1Z0-518 Oracle Exam Questions and Free Practice Test

Question 7

Select three features that Multi-Org provides to satisfy business needs. (Choose three.)

A. secures user access to data

B. supports fixed asset management

C. procures from one Legal Entity and receives in another

D. supports multiple language installations of Oracle Applications

E. supports any number of business units within a single installation

Correct Answer:ACE

Question 8

Which three major application product families are Included in the Oracle E-Business Suite Release 12 footprint? (Choose three.)

A. Oracle Workflow

B. Oracle Financials

C. Oracle Applications Framework

D. Oracle Applications Object Library

E. Oracle Project Management Product Suite

F. Oracle Human Resources Management System Suite

Correct Answer:BEF

Question 9

To properly associate one transaction type with another In Receivables, you have to define transact/on types In a specific order. Identify the correct order.

A. invoice, credit memo, debit memo

B. Invoice, debit memo, credit memo

C. credit memo, invoice, debit memo

D. credit memo, debit memo, invoice

E. debit memo, invoice, credit memo

F. debit memo, credit memo, invoice

Correct Answer:C

Question 10

Identify four discount basis options available that define how Receivable calculates discounters (Choose four.)

A. gross amount

B. freight amount

C. Invoice amount

D. lines only amount

E. lines and tax amount

F. lines, freight, and tax amount

Correct Answer:CDEF

Question 11

Which three statements are true about modifying flexfield values? (Choose three.)

A. The values cannot be disabled.

B. The value description can be changed.

C. The effective dates for a value can be limited.

D. The values can be deleted after they are defined.

E. The values cannot be modified after they are defined.

Correct Answer:BCE

Question 12

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. Use forms personalization to restrict function access.

B. Set the "AR: Cash - Allow Actions" system profile to no at the responsibility level.

C. Set the "AR: Cash - Allow Actions" system profile to no at the user level for the three analysts.

D. Set the "AR: Cash - Allow Actions" system profile to yes at the user level for the three analysts.

E. Set the "AR: Cash - Allow Actions" system profile to yes at the application level for the three analysts.

Correct Answer:C

START 1Z0-518 EXAM