Free Oracle 1Z0-517 Exam Dumps Questions & Answers

The Payments Manager in Oracle Payables is a module that comprises five components, and is used to create multiple payments.
Identify the one component that is NOT found in the Payments Manager.

• A.  refunds
• B.  payment instructions
• C.  templates
• D.  payments
• E.  payments dashboard (home)
• F.  payment process requests

Select the three windows where a user can manually release an invoice hold or payment hold. (Choose three.)

• A.  Invoice Lines
• B.  Scheduled Payments
• C.  Actions
• D.  Holds
• E.  All Distributions

Identify three features of a Balancing Entity. (Choose three.)

• A.  A Legal Entity may comprise one or more than one balancing segments.
• B.  Oracle E-Business Suite Release 12 automatically secures balancing segment values within your chart of accounts with specific Legal Entities or Operating Units.
• C.  A Balancing Entity is represented as a balancing segment value in the accounting flexfield structure.
• D.  Multiple Balancing Entities within the same Operating Unit structure is not supported.
• E.  Balance sheets are prepared for a Balancing Entity.

Identify three key accounts to be considered during the implementation of Payables that impacts the reconciliation of the accounts payable liability accounts. (Choose three.)

• A.  accrual charge account
• B.  accrued Payables account
• C.  receiving inventory account
• D.  expense AP accrual account
• E.  receiving accrual account
• F.  AP liability account
• G.  inventory AP accrual account

Identify three open interfaces used to import data into Payables from other applications or third-party solutions. (Choose three.)

• A.  Payables iSupplier Open Interface
• B.  Payables Payments Open Interface
• C.  Payables Supplier Open Interface
• D.  Payables Credit Card Open Interface
• E.  Payables Pcard Open Interface
• F.  Payables Lease Open Interface