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: Jun 05, 2025

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Question 1

Identify four types of attributes that can be set by formulas. (Choose four.)

A : Currency Attributes

B : Boolean Attributes

C : Text Attributes

D : Date Attributes

E : Single Select Menu Attributes

F : Integer Attributes

Answer: A,B,D

Question 2

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 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

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 5

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

Page: 1 / 37

Total 185 Questions | Updated On: Jun 05, 2025

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