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: Dec 16, 2025

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Question 1

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

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

For a multi-language Document Designer template, which of the following two activities are possible for the nondefault language view?

A : Modify date and currency formats

B : Move text elements between elements and layouts

C : Add new image element in a section

D : Add or remove table element’s rows and columns

E : Change text content

Answer: A,C

Question 3

Your customer has sales organizations in two countries.

The customer wants to make sure that users from one country have access only to quotes from that country.

How do you achieve this?

A : Define two groups: Country A and Country B. For each step, define two different participant profiles: Profile A and Profile B. For each profile, select one matching group

B : Hide Transaction Manager in CPQ and make sure that all access to quotes is performed from the CRM system where you can easily define which quotes should be visible for different users

C : Define different steps (for example, Pending A and Pending B) for each country. The participant profile of each step allows access through user groups (either Group A or Group B depending on the step). Using transition rules, make sure that quotes for Country A are always moved to steps belonging to that country

D : Define two groups: Country A and Country B. Define a participant profile, Sales, for each step. Define an auto-forwarding rule which returns either “Group A~company~Sales” or “Group B~company~Sales”.

Answer: A

Question 4

Which three statements are true about the revaluation process? (Choose three.)

A : You must post the revaluation journal entries

B : The revaluation process must be executed after the translation process has completed.

C : This process revalues the foreign currency portion of the account balances by using the revaluation rate defined in the period rates table.

D : Revaluation calculates the differences between the current cumulative functional currency balance of the foreign transactions and the revalued functional currency balance calculated by using the revaluation rate

Answer: A,C,D

Question 5

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

Page: 1 / 37

Total 185 Questions | Updated On: Dec 16, 2025

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