oracle 1z0-518 practice test
Oracle E-Business Suite 12: Oracle Receivables Essentials Exam
Question 1
Identify the two benefits of using Multi-Org Access Control. (Choose two.)
- A. View asset Information across multiple asset books.
- B. Restrict access to users based on their Quantization assignments.
- C. Submit and view data across different Ledgers using a single responsibility.
- D. Enter Payables Invoices for different Operating Units using a single responsibility.
- E. View Consolidated requisitions across Operating Units using a single responsibility
Answer:
D,E
Question 2
Identify two options that users can specify using Multi-Org preferences. (Choose two.)
- A. set up the default Operating Unit
- B. set up frequently accessed responsibilities
- C. set up date, currency, and number formats
- D. set up frequently accessed forms and webpages
- E. set up the access to a limited list of Operating Units
Answer:
A,E
Question 3
View the Exhibit.
While entering a journal in the Journals form, you enter a code combination of
29.402.4519.2103.240 in the five-segment Accounting Flex field. However, you are unable to proceed
after entering this account combination. What could be the problem in the structure definition of the
Accounting Flex field?
- A. The "Freeze Rollup Groups" check box is selected.
- B. The "Allow Dynamic Inserts" check box is deselected.
- C. The "Freeze Flex field Definition" check box is selected.
- D. The "Cross-Validate Segments" check box is selected.
Answer:
B
Question 4
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. It is not possible to add additional Operating Units.
- B. Set the MO: Operating Unit profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
- C. Set the MO: Security Profile profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
- D. 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.
- E. 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.
Answer:
E
Question 5
A Global Single Instance (GSI) provides global enterprise with a single, complete data model, Identify
three features in Oracle E-Business Suite Release 12 that support a GSI, (Choose three)
- A. maintenance of third-party applications
- B. automation of standardized documents and audit processor
- C. decentralization of operations by regions, division, or process
- D. consolidation of data center and lowing administrator overhead
- E. capture of statutory and customary local requirement in the same database
Answer:
B,D,E
Question 6
Which two statements are true regarding ownership of shared entities? (Choose two)
- A. Items is owned by Oracle Purchasing, whereas Locations Is owned by Oracle Receivables,
- B. Suppliers is owned by Oracle Purchasing, whereas Units of Measure Is owned by Oracle Inventory.
- C. Ledger is owned by Oracle General Ledger, whereas Locations Is owned by Oracle Human Resources.
- D. Customers is owned by Oracle Human Resources, whereas Locations is owned by Oracle Receivables.
- E. Sales Force is owned by Oracle Order Management, whereas Employees is owned by Oracle Human Resources.
Answer:
B,C
Question 7
Identify two Descriptive Flex field components whose values are used to determine Contexts.
(Choose two.)
- A. the Context field
- B. Global Segments
- C. the Reference field
- D. Context-sensitive Segments
Answer:
A,C
Question 8
Identify two features of a Value Set that has a validation type of "None." (Choose two.)
- A. It has an approved list of values associated with it
- B. The entered value must meet the formatting requirements.
- C. The Flex field value security rules cannot be used for a segment that uses this Value Set
- D. Users can enter any value that they want even if It does not meet formatting requirements.
Answer:
B,C
Question 9
Identify the four resources that Oracle Technology Network (OTN) provides. (Choose four.)
- A. sample codes
- B. Bug Database
- C. technical articles
- D. product downloads
- E. product documentation
- F. Applications Electronic Technical Reference Manuals (eTRM)
Answer:
A,C,D,E
Question 10
Which four products In Oracle E-Business Suite Release 12 require a Multi-Org setup? (Choose four)
- A. Payables
- B. Purchasing
- C. Receivables
- D. General Ledger
- E. Order Management
Answer:
A,B,C,E