Oracle EBS R12.1 General Ledger Essentials - 1Z0-516 Exam Practice Test
The client's GL accountant comes to you with a problem. A journal cannot be posted because it has not been approved. The preparer cannot submit the journal for approval because the Approve button is disabled in the Enter Journals form and the supervisor has not received a notification requesting the approval. What could be the possible cause for this problem?
Correct Answer: D
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Identify three ways in which subledgers transfer information to General Ledger. (Choose three.)
Correct Answer: A,B,E
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Which two scenarios can be automated with File Transfer Protocol (FTP)? (Choose two.)
Correct Answer: A,D
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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 _______.
The user can limit the list of values available to the three Operating Units by _______.
Correct Answer: D
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Which item cannot be queried in the Find Consolidation Process window?
Correct Answer: B
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Identify three types of activities that are captured in Administration logs. (Choose three.)
Correct Answer: B,C,F
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When creating a connection for a CPQ SOAP Endpoint in ICS, which format is expected?
Correct Answer: A
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Given the following code:

Which statement will return the value for results as 25.0 when it is put in place of the blank line shown above the "}else{" statement?

Which statement will return the value for results as 25.0 when it is put in place of the blank line shown above the "}else{" statement?
Correct Answer: B
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What are the five steps for creating MassAllocation journal entries? (Choose five.)
Correct Answer: A,C,D,E,F
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The Related Parts data table exists in the QA environment and in the production environment. The table has 3,000 records in the QA environment and 4,000 records in the production environment.
How many records will be present in the data table in the production environment if this table is migrated from the QA environment?
How many records will be present in the data table in the production environment if this table is migrated from the QA environment?
Correct Answer: C
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Using standard functionality, how do you prevent a user from manually adding or removing rows in an array set?
Correct Answer: D
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Exhibit:

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?

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?
Correct Answer: C
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Identify the three data types available for part custom fields. (Choose three.)
Correct Answer: C,E,F
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Select two steps that are NOT elements of creating a Financial Statement Generator (FSG) report in Oracle General Ledger (Choose two.)
Correct Answer: B,D
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