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Home Oracle 1z0-518

Oracle 1z0-518 Exam Practice Questions (P. 1)

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Question #1
Identify the two benefits of using Multi-Org Access Control. (Choose two.)
  1. A
    View asset Information across multiple asset books.
  2. B
    Restrict access to users based on their Organization assignments.
  3. C
    Submit and view data across different Ledgers using a single responsibility.
  4. D
    Enter Payables invoices for different Operating Units using a single responsibility.
  5. E
    View Consolidated requisitions across Operating Units using a single responsibility.

Correct Answer:
DE
http://realworldoracleapps.blogspot.com/2009/02/r12-multi-org-access-control-features.html

Question #2
You are Involved In a project to upgrade to Oracle E-Business Suite, Release 12. You need more Information about the upgrade processes and paths.
Where would you find the upgrade guide for Oracle E-Business Suite?
  1. A
    AppsNet
  2. B
    Bug Database
  3. C
    Technical Forums
  4. D
    Metal ink Knowledge Base
  5. E
    Oracle Technology Network
  6. F
    Customer Knowledge Exchange

Correct Answer:
D

Question #3
Which two statements are true regarding partitioning of data by an application? (Choose two.)
  1. A
    General Ledger is partitioned by Ledgers.
  2. B
    Accounts Payable is partitioned by Ledgers.
  3. C
    Fixed Assets are partitioned by Operating Unit.
  4. D
    Accounts Receivable is partitioned by Operating Unit.
  5. E
    Order Management is partitioned by Inventory Organization.

Correct Answer:
AD
http://oracleappsuserguide.blogspot.com/2009/06/oracle-r12-business-essentials-faqs_10.html

Question #4
ABC Corp. has determined its Accounting Key Flexfield structure for the Implementation of Oracle E-Business Suite Release 12. The Accounting Key Flexfield structure contains five Segments: Company, Business Unit, Department, Account, and Product.
They have the following requirements:
1) The Department values should be based on the Business Units.
2) They want to produce a quarterly Balance Sheet for each Company.
Which three statements are true? (Choose three.)
  1. A
    The Product Value Set is dependent on the Accounts.
  2. B
    The Business Unit Value Set is defined as Independent.
  3. C
    The Account Segment has a Value Set with no Validation.
  4. D
    The Company Segment is qualified as the Balancing Segment.
  5. E
    The Department Segment Is qualified as an Intercompany Segment.
  6. F
    Cross-validation rules are required to enforce dependency of Departments on the Business Units.

Correct Answer:
BDF
http://oracle.anilpassi.com/value-set-basics-in-oracle-apps.html http://www.geekinterview.com/question_details/15974

Question #5
Identify four tasks that you can perform using Oracle Workflow in Oracle E-Business Suite Release 12, (choose four}
  1. A
    Automata business processes,
  2. B
    Generate account code combinations,
  3. C
    Approve standard business documents,
  4. D
    Send notifications using Advanced Queuing,
  5. E
    Generate Inventory item numbers using item generator workflow,
  6. F
    Integrate with third party business systems that are not on a company network.

Correct Answer:
ABDF
http://download.oracle.com/docs/cd/A60725_05/html/comnls/us/oe/oefb1.htm http://download.oracle.com/docs/cd/B34956_01/current/acrobat/120wfag.pdf

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