Online Access Free 1Z1-517 Practice Test

Identify three features of Payment Manager. (Choose three.)

• A.automatically submits invoices via payment process requests to Oracle Payments for processing and payment
• B.creates payment process request templates by specifying invoice selection criteria
• C.updates a supplier's bank details
• D.uses templates to select invoices to pay that meet the payment criteria
• E.provides calculation of the interest amount

Identify three features that speed up data entry. (Choose three.)

• A.customized folders
• B.account distribution sets
• C.data loader
• D.account aliases
• E.scan invoices

ABC Corp. has determined its Accounting Key Flexfield structure for the implementation of Oracle E-Business Suite Release 12. The Accounting Key Flexfield structure contains five Segments: Company, Business Unit, Department, Account, and Product.
They have the following requirements:
1) The Department values should be based on the Business Units.
2) They want to produce a quarterly Balance Sheet for each Company.
Which three statements are true? (Choose three.)

• A.The Department Segment is qualified as an Intercompany Segment.
• B.The Account Segment has a Value Set with no Validation.
• C.Cross-validation rules are required to enforce dependency of Departments on the Business Units.
• D.The Business Unit Value Set is defined as Independent.
• E.The Product Value Set is dependent on the Accounts.
• F.The Company Segment is qualified as the Balancing Segment.

Use the Invoice Tolerances window to define the matching tolerances you want to allow for variances among invoice, purchase order, and receipt information. You can define both percentage-based and amount-based tolerances. The system checks for these tolerances when Invoice Validation is run.
Select three types of purchase order-matching tolerances. (Choose three.)

• A.Quantity Ordered %
• B.Price %
• C.Price Correction
• D.Shipment Amount
• E.Minimum Quantity Received

Identify two events that take place when an invoice is matched to a purchase order. (Choose two.)

• A.Tolerances are enforced.
• B.The quantity billed is updated.
• C.The purchase order accounting information is copied to the invoice.
• D.The quantity received is updated.