Oracle EBS R12.1 Payables Essentials - 1Z0-517 Exam Practice Test
During the cutover phase of a project to implement Oracle E-Business Suite Release 12, you are responsible for converting historical account balances into Oracle General Ledger from a legacy system. There is no Account Code Combination setup in the Production Instance.
Identify the setup in the Accounting Key Flexfield structure that is required to perform this conversion.
Identify the setup in the Accounting Key Flexfield structure that is required to perform this conversion.
Correct Answer: E
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Which is the final step in processing a payment batch?
Correct Answer: C
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Which three reports can be used to reconcile Payables activities to General Ledger? (Choose three.)
Correct Answer: A,B,E
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Select three features that Multi-Org provides to satisfy business needs. (Choose three.)
Correct Answer: B,C,D
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Identify the three levels that a Pay Group may be assigned. (Choose three.)
Correct Answer: B,C,D
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Identify the four resources that Oracle Technology Network (OTN) provides. (Choose four.)
Correct Answer: A,B,D,E
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The Payments Manager in Oracle Payables is a module that comprises five components, and is used to create multiple payments.
Identify the one component that is NOT found in the Payments Manager.
Identify the one component that is NOT found in the Payments Manager.
Correct Answer: D
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Identify two features of Oracle Workflow in Oracle E-Business Suite Release 12. (Choose two.)
Correct Answer: A,B
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Identify three statements that describe Payment Terms. (Choose three.)
Correct Answer: A,B,C
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Identify three considerations for implementing internal controls for payment processing. (Choose three.)
Correct Answer: A,D,E
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