1Z1-516 Latest Test Collection Free & Oracle EBS R12.1 General Ledger Essentials Latest Test Questions And Answers - 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
Identify three true statements regarding Multiple Organization reporting. (Choose three.)
A. Multiple Organization reports produce outputs for different Operating Units one at a time from a single responsibility.
B. Cross Organization reports can be submitted for a Reporting Level of Ledger.
C. Multiple Organization reports can be submitted for a Reporting Level of Ledger.
D. Cross Organization reports and multiple Organization reports are the same.
E. Multiple Organization reports produce outputs for different Operating Units in a single report output from a single responsibility.
F. Cross Organization reports produce outputs across different Operating Units in a single report from a single responsibility.
Answer: A,B,F

QUESTION NO: 4
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: 5
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

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Updated: May 27, 2022