Free 1Z0-516 Exam Dumps

Identify three features of a Balancing Entity. (Choose three.)

A. Balance sheets are prepared for a Balancing Entity.
B. A Legal Entity may comprise one or more than one balancing segments.
C. Multiple Balancing Entities within the same Operating Unit structure is not supported.
D. A Balancing Entity is represented as a balancing segment value in the accounting flexfield structure.
E. Oracle E-Business Suite Release 12 automatically secures balancing segment values within your chart of accounts with specific Legal Entities or Operating Units.

Correct Answer:ABD

Which three discount types are available in pricing? (Choose three.)

Correct Answer:ABC

What two options do you have when searching for multiple parts on the Parts Administration page? (Choose two.)

Correct Answer:BD

Which two statements are true about Formulas? (Choose two.)

A. Both attributes and library functions can be used as inputs for Formula Management
B. Only attributes can be used as inputs for Formula Management
C. Formulas cannot be run in sequence to perform multi-step calculations
D. Formulas can set both transaction- and line-level attributes

Correct Answer:CD

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

Correct Answer:AD