1Z0-518 Online Practice Questions and Answers

Identify the two benefits of using Multi-Org Access Control. (Choose two.)

A. View asset Information across multiple asset books.

B. Restrict access to users based on their Organization assignments.

C. Submit and view data across different Ledgers using a single responsibility.

D. Enter Payables invoices for different Operating Units using a single responsibility.

E. View Consolidated requisitions across Operating Units using a single responsibility.

Several fields are required during manual Invoice entry. Which are the fields required at the header level?

A. date, customer, source, type, GL date, legal entity

B. date, legal entity, bill-to, source, type, class, remit-to

C. terms, date, bill-to, source, legal entity, type, remit-to

D. date, customer, source, type, General Ledger (GL) date, class

E. date, source, class, type, GL date, legal entity, bill-to, terms, remit-to

You are setting up Receivable Accounting Events in Subledger Accounting. Identify Event Entity.

A. Invoices

B. deposits

C. guarantees

D. transactions

E. chargebacks

Your client has set up Oracle Lease Management (OLM) and Oracle Credit Management (OCM) without scoring models.

Which three tasks can be successfully completed by Oracle Workflow in OCM without manual intervention? (Choose three.)

A. creating a case folder

B. calculating a credit score

C. creating a credit application

D. creating a final credit recommendation

E. sending notifications to the credit scheduler

Identify two correct statements about Oracle Receivables. (Choose two.)

A. AutoAccounting is only used for the imported transactions.

B. Errors in the AutoInvoice are sent to the Interface Exceptions table.

C. Receivables transactions cannot be changed after they are printed.

D. Receipt accounting can be transferred after the receipts are entered and saved.

E. Transfer to General Ledger can transfer transaction accounting entries after the transactions are entered and saved.

Identify the Receivables activity type where you are unable to select the tax rate code source option of invoice.

A. adjustment

B. earned discount

C. unearned discount

D. miscellaneous cash

Select three features that Multi-Org provides to satisfy business needs. (Choose three.)

A. secures user access to data

B. supports fixed asset management

C. procures from one Legal Entity and receives in another

D. supports multiple language installations of Oracle Applications

E. supports any number of business units within a single installation

Identify three standard views that you can access from the Notification Worklist of Oracle Workflow Self- Service Web pages in Oracle E-Business Suite Release 12. (Choose three.)

A. Open Notifications

B. To Do Notifications

C. Closed Notifications

D. Notifications from Me

E. Rejected Notifications

You are the Human Resources lead for the ERP implementation of ABC Corporation. You have defined the employees in Oracle Human Resources.

Select three activities that utilize the employee record. (Choose three.)

A. Approvals

B. Asset assignment

C. Organization creation

D. Journal Entry creation

E. AutoCreate Purchase Orders

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?

A. The "Freeze Rollup Groups" check box is selected.

B. The "Allow Dynamic Inserts" check box is deselected.

C. The "Freeze Flexfield Definition" check box is selected.

D. The "Cross-Validate Segments" check box is selected.