Oracle 1Z0-516 Practice Questions| TestInsights

Question 3

Exhibit:

View the Exhibit. While entering a journal in the Journals form, you enter a code combination of 29.402.4519.2103.240 in the five-segment Accounting Flexfield. However, you are unable to proceed after entering this account combination.

What could be the problem in the structure definition of the Accounting Flexfield?

AThe ''Freeze Rollup Groups'' check box is selected.

BThe ''Allow Dynamic Inserts'' check box is deselected.

CThe ''Freeze Flexfield Definition'' check box is selected.

DThe ''Cross-Validate Segments'' check box is selected.

Correct : B

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AThe ''Freeze Rollup Groups'' check box is selected.

BThe ''Allow Dynamic Inserts'' check box is deselected.

CThe ''Freeze Flexfield Definition'' check box is selected.

DThe ''Cross-Validate Segments'' check box is selected.

Question 5

Identify the three actions that you can perform using the consolidation workbench. (Choose three.)

AAccess the state controller.

BChange the chart of accounts.

CCreate consolidations sets, which launch multiple consolidations in a single step.

DCreate multi-level hierarchies, which you can view using the graphical consolidation hierarchy viewer.

Correct : A, C, D

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AAccess the state controller.

BChange the chart of accounts.

CCreate consolidations sets, which launch multiple consolidations in a single step.

DCreate multi-level hierarchies, which you can view using the graphical consolidation hierarchy viewer.

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