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Exam Code: 1Z0-478
Exam Name: Oracle SOA Suite 11g Essentials
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Exam Code: 1Z0-516
Exam Name: Oracle EBS R12.1 General Ledger Essentials
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Exam Code: 1z0-584
Exam Name: Oracle Fusion Human Capital Management 11g Human Resources Essentials
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NO.1 Oracle General Ledger provides a variety of ways to get information from reports and queries. What
can you do using standard reports that you cannot do using on-line queries? (Choose all that apply.)
A. group reports into report sets
B. review T-Accounts
C. view non-financial information
Answer: A,C

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NO.2 ABC.com is a national company with five divisions that share the same set of books. Select the
statement that best describes the consolidation process for ABC Corporation.
A. Run translations, transfer data and run financial reports.
B. Run revaluation, translation, and eliminations; transfer data and run financial reports.
C. Run revaluation and translation, transfer data and run financial reports.
D. Transfer data and run financial reports.
E. Enter eliminating journals and run financial reports.
Answer: E

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NO.3 What is the effect of summary accounts on the efficiency of the posting process?
A. There is no effect, because summary accounts do not use the posting process to accumulate values.
B. Use of summary accounts decreases the efficiency of the posting process.
C. Use of summary accounts neither increases nor decreases the efficiency of the posting
process.
D. Use of summary accounts increases the efficiency of the posting process.
Answer: B

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NO.4 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?
A. Analyzer Hierarchies, Account Hierarchy Manager or Account Hierarchy Editor (provided Applications
Desktop Integrator is installed).
B. Mass Maintenance, Analyzer Hierarchies, or Account Hierarchy Manager
C. Mass Maintenance or Account Hierarchy Manager
D. Mass Maintenance or Account Hierarchy Editor (provided Applications Desktop Integrator is installed).
E. Account Hierarchy Manager or Account Hierarchy Editor (provided Applications Desktop Integrator is
installed).
Answer: E

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NO.5 The Consolidation Workbench enables you to _____, _____, and _____. (Choose three.)
A. access the State Controller
B. create consolidations sets, which launch multiple consolidations in a single step
C. create multilevel hierarchies, which you can view using the graphical Consolidation Hierarchy Viewer
D. change the chart of accounts
Answer: A,B,C

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NO.6 ABC.com has many Financial Statement Generator reports created to produce Profit & Loss
statements and Balance Sheet reports. Occasionally ABC.com has a need to run a report that is slightly
different than the standard ones that are already created. Which two types of changes could XYZ make
using the Row Order feature? (Choose two.)
A. display segment values and descriptions
B. add a new calculation
C. change how rounding options are performed
D. sort based on column values
Answer: A,D

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NO.7 You are implementing Oracle General Ledger at a ABC.com site. ABC.com is based in the US but has
a presence in many countries worldwide, and has transactions in multiple currencies. The implementation
team decides that GL multi currency setup will be part of the implementation. John, a junior consultant
helping you in the implementation effort, comes to you and says that he is testing the system and entering
journals in US dollars, yen and euros. He says that he is able to enter the journals in US dollars and euros,
but cannot enter the journals in Japanese yen. What possible explanation can you provide to John for
this?
A. Workflow needs to be customized for journals to be entered in yen.
B. Yen currency has not been enabled.
C. Daily rates have not been entered for yen.
D. Rate types have not been defined for yen.
Answer: B

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NO.8 One of your ABC.com co-workers, Tim, is working to define and develop Financial Statement Generator
reports where the budget amounts and actual amounts would display on the report per period. Tim comes
to you and says that he has defined an FSG report according to the client's requirements; the actual
amounts are correctly shown, but the problem is that budget amounts are not showing up on the report.
What is your response?
A. Budget status is Frozen.
B. The budget name needs to be associated with the row set through control values.
C. There is some issue with the assignment of accounts to the budget organization.
D. The first fiscal year of the budget was never opened.
E. The last fiscal year of the budget is Closed.
Answer: B

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