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Oracle 1Z0-517 Exam Dumps

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Description

Exam Name: Oracle E-Business Suite 12: Oracle Payables Essentials
Exam Code: 1Z0-517

Related Certification(s):

  • Oracle E-Business Suite Certifications
  • Oracle Partner Network OPN Certifications
Certification Provider: Oracle
Actual Exam Duration: 150 Minutes
Number of 1Z0-517 practice questions in our database: 137 

Expected 1Z0-517 Exam Topics, as suggested by Oracle :

  • Module 1: Explain the prerequisites for the Period Close process/ Explain shared entities within R12 E-Business Suite
  • Module 2: Identify advances, contract financing and progress payment invoices/ Navigate from Personal Home Page to Applications
  • Module 3: Identify key implementation considerations for Multi-Org/ Create Favorites and set Preferences
  • Module 4: Explain the concepts of subledger accounting/ Describe the types of organizations supported in the Multi-Org model
  • Module 5: Insert manual tax lines and update transaction tax lines/ Describe how the procure-to-pay process fits into the Oracle E-Business Suite of applications
  • Module 6: Recoup prepaided amounts for complex service contract/ Describe R12 E-Business Suite architecture/ Explain Enhanced Multiple-Organization Reporting
  • Module 7: Create withholding tax on Standard Invoices, Recurring Invoices and Application of Prepayment/ Describe additional implementation considerations related to Period Close
  • Module 8: Identify key reports related to transaction taxes/ Describe Flexfields and their components/ Run and monitor Reports and Programs
  • Module 9: Describe the purpose of complex service contracts/ Navigating in R12 Oracle Applications
  • Module 10: Describe additional implementation considerations related to payments/ Describe additional implementation considerations related to suppliers
  • Module 11: Describe additional implementation considerations related to invoices/ Reconcile accounts payable transactions for the period

Q1. Here is a description of a report, file, or register. Use this to review payments created for each bank account that you use during a time period you specify. The report lists each payment, as well as total payment amount and cleared amount of all payments. Identify the name of this standard report.

A.Positive Pay File

B. Payment Register

C. Payment Exceptions Report

D. Payment Process Request Status Report

Correct Answer: B

Q2. Identify three true statements regarding Multiple Organization reporting. (Choose three.)

A.Cross Organization reports and multiple Organization reports are the same.

B. Cross Organization reports can be submitted for a Reporting Level of Ledger.

C. Multiple Organization reports can be submitted for a Reporting Level of Ledger.

D. Multiple Organization reports produce outputs for different Operating Units one at a time from a single responsibility.

E. Cross Organization reports produce outputs across different Operating Units in a single report from a single responsibility.

F. Multiple Organization reports produce outputs for different Operating Units in a single report output from a single responsibility.

Correct Answer: B, D, E

Q3. Identify three statements that properly describe the use of distribution sets. (Choose three.)

A.Assign a distribution set to an invoice when you enter it.

B. Use full distribution sets to create distributions with no set percentage amounts.

C. Use skeleton distribution sets to create distributions with set distribution amount.

D. Assign a default distribution set to a supplier site, so Payables will use it for every invoice you enter for that supplier site.

E. Use a distribution set to enter distributions for an invoice automatically when you are not matching it to a purchase order.

Correct Answer: A, D, E

Q4. Identify three features of shared entities in Oracle E-Business Suite Release 12. (Choose three.)

A.enable one-time definition of objects

B. are referenced by several Oracle Application modules

C. are defined in each oracle Application module separately

D. are owned by a single Oracle Application module for table purposes only

E. are owned by a single Oracle Application module to designate the primary user or decision maker

Correct Answer: A, B, D

Q5. Identify the item that requires approval through the workflow process.

A.Invoices not matched to a purchase order.

B. Invoices that existed before you enabled the feature

C. expense reports imported through the Payables Expense Report Import Program

D. recurring invoices if the recurring invoice template did not have the Approval Workflow Required option enabled

Correct Answer: A

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