Online 1Z0-518 Practice Test

Question 1

Daily business Intelligence pages summarized content for a particular functional area, Identity three features that the pages contain, (Choose three)

Options :

A : Region

B : Report

C : Parameter

D : Responsibilities

E : Key Performance Indicators (KPIs)

Answer: A,C,E

Question 2

Identify three features of a Balancing Entity. (Choose three.)

Options :

A : Balance sheets are prepared for a Balancing Entity.

B : A Legal Entity may comprise one or more than one balancing segments.

C : Multiple Balancing Entities within the same Operating Unit structure is not supported.

D : A Balancing Entity is represented as a balancing segment value in the accounting flexfield structure.

E : Oracle E-Business Suite Release 12 automatically secures balancing segment values within your chart of accounts with specific Legal Entities or Operating

Answer: A,B,D

Question 3

You are the Human Resources lead for the ERP implementation of ABC Corporation. You have defined the employees in Oracle Human Resources. Select three activities that utilize the employee record. (Choose three.)

Options :

A : Approvals

B : Asset assignment

C : Organization creation

D : Journal Entry creation

E : AutoCreate Purchase Orders

Answer: A,B,E

Question 4

You want an invoice to be due in four stages.

What should you do when creating the invoice to accomplish this?

Options :

A : Assign an invoicing rule with four schedules.

B : Assign an accounting rule with four schedules.

C : Assign payment terms that have four payment schedules.

D : Assign payment terms that have four discount periods defined.

E : Create four lines and assign different payment terms to each line.

Answer: C

Question 5

The organization that Receivables uses to validate items is set up using______.

Options :

A : the AR: Items Flexfield Mode profile option

B : the AR: Allow Manual Invoice Lines profile option

C : the AR: Item Validation Organization profile option

D : item validation organization In the OM Parameters window

Answer: D

EXPERTY DESIGNED 1Z0-518 PRACTICE TEST