Free Oracle 1Z0-516 Practice Test & Real Exam Questions

Which three activities would use summary accounts? (Choose three.)

Which two scenarios are valid for looping by using XSL Snippets? (Choose two.)

How should an administrator set up a conditional restriction for access to a Product Family?

Consider the following requirements for integration with Salesforce:
Transaction information needs to be pushed back to Salesforce and synchronized.
You must be able to synchronize a transaction with up to 1,000 lines back to the Opportunity Product object in Salesforce.
On the basis of these requirements, which three XSL sets should you use to provide the integration?

ABC Inc. wants to have 16 accounting periods that include an adjusting period for each quarter in its 4-5-4 accounting calendar. Its fiscal year-end is March 31.
The normal month-end is on a Friday, but the last day of each quarter is always on the last day of the quarter's final calendar month.
Select the remaining setup for the calendar to meet the requirement.

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?

Select two steps that are NOT elements of creating a Financial Statement Generator (FSG) report in Oracle General Ledger (Choose two.)

ABC Corp. has set up the Asset Category Key Flexfield. It has also set up a Descriptive Flexfield to store vehicle information associated with the asset category "Vehicle." Identify two correct statements. (Choose two.)

John has created two ledgers: one primary and one secondary. The primary ledger stores transactional data and the secondary ledger stores only adjustments. The secondary ledger shares the same chart of accounts, accounting calendar or period-type combination, and currency as the associated primary ledger.
John wants to obtain a complete accounting representation that includes both transactional data and adjustments while running reports. Identify the best option.