Online 1Z0-516 Practice Test

Question 1

Which four attributes are validated during the Journal Import process? (Choose four.)

Options :

A : period

B : approval level

C : balanced journal

D : cross-validation rule

E : account combination

F : journal sequence number

Answer: A,C,D

Question 2

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?

Options :

A : Whether you can do this depends on the formula.

B : You can customize the workflow and then do this.

C : Whether you can do this depends on the responsibility

D : You can do this only if Allow Dynamic Insert is enabled

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

Answer: A

Question 3

What is the order of execution when a new transaction is created?

Options :

A : main doc integration, advanced main doc default BML, attribute defaults

B : advanced main doc default BML, attribute defaults, main doc integration

C : process integration, attribute defaults, advanced main doc default BML

D : attribute defaults, advanced main doc default BML, process integration

E : process integration, advanced main doc default BML, attribute defaults

F : process integration, attribute defaults, advanced main doc default BML, main doc integration

Answer: D

Question 4

A customer has BOM Mapping configured on their site using a simple Table-Based BOM Mapping rule.

However, they want to modify their BOM Mapping to also map an additional Configuration attribute to a

Transaction Line level attribute.

Which two methods can the customer use to achieve this? (Choose two.)

Options :

A : Add a new entry in the BOM Item Mapping Definition table for the BOM item

B : Add a new entry in the BOM Attribute Definition table for the BOM item

C : Add a new entry in the BOM Attribute Mapping table for the BOM item

D : Define an Advanced BML-Based BOM Mapping rule that populates the “attributes” node of the BOM item

E : Define an Advanced BML-Based BOM Mapping rule that populates the “definition” node of the BOM item

F : Define an Advanced BML-Based BOM Mapping rule that populates the “fields” node of the BOM item

Answer: A,D

Question 5

You set the GL: Journal Review Required profile option to “Yes.” Identify the result.

Options :

A : requires all journals to be reviewed before posting

B : requires review of recurring journals before posting

C : requires review of a journal entered in GL by the approver before posting

D : requires generated AutoAllocation journals to be reviewed before posting

Answer: D

EXPERTY DESIGNED 1Z0-516 PRACTICE TEST