Free Oracle 1Z1-518 Exam Dumps Questions & Answers

A receipt of $2,000 Is received for an Invoice that has $1,500 as the amount due. The remittance advice does not state a reason for the overpayment Identify the receipt state that should be displayed;

• A.unidentified
• B.unapplied
• C.on-account
• D.applied
• E.partially applied

Ten analysts are assigned the same Receivables responsibility and are given their own logins. The requirement is to restrict three of the analysts from creating chargebacks or adjustments.
What would be your advice to ensure compliance with this internal control?

• A.Set the "AR: Cash - Allow Actions" system profile to yes at the user level for the three analysts.
• B.Set the "AR: Cash - Allow Actions" system profile to yes at the application level for the three analysts.
• C.Set the "AR: Cash - Allow Actions" system profile to no at the responsibility level.
• D.Use forms personalization to restrict function access.
• E.Set the "AR: Cash - Allow Actions" system profile to no at the user level for the three analysts.

Identify the two benefits of using Multi-Org Access Control. (Choose two.)

• A.View asset Information across multiple asset books.
• B.View Consolidated requisitions across Operating Units using a single responsibility
• C.Enter Payables Invoices for different Operating Units using a single responsibility.
• D.Restrict access to users based on their Quantization assignments.
• E.Submit and view data across different Ledgers using a single responsibility.

Identify four tasks that you can perform using Oracle Workflow in Oracle E-Business Suite Release 12, (choose four}

• A.Generate account code combinations,
• B.Automata business processes,
• C.Integrate with third party business systems that are not on a company network.
• D.Generate Inventory item numbers using item generator workflow,
• E.Send notifications using Advanced Queuing,
• F.Approve standard business documents,

Journal creation rules in Subledger Accounting are defined by event type and event class. Identify the event type associated with the event class of reverse.

• A.transactions
• B.adjustment
• C.receipts
• D.bills receivable
• E.chargeback
• F.invoice
• G.credit memo