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Oracle 1Z0-516 Exam Sample Questions

Question: 3

One of ABC.com’s clients wants the ability to report with Financial Statements Generator (FSG) and perform account inquiry at the summary (business unit) level of its Cost Center segment. A business unit is a group of cost centers and a business unit manager typically has several cost centers under his or her responsibility. Which option will meet the client’s requirements?

  1. Define parent cost centers and a hierarchy of parent-child cost centers. Define Rollup Groups for the parent cost centers, and Summary Accounts. Create FSG based on the parent cost center values or Summary Accounts.
  2. Define parent cost centers and a hierarchy of parent-child cost centers. Define Rollup Groups for the parent cost centers. Create FSG based on the Rollup Groups.
  3. Define parent cost centers and a hierarchy of parent-child cost centers. Create Summary Accounts based on the parent cost centers. Create FSG based on the parent cost center values.
  4. Define parent cost centers and a hierarchy of parent-child cost centers. Define Rollup Groups for the parent cost centers. Create FSG based on the parent cost center values.
  5. Define parent cost centers and a hierarchy of parent-child cost centers. Define Summary Accounts for the parent cost centers. Create FSG based on the parent cost center values or Summary Accounts.


Answer: A

Question: 5

After you determine your needs and organize your summary account structure, which General Ledger tools can you use to define parent-child values and rollup groups?

  1. Analyzer Hierarchies, Account Hierarchy Manager or Account Hierarchy Editor (provided Applications Desktop Integrator is installed).
  2. Mass Maintenance, Analyzer Hierarchies, or Account Hierarchy Manager
  3. Mass Maintenance or Account Hierarchy Manager
  4. Mass Maintenance or Account Hierarchy Editor (provided Applications Desktop Integrator is installed).
  5. Account Hierarchy Manager or Account Hierarchy Editor (provided Applications Desktop Integrator is installed).


Answer: E

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San Jose Oracle E-Business Suite 12: Oracle General Ledger Essentials Parents Nursery College

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Almaden Parents’ Preschool

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Question: 4

Which report would provide information about the processing type (parallel or sequential) that may be defined for reports?

  1. Report Detail Listing
  2. Content Set Summary Listing
  3. Row Set Summary Listing


Answer: B

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Question: 5

After you determine your needs and organize your summary account structure, which General Ledger tools can you use to define parent-child values and rollup groups?

  1. Analyzer Hierarchies, Account Hierarchy Manager or Account Hierarchy Editor (provided Applications Desktop Integrator is installed).
  2. Mass Maintenance, Analyzer Hierarchies, or Account Hierarchy Manager
  3. Mass Maintenance or Account Hierarchy Manager
  4. Mass Maintenance or Account Hierarchy Editor (provided Applications Desktop Integrator is installed).
  5. Account Hierarchy Manager or Account Hierarchy Editor (provided Applications Desktop Integrator is installed).


Answer: E

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Question: 3

One of ABC.com’s clients wants the ability to report with Financial Statements Generator (FSG) and perform account inquiry at the summary (business unit) level of its Cost Center segment. A business unit is a group of cost centers and a business unit manager typically has several cost centers under his or her responsibility. Which option will meet the client’s requirements?

  1. Define parent cost centers and a hierarchy of parent-child cost centers. Define Rollup Groups for the parent cost centers, and Summary Accounts. Create FSG based on the parent cost center values or Summary Accounts.
  2. Define parent cost centers and a hierarchy of parent-child cost centers. Define Rollup Groups for the parent cost centers. Create FSG based on the Rollup Groups.
  3. Define parent cost centers and a hierarchy of parent-child cost centers. Create Summary Accounts based on the parent cost centers. Create FSG based on the parent cost center values.
  4. Define parent cost centers and a hierarchy of parent-child cost centers. Define Rollup Groups for the parent cost centers. Create FSG based on the parent cost center values.
  5. Define parent cost centers and a hierarchy of parent-child cost centers. Define Summary Accounts for the parent cost centers. Create FSG based on the parent cost center values or Summary Accounts.


Answer: A

Question: 5

After you determine your needs and organize your summary account structure, which General Ledger tools can you use to define parent-child values and rollup groups?

  1. Analyzer Hierarchies, Account Hierarchy Manager or Account Hierarchy Editor (provided Applications Desktop Integrator is installed).
  2. Mass Maintenance, Analyzer Hierarchies, or Account Hierarchy Manager
  3. Mass Maintenance or Account Hierarchy Manager
  4. Mass Maintenance or Account Hierarchy Editor (provided Applications Desktop Integrator is installed).
  5. Account Hierarchy Manager or Account Hierarchy Editor (provided Applications Desktop Integrator is installed).


Answer: E