1Z1-518 by Oracle Actual Free Exam Q&As

Question 1

A receipt of $2,000 Is received for an Invoice that has $1,500 as the amount due. The remittance advice does not state a reason for the overpayment Identify the receipt state that should be displayed;

A. applied B. unapplied C. on-account D. partially applied E. unidentified

Discussion 0

Correct Answer: B Vote an answer

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Question 2

The technical architecture In Oracle E-Business Suite Release 12 supports the business needs of the application. Select three technical features included in the technical architecture in Oracle E-Business Suite Release 12. (Choose three.)

A. mobile interface B. rapid implementation C. self-service (HTML/JSPs) D. end-to-end integration E. global F. Business Intelligence

Discussion 0

Correct Answer: A,C,F Vote an answer

Question 3

Identify three setups In Oracle Receivables that control how discounts are calculated.
(Choose three.)

A. profile options B. system options C. payment terms D. receipt classes E. customer profiles

Discussion 0

Correct Answer: A,B,C Vote an answer

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Question 4

A clerk from ABC Inc. receives a customer receipt that does not have sufficient Information to identify the customer or invoice.
Which is the correct method of entering the receipt In Oracle Accounts Receivable?

A. Enter the receipt as an on-account receipt. B. Enter the receipt as a miscellaneous receipt. C. Enter the receipt as an unidentified receipt. D. Enter the receipt as an unapplied receipt. E. Enter the receipt by applying it to a dummy customer account.

Discussion 0

Correct Answer: C Vote an answer

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Question 5

Identify four features of Workflow Monitor. (Choose four)

A. provides only summary-level information about individual activities of a workflow process B. enables you to view your workflows C. enables you to download a workflow definition file D. enables administrators to perform control Operations E. displays status information for the process instance F. enables you to search for a workflow process instance G. enables you to modify a workflow definition file

Discussion 0

Correct Answer: B,D,E,F Vote an answer

Question 6

Identify four tasks that you can perform using Oracle Workflow in Oracle E-Business Suite Release 12, (choose four}

A. Automata business processes, B. Generate account code combinations, C. Approve standard business documents, D. Generate Inventory item numbers using item generator workflow, E. Send notifications using Advanced Queuing, F. Integrate with third party business systems that are not on a company network.

Discussion 0

Correct Answer: A,B,E,F Vote an answer

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Question 7

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

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

Discussion 0

Correct Answer: C,E Vote an answer

Question 8

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. calculating a credit score B. sending notifications to the credit scheduler C. creating a case folder D. creating a credit application E. creating a final credit recommendation

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Correct Answer: B,C,D Vote an answer

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Question 9

Which three statements are true about Oracle Workflow and Oracle Alerts? (Choose three.)

A. Alerts can perform only one action. B. Alerts run only when a database record is either updated or created C. Workflows can wait for a user response during an activity. D. Alerts can perform multiple actions in a sequence that you specify. E. Alerts can be configured for any frequency of occurrence. F. Workflow can support complex conditional

Discussion 0

Correct Answer: C,D,F Vote an answer

Question 10

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. To Do Notifications B. Closed Notifications C. Notifications from Me D. Open Notifications E. Rejected Notifications

Discussion 0

Correct Answer: A,C,D Vote an answer

Oracle EBS R12.1 Receivables Essentials - 1Z1-518 Exam Practice Test