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Oracle 1Z0-518 Exam -

Free 1Z0-518 Sample Questions:

Q: 1
Which two statements are true about invoicing rules and accounting rules? (Choose two.)
A. If a transaction has an invoicing rule, an accounting rule is optional.
B. If a transaction has an invoicing rule, an accounting rule is not allowed.
C. If a transaction has an invoicing rule, an accounting rule is also required.
D. Invoicing rules and accounting rules have no effect until Invoices are paid.
E. Invoicing rules and accounting rules have no effect unless you choose the accrual method of accounting.
F. Invoicing rules determine when invoices are due. Accounting rules affect how invoices me accounted for.
Answer: C, E

Q: 2
Identify the two values that the Reporting Level parameter can have when using cross organization reports with the Multi-Org Access Control feature. (Choose two)
A. Ledger
B. Legal Entity
C. Operating Unit
D. Security Profile
E. Business Group
Answer: A, C

Q: 3
Identify two correct statements about Oracle Receivables. (Choose two)
A. AutoAccounting is only sued for the imported transactions
B. Error 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
Answer: B, D

Q: 4
Identify three tables that can be used to import billing data Into Oracle Receivables.(Choose three.)
Answer: A,D,E

Q: 5
You are setting up Receivable Accounting Events in Subledger Accounting. Identify Event Entity.
A. Invoices
B. Deposits
C. Guarantees
D. Transactions
E. Chargebacks
Answer: E

Q: 6
Identify the four resources that Oracle Technology Network (OTN) provides. (Choose four.)
A. Sample codes
B. Bug database
C. Technical articles
D. Product dowmloads
E. Product documentation
F. Applications Electronic Technical Reference Manuals (eTRM)
Answer: A, C, D, E

Q: 7
Select four key system options in Oracle Receivables that are related to customers. (Choose four.)
A. Default country
B. Receipt method
C. Antomatic site numbering
D. Create reciprocal customer
E. Customer credit classification
F. Antomatic customer numbering
G. Allow payment of unrelated transactions
Answer: C, D, F, G

Q: 8
The end users at Lucy Ltd, noticed several AutoInvcice exceptions and requested your help In correcting them. Which window allows you to edit data?
A. Lino Errors window
B. Interface Lines window
C. Interface Exception window
D. Interface Eorrections window
Answer: B

Q: 9
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
Answer: A, B, D

Q: 10
Event Types in Subledger Accounting Is a grouping of_.
A. Events
B. Accounts
C. Event Models
D. Event Entitles
E. Event Classes
Answer: E

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