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Exam Code: 1Z0-516
Exam Name: Oracle EBS R12.1 General Ledger Essentials
One year free update, No help, Full refund!
1Z0-516 Real Exams Total Q&A: 773 Questions and Answers
Last Update: 2014-05-21

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Exam Code: 1Z0-047
Exam Name: Oracle Database SQL Expert
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1Z0-047 Exam Tests Total Q&A: 260 Questions and Answers
Last Update: 2014-05-21

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Exam Code: 1Z0-533
Exam Name: Oracle Hyperion Planning 11 Essentials
One year free update, No help, Full refund!
1Z0-533 Latest Dumps Total Q&A: 71 Questions and Answers
Last Update: 2014-05-21

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NO.1 For each subledger there should be one _____.
A. Account Type
B. Journal Category
C. Journal Type
D. Journal Source
Answer: D

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NO.2 Which two are true statements regarding elimination? (Choose two.)
A. You must specify an elimination company in the Elimination Sets window.
B. You can define balancing options for eliminating entries.
C. You can define an elimination set to contain a single elimination entry.
D. Currency is an optional component when defining an elimination set.
Answer: A,D

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NO.3 To review available Financial Statement Generator elements, which two reports would be helpful?
(Choose two.)
A. Column Set Detail Listing, Report Detail Listing
B. Content Set Detail Listing, Report Set Detail Listing
C. Column Set Summary Listing, Row Set Detail Listing
D. Content Set Detail listing, Chart of Accounts - Rollup Detail Listing
Answer: C

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NO.4 What are the possible posting options in Oracle General Ledger?
A. Post Journal batches individually Post multiple batches Use AutoPost
B. Post Journal batches individually Post multiple journals
C. Post multiple batches
Post batches that meet specific criteria by submitting a concurrent request
D. Post Journal batches individually Post multiple batches Post batches that meet specific criteria by
submitting a concurrent request and using Journal Approval
Answer: A

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NO.5 Which statement is correct about the differences between the functionalities of parent accounts and
summary accounts?
A. Summary accounts speed up the posting process, whereas parent accounts require additional time for
the posting process.
B. Summary accounts use the summing segment type for mass allocations, whereas parent accounts use
the looping segment type.
C. Summary accounts cannot be used in budget formulas, whereas parent accounts can be used in
budget formulas.
D. Summary accounts balances can be viewed in the Account Inquiry form, whereas parent accounts
balances cannot be viewed in that form.
E. Summary accounts slow down the generation of Financial Statement Generators, whereas parent
accounts will help generate quicker results.
Answer: D

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NO.6 Which report would provide information about the processing type (parallel or sequential) that may be
defined for reports?
A. Report Detail Listing
B. Content Set Summary Listing
C. Row Set Summary Listing
Answer: B

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NO.7 ABC.com, the GL accountant, comes to you and says that he has defined the budget, and budget
amounts have been entered and approved by management. After approval he wants his assistant
accountants to NOT be able to update this budget. What is your response?
A. If the client wants to do this, then customization of workflow is the only option.
B. If the client wants to do this, then the budget status should be Current.
C. If the client wants to do this, then the budget status should be Frozen.
D. Oracle GL budget functionality cannot satisfy this requirement.
Answer: C

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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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