Free Oracle 1Z1-517 Exam Dumps Questions & Answers


Exam Code/Number:	1Z1-517Join the discussion
Exam Name:	Oracle EBS R12.1 Payables Essentials
Certification:	Oracle
Free Question Number:	140
Publish Date:	Oct 05, 2026
# of views:	3000
Rating 100%

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Total 140 questions

Question 1

Identify three considerations for implementing internal controls for payment processing. (Choose three.)

A.credentials of the payment processing staff
B.amend payment methods
C.proper segregation of duties
D.physical security
E.fewer payment runs

Question 2

Select two restrictions that apply to consolidating budget balances. (Choose two.)

A.If the source and target budgets do not share the same start period, you must consolidate a specific period to a specific period.
B.If the source and target budgets do not share the same calendar, you must consolidate a specific period to a specific period.
C.If the source and target budgets do not share the same ledger, you must consolidate a specific period to a specific period.
D.If the source and target budgets share the same calendar, you must consolidate a specific period to a specific period.
E.If the source and target budgets share the same start period, you must consolidate a specific period to a specific period.

Question 3

Purchasing has numerous activities that are performed as a key part of the Procure-to-Pay process.
Select three activities that are performed in the Purchasing module that will integrate into Payables. (Choose three.)

A.performing receiving
B.creating purchase orders
C.scheduling payments
D.creating purchase order detailed accounting information
E.cancelling invoices

Question 4

Employee information in Oracle E-Business Suite Release 12 is partitioned by _____.

A.HR Organization
B.Legal Entity
C.Inventory Organization
D.Operating Unit
E.Business Group

Question 5

XYZ Corporation uses Fixed Assets to manage their Asset transactions such as capitalizing, depreciating, adjusting, and retiring. After assets are purchased and the invoice is entered and accounted for, the company runs the Mass Additions Create process to send assets to Fixed Assets.
When the purchase order is written, which account must be specified on the purchase order distribution for the charge account?

A.the asset clearing account associated with an asset category in Assets
B.the material account associated with the inventory organization
C.the asset cost account associated with an asset category in Assets
D.the AP trade liability account associated with the operating unit