Oracle 1Z0-518 Online Practice Questions and Exam Preparation

Oracle 1Z0-518 Online Questions & Answers

• Question 11:

  The organization that Receivables uses to validate items is set up using______.

  A. the AR: Items Flexfield Mode profile option
  B. the AR: Allow Manual Invoice Lines profile option
  C. the AR: Item Validation Organization profile option
  D. item validation organization In the OM Parameters window
  C. the AR: Item Validation Organization profile option

• Question 12:

  To create a party paying relationship, the relationship type must be hierarchical and the party type must be_______.

  A. child
  B. parent
  C. person
  D. organization
  E. person or organization
  D. organization

• Question 13:

  Identify three tables that can be used to import billing data Into Oracle Receivables. (Choose three.)

  A. RA INTERFACE LINES ALL
  B. RA_INTERFACE_SALES_ALL
  C. RA_INTERFACE_,HEADERS_ALL
  D. RA_INTERFACE_SALESCREDITS_ALL
  E. RA INTERFACE DISTRIBUTIONS ALL
  A. RA INTERFACE LINES ALL
  D. RA_INTERFACE_SALESCREDITS_ALL
  E. RA INTERFACE DISTRIBUTIONS ALL

• Question 14:

  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.
  B. Errors in the AutoInvoice are sent to the Interface Exceptions table.
  D. Receipt accounting can be transferred after the receipts are entered and saved.

• Question 15:

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

• Question 16:

  XYZ Corp. has acquired ABC Corp. XYZ operates with Multi-Org Access Control. Consequently XYZ Corp. needs to add additional Operating Units. Identify the statement that describes the sequence for adding additional Operating Units.

  A. It is not possible to add additional Operating Units.
  B. Set the MO: Operating Unit profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
  C. Set the MO: Security Profile profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
  D. Create the Operating Unit, run the Replicate Seed Data concurrent request, create new responsibilities as necessary, and set up the MO: Default Operating Unit profile option.
  E. Create the Operating Unit, run the Replicate Seed Data concurrent request, assign the Operating Unit to a security hierarchy, run Security List maintenance concurrent program, create new responsibilities as necessary, and set up the MO: Security Profile profile option.
  E. Create the Operating Unit, run the Replicate Seed Data concurrent request, assign the Operating Unit to a security hierarchy, run Security List maintenance concurrent program, create new responsibilities as necessary, and set up the MO: Security Profile profile option.

• Question 17:

  After registering new data sources, you must complete your Bill Presentment Architecture by creating database views.

  How many database views can you create for each data source?

  A. one
  B. nine
  C. three
  D. unlimited
  A. one

• Question 18:

  Identify two statements that apply to Oracle Collections. (Choose two.)

  A. It Is a Web-based self-service application.
  B. It can be used to place an invoice in dispute.
  C. It enables customers to see their own Oracle Receivables account information, such as balances.
  D. It can be used to initiate the Oracle Approvals Management (AME) credit memo request workflow from Oracle Collections.
  B. It can be used to place an invoice in dispute.
  D. It can be used to initiate the Oracle Approvals Management (AME) credit memo request workflow from Oracle Collections.

• Question 19:

  You have logged In to the Oracle E-Business Suite Release 12 Instance and accessed your worklist. You see four FYI notifications in your default Worklist view. You opened the first notification and clicked the "OK" button after reviewing the content.

  Identify three things that can happen after you return to your worklist. (Choose three.)

  A. You see four notifications in your worklist.
  B. You see three notifications in your worklist.
  C. Status of the first notification has been updated to "Delete."
  D. Status of the first notification has been updated to "Closed."
  E. You can view the first notification by choosing the "All Notifications" view from your worklist.
  F. You can view the first notification by choosing the "FYI Notifications" view from your worklist.
  B. You see three notifications in your worklist.
  D. Status of the first notification has been updated to "Closed."
  E. You can view the first notification by choosing the "All Notifications" view from your worklist.

• Question 20:

  Which four transaction types or activities are affected by the "AR: Disable Receivable Activity Balancing Segment" profile option? (Choose four.)

  A. invoices
  B. adjustments
  C. late charges
  D. debit memos
  E. credit memos
  F. discounts (both earned and unearned)
  G. activity applications (such as receipt write-off, short-term debt, and claims Investigation)
  B. adjustments
  C. late charges
  F. discounts (both earned and unearned)
  G. activity applications (such as receipt write-off, short-term debt, and claims Investigation)