[Free] 2018(Jan) EnsurePass Pass4sure Oracle 1z0-516 Dumps with VCE and PDF 431-440

Ensurepass.com : Ensure you pass the IT Exams
2018 Jan Oracle Official New Released 1z0-516
100% Free Download! 100% Pass Guaranteed!
http://www.EnsurePass.com/1z0-516.html

Oracle EBS R12.1 General Ledger Essentials

Question No: 431 – (Topic 5)

Select three statements that apply to iReceivables. (Choose three.)

  1. It is a Web-based self-service application.

  2. It can be used to verify the status of invoices and receipts.

  3. It is geared towards call centers, as well as credit and collections departments.

  4. It can be used to initiate the Oracle Approvals Management (AME) credit memo request workflow.

Answer: A,B,D

Question No: 432 – (Topic 5)

ABC Corp. is implementing General Ledger, Payables, Receivables, and Cash Management. Identify two points of integration between General Ledger, Payables, Receivables, and Cash Management. (Choose two.)

  1. Payables sends bank reconciliation accounting entries to General Ledger.

  2. Receivables sends accrued revenue accounting entries to General Ledger.

  3. Receivables sends bank reconciliation accounting entries to General Ledger.

  4. Cash Management sends bank reconciliation accounting entries to General Ledger.

  5. Cash Management does not send bank reconciliation accounting entries to General Ledger.

Answer: A,D

Question No: 433 – (Topic 5)

Identify three tables that can be used to import billing data into Oracle Receivables. (Choose three.)

  1. RA_INTERFACE_LINES_ALL

  2. RA_INTERFACE_SALES_ALL

  3. RA_INTERFACE_HEADERS_ALL

  4. RA_INTERFACE_SALESCREDITS_ALL

  5. RA_INTERFACE_DISTRIBUTIONS_ALL

Answer: A,D,E

Question No: 434 – (Topic 5)

Which are the three formats in which late charges can be presented to your customers? (Choose three.)

  1. Adjustment

  2. Chargeback

  3. Debit memo

  4. Add-on fees

  5. Credit memo

  6. Interest invoice

Answer: A,C,F

Question No: 435 – (Topic 5)

Mark, the GL accountant, asks you whether he can use the constant (C) segment type with the parent segment values while defining the MassAllocation formulA. What would be your response?

  1. Whether you can do this depends on the formula.

  2. You can customize the workflow and then do this.

  3. Whether you can do this depends on the responsibility.

  4. You can do this only if Allow Dynamic Insert is enabled.

  5. You can do this only if there is a summary account associated with the parent.

Answer: E

Question No: 436 – (Topic 5)

Which statement best describes stages in the credit review process?

  1. Initiating a credit review, data collection, data analysis, making and implementing the recommendations

  2. Defining a profile class, assigning it to customers, setting up the scoring model, and starting the workflow background process

  3. Manually reviewing customers#39; past billing and payment history, initiating discussions with customers, and implementing recommendations

  4. Manually initiating a review by sending out mails to customers requesting information, reviewing and making recommendations, and implementing recommendations after approval

Answer: A

Question No: 437 – (Topic 5)

Symba Manufacturing International has a requirement to match Cost of Goods Sold (COGS) and Revenue. They have asked your help in implementation. In this context, which two dependencies and interactions are true? (Choose two.)

  1. Cost Management performs COGS recognition (or Cost Accounting).

  2. Cost Management integrates with Oracle Receivables for invoice creation.

  3. Cost Management integrates with Oracle Receivables for revenue information.

  4. Cost Management provides order and return information to Oracle Receivables.

  5. Cost Management notifies Oracle Receivables when an order is closed without billing.

Answer: A,C

Question No: 438 – (Topic 5)

XYZ Company uses Oracle General Ledger. They have a practice of loading data from the legacy systems into the GL_INTERFACE table, from where they import it into Oracle General Ledger.

They have enabled four account segments. In the Key Flexfield Segments window, you find that:

Segment 1 corresponds to the SEGMENT1 column Segment 2 corresponds to the SEGMENT2 column Segment 3 corresponds to the SEGMENT4 column Segment 4 corresponds to the SEGMENT5 column

Identify the columns of the GL_INTERFACE table with the data that must be populated.

  1. Segment 1 in GL_INTERFACE.SEGMENT1, Segment 2 in GL_INTERFACE.SEGMENT2,

    Segment 3 in GL_INTERFACE.SEGMENT4, Segment 4 in GL_INTERFACE.SEGMENT5

  2. Segment 1 in GL_INTERFACE.SEGMENT1, Segment 2 in GL_INTERFACE.SEGMENT2,

    Segment 3 in GL_INTERFACE.SEGMENT4, Segment 4 in GL_INTERFACE.SEGMENT3

  3. Segment 1 in GL_INTERFACE.SEGMENT2, Segment 2 in GL_INTERFACE.SEGMENT3,

    Segment 3 in GL_INTERFACE.SEGMENT4, Segment 4 in GL_INTERFACE.SEGMENT5

  4. Segment 1 in GL_INTERFACE.SEGMENT2, Segment 2 in GL_INTERFACE.SEGMENT3,

Segment 3 in GL_INTERFACE.SEGMENT3, Segment 4 in GL_INTERFACE.SEGMENT4

Answer: A

Question No: 439 – (Topic 5)

The GL accountant tells you that he is running the tests to check the budget functionality. He says that the GL period was closed, but he was able to post the budget journal in a closed period. You check the setup and confirm that the GL period in which he was able to post the budget journal was closed. What explanation do you give?

  1. The budget year is open.

  2. The budget status is frozen.

  3. The budget status is current.

  4. The Require Budget Journal profile option is set at the set of books level.

Answer: A

Question No: 440 – (Topic 5)

You can define a credit hierarchy of parties and party relationships to consolidate and display all credit data for the entire hierarchy in Credit Management. Which profile option should be set to enable this functionality?

  1. HZ: Allow Hierarchy Copy

  2. AR: Credit Hierarchy Type

  3. OSC: Reporting Hierarchy

  4. HR: BIS Reporting Hierarchy

  5. Exchange Protocol: Allow Hierarchy

Answer: B

100% Ensurepass Free Download!
Download Free Demo:1z0-516 Demo PDF
100% Ensurepass Free Guaranteed!
1z0-516 Dumps

EnsurePass ExamCollection Testking
Lowest Price Guarantee Yes No No
Up-to-Dated Yes No No
Real Questions Yes No No
Explanation Yes No No
PDF VCE Yes No No
Free VCE Simulator Yes No No
Instant Download Yes No No

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.