Oracle Oracle Certifications 1Z0-517 Questions & Answers

• Question 271:

  Select three types of Payables open interfaces that will import data into Payables from other applications or third-party solutions. (Choose three.)

  A. PCard Open Interface

  B. Supplier Open Interface

  C. Matching Open Interface

  D. Receiving Open Interface

  E. Payments Open Interface

  Correct Answer: ABC

• Question 272:

  There are numerous Oracle modules that are integrated into or out of the Payables module. Identify four Oracle modules that are directly integrated with Oracle Payables. (Choose four.)

  A. Loans

  B. Purchasing

  C. Bill of Materials

  D. E-Business Tax

  E. Order Management

  F. Cash Management

  G. System Administrator

  Correct Answer: ABDF

• Question 273:

  What are the three prerequisites for interfacing Payables invoice lines with Assets? (Choose three.)

  A. The invoice has no holds.

  B. The invoice must be posted to General Ledger.

  C. The invoice has been transferred to General Ledger.

  D. The invoice distribution has "Track as Asset" selected.

  E. The distribution account is an Asset Clearing or CIP account.

  Correct Answer: CDE

• Question 274:

  Identify two events that take place when an invoice is matched to a purchase order. (Choose two.)

  A. Tolerances are enforced.

  B. The quantity billed is updated.

  C. The quantity received is updated.

  D. The purchase order accounting information is copied to the invoice.

  Correct Answer: BD

• Question 275:

  Identify the two invoice types processed by the Payables Open Interface process. (Choose two.)

  A. standard

  B. prepayment

  C. debit memos

  D. credit memos

  Correct Answer: AD

• Question 276:

  Identify four interface tables that are available in Oracle Payables. (Choose four.)

  A. Payables Open Interface

  B. Suppliers Open Interface

  C. Payables PCard Interface

  D. Payables Payments Interface

  E. Payables PO Matching Interface

  F. Payables Invoice Open Interface

  Correct Answer: ABCE

• Question 277:

  There are many fields with important data displayed on the main page of the Payables Overview window. Which three fields do NOT appear in the Payables Overview main window? (Choose three.)

  A. Terms

  B. Paygroup

  C. Trading Partner

  D. Settlement Date

  E. Remit-To Bank Account Name

  Correct Answer: ABE

• Question 278:

  There are five major business functions that occur sequentially during the natural flow of the Payables processes. Consider this list of five steps:

  1.

  Invoice Payment

  2.

  Invoice Validation

  3.

  Invoice and Payment Accounting

  4.

  Supplier Entry

  5.

  Invoice Import/Entry

  What is the order in which these steps must be performed?

  A. 1, 2, 3, 4, 5

  B. 4, 5, 2, 1, 3

  C. 5, 3, 1, 2, 4

  D. 3, 1, 4, 2, 5

  E. 4, 2, 5, 1, 3

  Correct Answer: B

• Question 279:

  Subledger Accounting is a rule-based accounting engine that centralizes accounting for Oracle E-Business Suite Release 12 products. Select the Oracle application that is NOT a Subledger Accounting module.

  A. Assets

  B. Payables

  C. Purchasing

  D. Receivables

  E. General Ledger

  Correct Answer: E

• Question 280:

  Oracle Payments is the central payment engine for Oracle E-Business Suite Release 12. Identify three modules that integrate with Oracle Payments. (Choose three.)

  A. Assets

  B. Payables

  C. Receivables

  D. Cash Management

  E. Order Management

  Correct Answer: BCD