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Oracle 1Z0-516 Exam Dumps

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Description

Exam Name: Oracle E-Business Suite R12.1 General Ledger Essentials
Exam Code: 1Z0-516
Related Certification(s): Oracle E-Business Suite Certification
Certification Provider: Oracle
Actual Exam Duration: 150 Minutes
Number of 1Z0-516 practice questions in our database: 180 
Expected 1Z0-516 Exam Topics, as suggested by Oracle :

  • Module 1: Describe how Oracle General Ledger integrates with other Oracle eBusiness applications/ Create Favorites and set Preferences
  • Module 2: Identify key implementation considerations for Multi-Org/ Identify Key Business Flows and products involved in E-Business Suite (EBS)
  • Module 3: Manage Data Access Security for Legal Entities and Ledgers/ Describe the important elements for creating a Chart of Accounts structure
  • Module 4: Describe the elements required to create a ledger within Oracle General Ledger/ Navigate from Personal Home Page to Applications
  • Module 5: Identify the steps to implement a Flexfield/ Run and monitor Reports and Programs
  • Module 6: Explain Enhanced Multiple-Organization Reporting/ Explain the footprint of R12 E-Business Suite
  • Module 7: Define Web ADI setup options for key flexfields/ Explain shared entities within R12 E-Business Suite
  • Module 8: Describe the types of organizations supported in the Multi-Org model/ Explain the concepts of subledger accounting
  • Module 9: Describe how journal entries are positioned in the accounting cycle/ Translate functional balances into foreign currency
  • Module

    10: Describe the different Journal Posting options/ Navigating in R12 Oracle Applications/ Describe R12 E-Business Suite architecture

Description

Exam Name: Oracle E-Business Suite R12.1 General Ledger Essentials
Exam Code: 1Z0-516
Related Certification(s): Oracle E-Business Suite Certification
Certification Provider: Oracle
Actual Exam Duration: 150 Minutes
Number of 1Z0-516 practice questions in our database: 180 
Expected 1Z0-516 Exam Topics, as suggested by Oracle :

  • Module 1: Describe how Oracle General Ledger integrates with other Oracle eBusiness applications/ Create Favorites and set Preferences
  • Module 2: Identify key implementation considerations for Multi-Org/ Identify Key Business Flows and products involved in E-Business Suite (EBS)
  • Module 3: Manage Data Access Security for Legal Entities and Ledgers/ Describe the important elements for creating a Chart of Accounts structure
  • Module 4: Describe the elements required to create a ledger within Oracle General Ledger/ Navigate from Personal Home Page to Applications
  • Module 5: Identify the steps to implement a Flexfield/ Run and monitor Reports and Programs
  • Module 6: Explain Enhanced Multiple-Organization Reporting/ Explain the footprint of R12 E-Business Suite
  • Module 7: Define Web ADI setup options for key flexfields/ Explain shared entities within R12 E-Business Suite
  • Module 8: Describe the types of organizations supported in the Multi-Org model/ Explain the concepts of subledger accounting
  • Module 9: Describe how journal entries are positioned in the accounting cycle/ Translate functional balances into foreign currency
  • Module

    10: Describe the different Journal Posting options/ Navigating in R12 Oracle Applications/ Describe R12 E-Business Suite architecture

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Q1. Select two statements that are true about Test Script found in a function debugger. (Choose two.)

A.Test Script describes the various functions used in BML

B. Test Script is template of how the BML function should be written

C. Test Script provides a way to test a BML Library function when array type attributes are input parameters

D. Test Scripts can be used to compute multiple iterations of the library functions and print each

Correct Answer: A, C

Q2. What is the correct method to add new parts data to the CPQ Cloud database?

A.Use the ''Import from Source'' function in the Migration Center to connect to the remote part system and upload the part data into a .csv file, put the .csv file in a compressed ZIP file, and use Bulk Upload to upload the part data to the CPQ Cloud site.

B. Use the ''Import from Source'' function in the Migration Center to connect to the remote part system and upload the part data directly to the CPQ Cloud database.

C. Perform a bulk-download of at least one part to capture the part file format that the CPQ Cloud site uses, populate the new part data into the downloaded part file (.csv file), enter ''add'' in the Update column for each new part, save the spreadsheet as a .csv file, put the .csv file in a compressed zip file, and use Bulk Upload to upload the part data to the CPQ Cloud site.

D. Export the part data from your current part system into a .csv file, put the .csv file into a compressed zip file, and use Bulk Upload to upload the part data to the CPQ Cloud site.

E. Use Bulk Upload to upload the data from the remote part system into a .csv file and import the file into the CPQ Cloud site.

Correct Answer: A

Q3. Your client wants to report with Financial Statements Generator (FSG) and perform account inquiry at the summary (business unit) level of the cost center segment. A business unit is a group of cost centers, and a business unit manager typically has several cost centers under his or her responsibility. Which option will meet the client's requirements?

A.defining parent cost centers and a hierarchy of parent/child cost centers; defining rollup groups for the parent cost centers; creating FSG based on the rollup groups

B. defining parent cost centers and a hierarchy of parent/child cost centers; creating summary accounts based on the parent cost centers; creating FSG based on the parent cost center values

C. defining parent cost centers and a hierarchy of parent/child cost centers; defining summary accounts for the parent cost centers; creating FSG based on the parent cost center values or summary accounts

D. defining parent cost centers and a hierarchy of parent/child cost centers; defining rollup groups for the parent cost centers, and summary accounts; creating FSG based on the parent cost center values or summary accounts

Correct Answer: D

Q4. Choose three required steps while performing the accounting setup in the Accounting Setup Manager. (Choose three.)

A.Define operating units.

B. Update accounting options.

C. Complete the accounting setup.

D. Define intercompany balancing rules.

E. Create the accounting setup structure.

F. Assign balancing segment values to legal entities.

Correct Answer: B, C, E

Q5. 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.Click to Order

B. Order to Cash

C. Procure to Pay

D. Forecast to Plan

E. Demand to Build

Correct Answer: D, E

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