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: Aug 07, 2025

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Question 1

Mark, the GL accountant, asks you whether he can use the constant (C) segment type with the parent segment values while defining the MassAllocation formula. What would be your response?

A : Whether you can do this depends on the formula.

B : You can customize the workflow and then do this.

C : Whether you can do this depends on the responsibility

D : You can do this only if Allow Dynamic Insert is enabled

E : You can do this only if there is a summary account associated with the parent.

Answer: A

Question 2

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 3

What is the order of execution when a new transaction is created?

A : main doc integration, advanced main doc default BML, attribute defaults

B : advanced main doc default BML, attribute defaults, main doc integration

C : process integration, attribute defaults, advanced main doc default BML

D : attribute defaults, advanced main doc default BML, process integration

E : process integration, advanced main doc default BML, attribute defaults

F : process integration, attribute defaults, advanced main doc default BML, main doc integration

Answer: D

Question 4

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 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: Aug 07, 2025

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