Free Oracle 1Z0-516 Exam Questions

Become Oracle Certified with updated 1Z0-516 exam questions and correct answers

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Total 185 Questions | Updated On: Jan 29, 2026

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Question 1

Scott, a consultant with a leading consulting firm, is implementing Oracle General Ledger at a client site and is

setting up FSG reports to be used by different users.

One of the customer requirements is that all users with modify access must not be able to modify privileges on

FSG reports.

Identify the correct option to meet customer requirements

A : Enable the security on definition by selecting the enable security check box

B : Remove the security on definition by deselecting the enable security check box.

C : Exclude the assign access function for those definitions from the user-s responsibility

D : Define security rules and specify what actions can be performed by each user or a group of users

E : Set up profile options against each user and specify what actions can be performed by each user or a group of users

Answer: C

Question 2

When designing an integration with an ERP system, you must communicate with a third party integration tool

(such as a middleware or a hub).

Which three methods can be used to communicate with a middleware in this scenario? (Choose three.)

A : Automated FTP

B : DataCube Reporting

C : urldata function call in a Commerce Advanced Modification BML function

D : Commerce Integration Cloud Service Integration on an Action

E : Formula Management

F : Send XML on a Transition Rule via Real Time Integration

G : Commerce Integration XSLs on an Action

Answer: A,C,D

Question 3

Based on default values, which statement is false about automatic FTP (File Transfer Protocol) processing in CPQ Cloud?

A : You must upload file to the automated folder on the FTP server

B : You must list files in the order in which they should be processed in the upload_list.xml file

C : FTP uploads are processed every 90 minutes

D : You can use the Bulk Data service to extract the file format and upload it via FTP automation

Answer: D

Question 4

Identify two features of a Value Set that has a validation type of “None.” (Choose two.)

A : It has an approved list of values associated with it.

B : The entered value must meet the formatting requirements

C : The Flexfield value security rules cannot be used for a segment that uses this Value Set.

D : Users can enter any value that they want even if it does not meet formatting requirements

Answer: B,C

Question 5

During the cutover phase of a project to implement Oracle E-Business Suite Release 12, you are responsible

for converting historical account balances into Oracle General Ledger from a legacy system. There is no

Account Code Combination setup in the Production Instance.

Identify the setup in the Accounting Key Flexfield structure that is required to perform this conversion.

A : Define Value Sets and assign them to Segments

B : Define Segments in the Accounting FlexField structure

C : Qualify one of the Segments as the Balancing Segment

D : The Key Flexfield Segments have to be enabled and displayed

E : Select the “Allow Dynamic Inserts” check box in the Accounting Key Flexfield structure

Answer: A

Page: 1 / 37

Total 185 Questions | Updated On: Jan 29, 2026

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