Free Oracle 1Z0-516 Exam Dumps Questions & Answers

Given the following code:

Which function, when filled in the blank, will return a value of 1?

• A.findinarray
• B.findinsidearray
• C.findarray
• D.arrayfind

A client wants customers to be able to select a laptop category from a drop-down list in the Product Configuration section. After the laptop category is selected, all laptops within that category need to be displayed without the user having to do any more selections.
Which option meets this requirement?

• A.Formula Administration
• B.Commerce library function
• C.Util library function
• D.Auto Update

Which two are true about elimination? (Choose two.)

• A.Currency is an optional component when defining an elimination set.
• B.You must specify an elimination company in the Elimination Sets window.
• C.You can define balancing options for eliminating entries.
• D.You can define an elimination set to contain one elimination entry.

Select the correct sequence of tasks required for period closing in Oracle General Ledger.
Verify that all journals are posted.
Close the period of each subledger.
Run the Trial Balance report and other month-end reports.
Close the period and open the next period.
Perform reconciliation of subsidiary ledgers.
Transfer and import data from all subledgers.

• A.6, 2, 3, 1, 5, 4
• B.3, 2, 1, 6, 4, 5
• C.6, 5, 2, 1, 4, 3
• D.6, 5, 1, 3, 2, 4
• E.6, 5, 2, 1, 3, 4

ABC Systems is headquartered in Toronto with a branch in New Delhi. The Toronto office uses a weekly calendar, whereas the New Delhi office uses a monthly calendar. The GL journals of New Delhi must be reflected in Toronto's books.
What conversion method would you use?

• A.Use subledger-level secondary ledger conversion.
• B.Use both subledger-level and adjustment-level secondary ledger conversion.
• C.Use journal-level secondary ledger conversion.
• D.Use adjustment-level secondary ledger conversion.