1Z0-518

Oracle E-Business Suite 12: Oracle Receivables Essentials

Document version: 19.10.11

1Z0-518 Exam Questions

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1Z0-518 Exam Questions

Question: 1

Which two options would you use to restrict the functionality provided by a
responsibility? (Choose two.)
A. creating an appropriate role
B. creating an appropriate group
C. constructing a new menu hierarchy
D. defining rules to exclude specific functions

Answer: C, D
Question: 2

Which four transaction types or activities are affected by the "AR: Disable Receivable
Activity Balancing Segment" profile option? (Choose four.)
A. Invoices
B. Adjustments
C. Late charges
D. Debit memos
E. Credit memos
F. Discounts (both earned and unearned)
G. Activity applications (such as receipt write-off, short-tern debt, and claims Investigation)
Answer: B, C, F, G
Question: 3

Your client is Implementing Oracle Financials and Order Management. The AR team lead
has heard about the Tax Reporting Ledger and wants to know which subledger modules
are used by the report. Identify three applications that can be reported by the Tax
Reporting Ledger.
A. Treasury
B. Payables
C. Purchasing

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1Z0-518 Exam Questions

D. Receivables
E. General Ledger
F. Cash Management
G. Order Management
Answer: B, D, E
Question: 4

In order for supplementary data sources to be registered in Oracle Bill Presentment

Architecture (BPA). They must be interfaced with which Oracle Application?
A. Oracle Projects
B. Oracle Receivables
C. Oracle Service Contract
D. Oracle Order Management
Answer: B
Question: 5

Identify the Receivables activity type where you are unable to select the tax rate code
source option of invoice.
A. Adjustment
B. Earned discount
C. Unearned discount
D. Miscellaneous cash
Answer: D
Question: 6

ABC Corp. Has the following Organization Structure: 1) Legal Entity: A 2) Operating Units:
B and C 3) Balancing Entities: 10, 20, and 30 Identify three correct statements regarding
the Balancing Entity. (Choose three.)
A. Each Balancing Entity must balance within itself.

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1Z0-518 Exam Questions

B. There can be multiple Balancing Entities within an Operating Unit.
C. Balancing Entity is the lowest post able unit in the Chart of Accounts.
D. Balancing Entities can be secured at the Operating Unit level through Security Rules.
Answer: A, B, E

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