 2022