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Oracle Other Certification
1z0-516
Oracle E-Business Suite R12.1 General Ledger Essentials Questions and Answers

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Viewing questions 21-30 out of questions

Questions # 21:

When doing a part search from home page, you have the Create Quote button to create a new Transaction.

How do you change the label of this button?

Options:

Open the Text Administration admin page, go to “C”, change the entry “Create Quote” and enter “Translated Text”

Go to the Process Invocation admin page, open the Part Search Results page, and change the name of the action that has the type “Start”

Go to the Process Invocation admin page, open the Part Search Results page, select navigation “Rules” of the action that has the type “Start”, and change the name of the invocation rule which points to the right commerce process

Open the Commerce Process admin page, navigate to Process Actions, and change the label of the “_action_new_transaction” action

Answer

Questions # 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.)

Options:

The Product Value Set is dependent on the Accounts.

The Business Unit Value Set is defined as Independent.

The Account Segment has a Value Set with no Validation.

The Company Segment is qualified as the Balancing Segment.

The Department Segment is qualified as an Intercompany Segment.

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

Answer

B, D, F

Questions # 23:

For a multi-language Document Designer template, which of the following two activities are possible for the nondefault language view?

Options:

Modify date and currency formats

Move text elements between elements and layouts

Add new image element in a section

Add or remove table element’s rows and columns

Change text content

Answer

A, C

Questions # 24:

A manager wants to review the cash balance by company. He has asked you to create the summary account template. The company’s accounting flexfield has four segments:

company (5 values)

cost centers (30 values)

region (4 values)

account (180 values)

The total number of cash accounts is five that are associated with two parents:

Three accounts are associated with the parent called “Checking.”

Two accounts are identified with the parent called “Savings”.

To combine the cash parents, you create a rollup group named “Cash.”

Which summary account template would you create to review the cash balances by company?

(D: Detail)

(T: Total)

Options:

D-D-D-Cash

T-T-T-Cash

D-T-D-Cash

T-D-T-Cash

T-D-D-Cash

D-T-T-Cash

Answer

Questions # 25:

When implementing Subscription Ordering according the Subscription Ordering Implementation Guide, you are asked to modify the formula for the Price (List) line level attribute.

What must you do to properly modify the formula?

Options:

Add an initial condition that tests for a valid price value in the Price files of the BOM Item Definition table with a true value of the valid price value.

Add an initial condition that tests for the Action Code to be either DELETE or TERMINATE with a true value of zero.

Add an initial condition that tests for a valid entry in a specific Subscription Ordering price book with a true value of zero.

Add an initial condition that tests for the Action Code to be either DELETE or TERMINATE with a true value of Part Base Price.

Add an initial condition that tests for a valid price value in the Price field of the BOM Item Mapping table with a true value of the valid price value.

Answer

Questions # 26:

XYZ Company is implementing Oracle at its headquarters in the US. It has operations in Australia, the UK, and China. The Australian and the US operations can share the same chart of accounts segments, and the UK and China operations can share the same chart of accounts segments.

All operations share the same calendar or period-type combination, but not the currency. Each country requires that a separate accounting data be maintained.

Identify the number of legal entities to be created and the number of accounting setups.

Options:

Create one legal entity and four accounting setups.

Create four legal entities and one accounting setup.

Create two legal entities and four accounting setups.

Create four legal entities and four accounting setups.

Answer

Questions # 27:

ABC Systems is headquartered in Toronto with a branch in New Delhi. The Toronto office uses a weekly calendar, whereas the New Delhi office uses a monthly calendar. The GL journals of New Delhi must be reflected in Toronto's books.

What conversion method would you use?