1Z0-518 Update - Oracle EBS R12.1 Receivables Essentials Reliable Test Online - Omgzlook

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1Z0-518 PDF DEMO:

QUESTION NO: 1
Which four transaction types or activities are affected by the "AR: Disable Receivable Activity
Balancing Segment" profile option? (Choose four.)
A. invoices
B. activity applications (such as receipt write-off, short-term debt, and claims Investigation)
C. debit memos
D. credit memos
E. discounts (both earned and unearned)
F. late charges
G. adjustments
Answer: B,E,F,G
Explanation
http://www.erpstuff.com/forums/pop_printer_friendly.asp?TOPIC_ID=1994

QUESTION NO: 2
Which three statements are true about Oracle Workflow and Oracle Alerts? (Choose three.)
A. Workflow can support complex conditional
B. Alerts can perform only one action.
C. Alerts run only when a database record is either updated or created
D. Alerts can be configured for any frequency of occurrence.
E. Workflows can wait for a user response during an activity.
F. Alerts can perform multiple actions in a sequence that you specify.
Answer: A,E,F

QUESTION NO: 3
Select four key system options in Oracle Receivables that are related to customers.
(Choose four.)
A. create reciprocal customer
B. receipt method
C. allow payment of unrelated transactions
D. customer credit classification
E. default country
F. automatic site numbering
G. automatic customer numbering
Answer: A,C,F,G
Explanation
http://download.oracle.com/docs/cd/A60725_05/html/comnls/us/ar/system03.htm

QUESTION NO: 4
In the Multi-Org model of Oracle E-Business Suite Release 12, which organization type owns
Bank Account?
A. Business Group
B. Ledger
C. Operating Unit
D. Legal Entity
E. Balancing Entity
Answer: D

QUESTION NO: 5
XYZ Corp. has acquired ABC Corp. XYZ operates with Multi-Org Access Control. Consequently
XYZ Corp.
needs to add additional Operating Units. Identify the statement that describes the sequence for adding additional Operating Units.
A. Create the Operating Unit, run the Replicate Seed Data concurrent request, create new responsibilities as necessary, and set up the MO: Default Operating Unit profile option.
B. It is not possible to add additional Operating Units.
C. Create the Operating Unit, run the Replicate Seed Data concurrent request, assign the Operating
Unit to a security hierarchy, run Security List maintenance concurrent program, create new responsibilities as necessary, and set up the MO: Security Profile profile option.
D. Set the MO: Operating Unit profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
E. Set the MO: Security Profile profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
Answer: C

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Updated: May 27, 2022