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Oracle EBS R12: General Ledger and Receivables Fundamentals

Question No: 31 – (Topic 0)

Your client has requested that you set up a relationship type that would allow any party within the relationship to pay for the accounts of any other party. Identify the relationship

group that you would assign your relationship type to, in order to accomplish this.

  1. pay all

  2. pay within

  3. pay below

  4. pay parties

Answer: B

Question No: 32 – (Topic 0)

How many data source views can you register for the Lines data source in Bill Presentment Architecture?

  1. five

  2. one

  3. nine

  4. seven

Answer: B

Question No: 33 – (Topic 0)

Which two setups are required for customer invoicing? (Choose two.)

  1. lockbox

  2. customers

  3. remit-to address

  4. customer profile classes

Answer: B,C

Question No: 34 – (Topic 0)

Select three true statements about mapping rules. (Choose three.)

  1. Up to two rollup rules are possible.

  2. You can define a combination of segment values and account rules.

  3. Mapping sets enable you to transfer data from multiple subsidiaries simultaneously.

  4. There are only two mapping rule actions consisting of copy value from and assign value

    from.

  5. A rollup rule indicates to General Ledger what detail level of information to transfer and how to roll that information up to the parent.

Answer: B,C,E

Question No: 35 – (Topic 0)

Identify the three applications that create invoices into Oracle Receivables. (Choose three.)

  1. Oracle Loans

  2. Oracle Projects

  3. Oracle Shipping

  4. Oracle Cash Management

  5. Oracle Lease Management

Answer: A,B,E

Question No: 36 – (Topic 0)

Your company is using Oracle Receivables and Trade Management to create and resolve claims. A non-invoice-related claim is generated in Oracle Receivables and transferred to Trade Management for investigation. The balancing segments used for accounting on the individual transactions are:

Claim Investigation:1001

Unapplied Cash:

1000

Cash:

1000

Receivables:

2000

Receipt Write-Off:

3000

If you are using the Account Generator to update the balancing segment values, what is the balancing segment that is derived if the claim is resolved via receipt write-off?

A. 1000

B. 1001

C. 2000

D. 3000

Answer: A

Question No: 37 – (Topic 0)

Which profile option must be enabled to allow you to change the tax code on the transaction line in Receivables?

  1. eBtax: Allow Manual Tax Lines

  2. eBtax: Inventory item for Freight

  3. eBtax: Allow Ad Hoc Tax Changes

  4. eBtax: Allow Override of Customer Exemptions

Answer: C

Question No: 38 – (Topic 0)

Identify four types of transaction flexfields. (Choose four.)

  1. key transaction flexfield

  2. line transaction flexfield

  3. link-to transaction flexfield

  4. source transaction flexfield

  5. invoice transaction flexfield

  6. reference transaction flexfield

Answer: B,C,E,F

Question No: 39 – (Topic 0)

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 explanation can you provide to John for this?

  1. Yen has not been enabled.

  2. Rate types have not been defined for Yen.

  3. Daily rates have not been entered for Yen.

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

Answer: A

Question No: 40 – (Topic 0)

The data access set with the full ledger access set type defines three ledgers/ledger sets: Full ledger access set type

Ledger/ledger set Sets privileges Vision Services read and write Vision Operations read-only Vision Global read-only

Which statement is correct?

  1. Users can only view existing data for the Vision Operations ledger.

  2. Users have full read and write access to the Vision Operations ledger.

  3. Responsibilities that use this data access set can only view existing data for the Vision Services ledger.

  4. Responsibilities that use this data access set have full read and write access to the Vision Global ledger.

Answer: A

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