Online Access Free 1Z1-518 Practice Test

ABC Corp. has the following Organization Structure:
1) Legal Entity: A
2) Operating Units: B and C
3) Balancing Entities: 10, 20, and 30
Identify three correct statements regarding the Balancing Entity. (Choose three.)

• A.Balancing Entity is the lowest postable unit in the Chart of Accounts.
• B.There can be multiple Balancing Entities within an Operating Unit.
• C.Balancing Entities can be secured at the Operating Unit level through Security Rules.
• D.Balancing Entities can be automatically secured at the Legal Entity level.
• E.Each Balancing Entity must balance within itself.

Which statement best describes stages In the credit review process?

• A.manually reviewing customers' past billing and payment history, initiating discussions with customers, and implementing recommendations
• B.manually initiating a review by sending out malls to customers requesting information, reviewing and making recommendations, and implementing recommendations after approval
• C.defining a profile class, assigning it to customers, setting up the scoring model, and starting the workflow background process
• D.initiating a credit review, data collection, data analysis, making and implementing the recommendations

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

Identify two features of a Value Set that has a validation type of "None." (Choose two.)

• A.The Flexfield value security rules cannot be used for a segment that uses this Value Set
• B.It has an approved list of values associated with it
• C.Users can enter any value that they want even if It does not meet formatting requirements.
• D.The entered value must meet the formatting requirements.

Select four processes that are facilitated by the credit management workflow. (Choose four.)

• A.implementing credit decisions for organizations
• B.implementing credit decisions for individuals
• C.analyzing customer account credit data for Individuals
• D.gathering organization account credit data
• E.analyzing prospect credit data
• F.gathering prospect credit data