Oracle 1Z0-517 Online Practice Questions and Exam Preparation

Oracle 1Z0-517 Online Questions & Answers

• Question 201:

  The period-close processes of which Oracle Applications can be directly affected by the Payables period-close activities and processes? (Choose all that apply)

  A. Purchasing
  B. Installed Base
  C. Advanced Pricing
  D. Assets
  E. Enterprise asset Management (EAM)
  A. Purchasing
  D. Assets

• Question 202:

  During the entry or update of expense reports in the Paybles Expense Report window, holds can be applied on an expense report. These holds are carried forward to the invoice created from the expense report in Payables.

  Which statement is true?

  A. Only one user-defined hold and no system hold can be applied on one expense report in the Payables Expense Report window.
  B. Any number of user-defined holds and only one system hold can be applied on one expense report in the Payables Expense Report window.
  C. Only one user-defined hold and any number of system holds can be applied on one expense report in the Payables Expense Report window.
  D. Any number of user-defined holds and any number of system holds can be applied on one expense report in the Payables Expense Report window.
  A. Only one user-defined hold and no system hold can be applied on one expense report in the Payables Expense Report window.

• Question 203:

  Which is the final step in processing a payment batch?

  A. Cancel the payment batch.
  B. Confirm the payment batch.
  C. Validate the payment batch.
  D. Run the create accounting process.
  E. Transfer the batch to General Ledger.
  B. Confirm the payment batch.

• Question 204:

  Select four tips that can be used to speed up data entry. (Choose four)

  A. Use quick invoices.
  B. Use distribution sets.
  C. Use recurring invoices.
  D. Use keyboard shortcuts.
  E. Use only invoices without holds.
  A. Use quick invoices.
  B. Use distribution sets.
  C. Use recurring invoices.
  D. Use keyboard shortcuts.

• Question 205:

  What are the three options available for the parameter `Transfer to GL interface' when running the request `Payables Transfer to General Ledger' ? (Choose three.)

  A. In Detail
  B. Summarize by Invoice Date
  C. Summarize by Payment Date
  D. Summarize by Accounting Date
  E. Summarize by Accounting Period
  A. In Detail
  D. Summarize by Accounting Date
  E. Summarize by Accounting Period

• Question 206:

  Which four lookups can be added with additional values at the time of implementation and also after implementation? (Choose four.)

  A. Free on Board (FOB)
  B. Invoice Type
  C. Bank Branch
  D. Automatic Withholding Tax (AWT) Rate Type
  E. Automatic Withholding Tax (AWT) Certificate Types
  A. Free on Board (FOB)
  C. Bank Branch
  D. Automatic Withholding Tax (AWT) Rate Type
  E. Automatic Withholding Tax (AWT) Certificate Types

• Question 207:

  To set up Offset Tax under the Tax Configuration tab, which Tax Configuration tab must you select to locate and enable "Set as Offset Tax"?

  A. taxes
  B. tax rules
  C. tax rates
  D. tax statuses
  E. tax regimes
  A. taxes

• Question 208:

  In the Multi-Org model of Oracle E-Business Suite Release 12, which organization type owns Bank Account?

  A. Ledger
  B. Legal Entity
  C. Operating Unit
  D. Balancing Entity
  E. Business Group
  B. Legal Entity

• Question 209:

  Where does the expense AP accrual account used in the Period End Accrual process default from?

  A. Financial Options
  B. Payables Options
  C. Receiving Options
  D. Purchasing Options
  D. Purchasing Options

• Question 210:

  Subledger Accounting is a rule-based accounting engine that centralizes accounting for Oracle E- Business Suite Release 12 products. Select the Oracle application that is NOT a Subledger Accounting module.

  A. Assets
  B. Payables
  C. Purchasing
  D. Receivables
  E. General Ledger
  E. General Ledger