Online 1Z0-517 Practice Test

Question 1

Identify the profile option that is required to enable Multi-Org Access Control for multiple Operating Units.

Options :

A : HR: User Type

B : MO: Operating Unit

C : MO: Security Profile

D : HR: Business Group

E : MO: Default Operating Unit

Answer: C

Question 2

Identify the conditions that must exist before you can apply an advance against an expense report.

Options :

A : The prepayment type is temporary and has been fully applied.

B : The prepayment type is temporary and has not been fully applied.

C : The prepayment type is permanent, has been validated, and not canceled.

D : The prepayment type is permanent and no active holds exist for the prepayment.

Answer: B

Question 3

Identify the four reports you must run when reconciling invoices and payments to the Accounts Payable Trial Balance Report. (Choose four.)

Options :

A : Void Check Register

B : Posted Invoices Report

C : Posted Payments Report

D : Accounts Payable Trial Balance – prior period

E : Payables Transfer to General Ledger Reports

F : Accounts Payable Trial Balance – current period

G : Account Analysis – (132 Char) / Account Analysis – (180 Char).

Answer: B,C,D,F

Question 4

You can hold the payment of an entire invoice or part of an invoice. This hold prevents a validated invoice from being selected in a Payment Batch, and paid. Identify the Payables window where you can select the Hold check box to place the invoice on a Payment Hold.

Options :

A : Enter Payments

B : Invoice Overview

C : Invoice Distributions

D : Scheduled Payments

Answer: D

Question 5

You have received an invoice that requires an immediate payment. The next scheduled check run is not until the end of the week. Which two methods may you use to create the payment? (Choose two.)

Options :

A :

Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a quick payment.

B :

Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a manual payment.

C :

Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full. This accesses the Payment Workbench and creates a quick payment.

D :

Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full. This accesses the Payment Workbench and creates a manual payment.

Answer: A,C

EXPERTY DESIGNED 1Z0-517 PRACTICE TEST