Oracle 1Z0-518 Online Practice Questions and Exam Preparation

Oracle 1Z0-518 Online Questions & Answers

• Question 61:

  Select three statements that apply to IReceivables. (Choose three.)

  A. It Is a Web-based self-service application.
  B. It can be used to verify the status of Invoices and receipts.
  C. It is geared towards call centers, as well as credit and collections departments.
  D. It can be used to initiate the Oracle Approvals Management (AME) credit memo request workflow.
  A. It Is a Web-based self-service application.
  B. It can be used to verify the status of Invoices and receipts.
  D. It can be used to initiate the Oracle Approvals Management (AME) credit memo request workflow.

• Question 62:

  Which two statements are true regarding ownership of shared entities? (Choose two)

  A. Items is owned by Oracle Purchasing, whereas Locations Is owned by Oracle Receivables,
  B. Suppliers is owned by Oracle Purchasing, whereas Units of Measure Is owned by Oracle Inventory.
  C. Ledger is owned by Oracle General Ledger, whereas Locations Is owned by Oracle Human Resources.
  D. Customers is owned by Oracle Human Resources, whereas Locations is owned by Oracle Receivables.
  E. Sales Force is owned by Oracle Order Management, whereas Employees is owned by Oracle Human Resources.
  B. Suppliers is owned by Oracle Purchasing, whereas Units of Measure Is owned by Oracle Inventory.
  C. Ledger is owned by Oracle General Ledger, whereas Locations Is owned by Oracle Human Resources.

• Question 63:

  ABC Corporation will be implementing Oracle E-Business Suite Release 12. Purchasing, Payables, Receivables, General Ledger, Assets, Projects, Order Management and Cash Management will be implemented.

  Select three business flows that would involve these products. (Choose three.)

  A. Click to Order
  B. Order to Cash
  C. Procure to Pay
  D. Project to Profit
  E. Demand to Build
  F. Campaign to Order
  B. Order to Cash
  C. Procure to Pay
  D. Project to Profit

• Question 64:

  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 Quantization 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
  D. Enter Payables Invoices for different Operating Units using a single responsibility.
  E. View Consolidated requisitions across Operating Units using a single responsibility

• Question 65:

  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
  A. Approvals
  B. Asset assignment
  E. AutoCreate Purchase Orders

• Question 66:

  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
  A. creating a case folder
  C. creating a credit application
  E. sending notifications to the credit scheduler

• Question 67:

  Identify the profile option that Is required to enable Multi-Org Access Control for multiple Operating Units.

  A. HR: User Type
  B. MO: Operating Unit
  C. MO: Security Profile
  D. HR: Business Group
  E. MO: Default Operating Unit
  C. MO: Security Profile

• Question 68:

  AutoLockbox execution employs a multistep process. These steps can be submitted individually or at the same time from the Submit lockbox Processing window.

  Identify the correct sequential combination of steps that are executed white running the AutoLodcbox concurrent process In Oracle Receivables.

  A. enter receipts, validate data, apply QuickCash
  B. import bank file, validate data, post QuickCash
  C. Import bank file, enter receipts, validate QuickCash
  D. enter receipts. Import bank file, validate data, post QuickCash
  E. enter receipts. Import bank file, validate data, post QuickCash, apply receipts
  B. import bank file, validate data, post QuickCash

• Question 69:

  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.
  D. Enter Payables invoices for different Operating Units using a single responsibility.
  E. View Consolidated requisitions across Operating Units using a single responsibility.

• Question 70:

  Which two options would you use to restrict the functionality provided by a responsibility? (Choose two.)

  A. creating an appropriate role
  B. creating an appropriate group
  C. constructing a new menu hierarchy
  D. defining rules to exclude specific functions
  C. constructing a new menu hierarchy
  D. defining rules to exclude specific functions