1Z0-516 Oracle Exam Questions and Free Practice Test

Question 13

In the Multi-Org model, which organization type is the highest level that impacts accounting?

A. Ledger

B. Operating Unit

C. Business Group

D. GRE/Legal Entity

E. Inventory Organization

Correct Answer:A

Question 14

Which two statements are true regarding partitioning of data by an application? (Choose two.)

A. General Ledger is partitioned by Ledgers.

B. Accounts Payable is partitioned by Ledgers.

C. Fixed Assets are partitioned by Operating Unit.

D. Accounts Receivable is partitioned by Operating Unit.

E. Order Management is partitioned by Inventory Organization.

Correct Answer:AD

Question 15

A customer attempts to set up Subscription Ordering on their site using the steps outlined in the ABO Implementation Guide. The site has been previously set up with BOM Mapping for a specific model. Upon testing the Subscription Ordering functionality for this model, they notice that no values are populated in the Action Code Transaction Line level attribute when adding line items to their Transaction.
Which statement is true?

A. They specified an incorrect site URL in the abo_initializeContext BML Util Library function (Admin > BML Library)

B. They selected an incorrect function for the “BML Util Function” selection under BOM settings (Admin> BOM > Declare Util Function)

C. They provided incorrect BOM Mapping values for the model in the BOM Item Definition and BOM Item Mapping tables (Admin > Data Tables)

D. They added an incorrect reverse mapping entry for the model in the Oracle_aboPart2Model table (Admin > Data Tables)

E. They failed to incorporate conditionals to handle action code statuses in the formula for the Price (List) Transaction attribute (Admin > Process Definition > Formulas)

Correct Answer:C

Question 16

When designing an integration with an ERP system, you must communicate with a third party integration tool (such as a middleware or a hub).
Which three methods can be used to communicate with a middleware in this scenario? (Choose three.)

A. Automated FTP

B. DataCube Reporting

C. urldata function call in a Commerce Advanced Modification BML function

D. Commerce Integration Cloud Service Integration on an Action

E. Formula Management

F. Send XML on a Transition Rule via Real Time Integration

G. Commerce Integration XSLs on an Action

Correct Answer:CDF

Question 17

For each subledger, there must be one ________.

A. journal type

B. account type

C. journal source

D. journal category

Correct Answer:C

Question 18

You set the GL: Journal Review Required profile option to “Yes.” Identify the result.

A. requires all journals to be reviewed before posting

B. requires review of recurring journals before posting

C. requires review of a journal entered in GL by the approver before posting

D. requires generated AutoAllocation journals to be reviewed before posting

Correct Answer:D

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