Oracle 1Z0-517 Online Practice Questions and Exam Preparation

Oracle 1Z0-517 Online Questions & Answers

• Question 291:

  If you are using the multiple-organization support feature, select three items that you cannot enter at the supplier level, but only at the supplier-site level. (Choose three.)

  A. distribution set
  B. receipt routing
  C. liability account
  D. match approval level
  E. prepayment account
  A. distribution set
  C. liability account
  E. prepayment account

• Question 292:

  The accounting setup process in Oracle General Ledger consists of three main steps. (Choose three.)

  A. Update accounting options.
  B. Approve accounting options.
  C. Complete the accounting setup.
  D. Create an accounting setup structure.
  A. Update accounting options.
  C. Complete the accounting setup.
  D. Create an accounting setup structure.

• Question 293:

  Flavour Inc. in the United Kingdom has a subsidiary in India known as Spices Inc. Flavour Inc. has a four-segment chart of accounts, whereas Spices Inc. has a five-segment chart of accounts. Select three statements that apply to

  consolidating ledgers with different charts of accounts.

  (Choose three.)

  A. Only one action can be defined per parent segment.
  B. Consolidations based on account rules process faster.
  C. Consolidations based on segment rules process faster.
  D. Segment rules override account rules if there is any conflict.
  E. A segment rule action must be defined for each segment in the parent chart of accounts.
  A. Only one action can be defined per parent segment.
  C. Consolidations based on segment rules process faster.
  E. A segment rule action must be defined for each segment in the parent chart of accounts.

• Question 294:

  To transmit an electronic payment instruction manually, perform these four steps.

  1.

  In the Payments Manager, select the Payment Instruction tab.

  2.

  In the Status field of the Search region, select Formatted - Ready for Transmission and click the Go button.

  3.

  For the applicable payment instruction, click the Take Action icon. The Transmit Payment Instruction: page is displayed.

  4.

  From the Actions drop-down list, select Transmit and click the Go button. Arrange the steps in the proper sequence they would be performed.

  A. 1, 3, 2, 4
  B. 1, 2, 3, 4
  C. 1, 3, 4, 2
  D. 2, 3, 4, 1
  B. 1, 2, 3, 4

• Question 295:

  Identify the item that requires approval through the workflow process.

  A. invoices not matched to a purchase order
  B. invoices that existed before you enabled the feature
  C. expense reports imported through the Payables Expense Report Import Program
  D. recurring invoices if the recurring invoice template did not have the Approval Workflow Required option enabled
  A. invoices not matched to a purchase order

• Question 296:

  Company XYZ has received an invoice that includes freight charges. They want to distribute the freight charges proportionately to the same accounts that were charged for the items. Identify the steps they need to follow to create the freight distributions.

  A. Manually enter freight-type distributions for each account that was charged.
  B. Enable Automatically Create Freight Distribution in the invoice region in the Payables Options window.
  C. Create a freight distribution by selecting the Create Freight Distribution check box in the Invoices window.
  D. In the Distributions window, click the Allocate button, identify the distribution type as Freight, select Prorate, and select the distributions to which freight charges would be allocated.
  D. In the Distributions window, click the Allocate button, identify the distribution type as Freight, select Prorate, and select the distributions to which freight charges would be allocated.

• Question 297:

  Treeline Company is getting ready to complete its month-end process. It needs to create a profit- and-loss statement and wants to use the Financial Statement Generator feature to create the report. Which two elements are required to create the report? (Choose two.)

  A. row set
  B. report set
  C. workbook
  D. column set
  E. content set
  A. row set
  D. column set

• Question 298:

  You have received an invoice that requires an immediate payment. The next scheduled check run is not until the end of the week. Which two methods may you use to create the payment? (Choose two.)

  A. Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a quick payment.
  B. Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a manual payment.
  C. Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full. This accesses the Payment Workbench and create a quick payment.
  D. Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full. This accesses the Payment Workbench and creates a manual payment.
  A. Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a quick payment.
  C. Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full. This accesses the Payment Workbench and create a quick payment.

• Question 299:

  Identify tree options available to manage cash requirements. (Choose three.)

  A. Include Only Due.
  B. Change Pay Groups.
  C. Select Payment Terms.
  D. Select additional Pay Through Days.
  E. Narrow the selection of invoices in pay run.
  A. Include Only Due.
  D. Select additional Pay Through Days.
  E. Narrow the selection of invoices in pay run.

• Question 300:

  Choose the maximum number of secondary ledgers that can be assigned to a primary ledger.

  A. unlimited
  B. two per primary ledger
  C. one per primary ledger
  D. one per primary ledger with a reporting currency
  A. unlimited