1Z0-516 Questions and Answers

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Oracle E-Business Suite R12.1 General Ledger Essentials: 1Z0-516

Rating: 4.6

Vendor: Oracle

Certifications: On-Premise Applications

Exam Name: Oracle E-Business Suite R12.1 General Ledger Essentials

Exam Code: 1Z0-516

Total Questions: 280 Q&As

Last Updated: Jun 16, 2022

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1Z0-516 Online Practice Questions and Answers

Questions 1

A red "x" appears instead of a part (item) in a configuration. What causes this?

A. The Recommended Item rule is recommending an incorrect price for the part number

B. The Recommended Item rule is recommending a part that does not exist

C. The Recommended Item rule is recommending more than one part number

D. The Recommended Item rule is not firing

Show Answer
Questions 2

You are implementing Oracle General Ledger (GL) at a client site. The client is based in the US, but they have a presence in many countries and transactions in multiple currencies.

The implementation team decides that the GL multi-currency setup will be a part of the implementation.

John, a junior consultant helping you in the implementation effort, tells you that he is testing the system and entering journals in USD, Yen, and Euros.

He says that he is able to enter journals in USD and Euros, but not in Japanese Yen.

What possible can you provide to John for this?

A. Yen has not been enabled.

B. Rate types have not been defined for Yen.

C. Daily rates have not been entered for Yen.

D. Workflow must be customized for journals to be entered in Yen.

Show Answer
Questions 3

To properly associate one transaction type with another in Receivables, you have to define transaction types in a specific order. Identify the correct order.

A. Invoice, credit memo, debit memo

B. Invoice, debit memo, credit memo

C. Credit memo, invoice, debit memo

D. Credit memo, debit memo, invoice

E. Debit memo, invoice, credit memo

F. Debit memo, credit memo, invoice

Show Answer More Questions

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