Oracle Oracle Certifications 1Z0-517 Questions & Answers

• Question 211:

  Which three restrictions apply when you are paying invoices with a "quick" payment type? (Choose three.)

  A. You can select only those invoices that are due.

  B. If you want to pay multiple invoices, none can be a pay-alone invoice.

  C. If you want to pay multiple invoices, none can be of an invoice type of prepayment.

  D. You can pay only as many invoices as you defined for the remittance advice of the payment document.

  E. You can select only those invoices that have the same supplier site as the payment supplier site you enter.

  Correct Answer: BDE

• Question 212:

  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.)

  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 create 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.

  Correct Answer: AC

• Question 213:

  The Quick Payment method is best described as the method of _____.

  A. creating a payment without an invoice

  B. manually writing a check outside of Payables

  C. recording a payment made outside of Payables

  D. creating and printing a computer-generated payment to pay a supplier for one or more invoices

  Correct Answer: D

• Question 214:

  Which four selection criteria can be used when creating a pay run? (Choose four.)

  A. supplier

  B. due date

  C. customer

  D. pay group

  E. invoice batch

  F. payment priority

  Correct Answer: ADEF

• Question 215:

  To review All of Todays selected invoices from the payment process request in the Payment Manager, perform these actions:

  1.

  Navigate to the Payment Process Request component.

  2.

  Navigate to the (B) Views window.

  3.

  Select All of Todays from the drop-down list.

  4.

  Click the Go button.

  5.

  The payment process request for today is displayed. Select the actions, arranged in their proper sequence.

  A. 2, 3, 4, 5

  B. 5, 2, 3, 4

  C. 1, 2, 3, 4, 5

  D. 5, 2, 3, 4, 5

  Correct Answer: C

• Question 216:

  R12 uses simplified navigation paths. To which specific button or navigational notation does (ST) refer?

  A. start

  B. stop

  C. save

  D. submit

  E. search

  F. subtab

  Correct Answer: F

• Question 217:

  In the Payment Process Requests, which action(s) can you perform on invoices that are selected for a pay run?

  1.

  Review unselected invoices.

  2.

  Change the invoice amount or the discount taken.

  3.

  Add selected invoices to the payment process request.

  4.

  Remove selected invoices from the payment process request.

  5.

  Recalculate interest, payment withholding, or exchange rates.

  A. All actions 1-5.

  B. 1, 3 and 4 only.

  C. 1, 2 and 5 only.

  D. 1, 2, 3 and 4 only.

  Correct Answer: B

• Question 218:

  Payment process request templates are created on the Templates tabbed page of the Payments Manager to simplify pay run processing. All statements in the list below represent steps to create a payment process request template. Which one is the first step?

  A. Specify payment attributes.

  B. Specify template header information.

  C. Specify the degree of pay run automation.

  D. Specify invoice payment selection criteria.

  E. Specify how the system handles validation failure on the document and payment levels.

  Correct Answer: B

• Question 219:

  Identify four options for Quick Payments. (Choose four.)

  A. Create a check, save it, and print it later.

  B. Select an invoice that has not been validated.

  C. Select an invoice that has one or more holds.

  D. Create a quick payment, and select an invoice regardless of the due date.

  E. Create a quick payment, and select an invoice regardless of the payments terms.

  F. Create and print a computer-generated payment to pay a supplier for one or more invoices.

  Correct Answer: ADEF

• Question 220:

  Creating multiple scheduled payments allows you to issue partial payment of an invoice or to pay an invoice over multiple dates. Identify the one invoice field that is NOT used on the Scheduled Payments tabbed page.

  A. due date

  B. bank account

  C. gross amount

  D. trading partner

  E. payment method

  F. system hold reason

  Correct Answer: D