Free Oracle 1Z0-517 Exam Dumps Questions & Answers

Identify three true statements about the invoice approval workflow. (Choose three.)

• A.  If an approver does not respond within the time you specify, the Workflow requests approval from that person's manager.
• B.  If an approver rejects the invoice, the Workflow program ends.
• C.  If the invoice amount is chanaged after the invoice is already submitted to the approval process or after the process is complete, the system does not automatically resubmit the invoice for approval.
• D.  If an approver approves the invoice, the invoice goes to the next person in the approver list until all required people approve the invoice.
• E.  If an approver does not respond within the time you specify, Workflow routes the invoice back to the originator.

Identify three correct statements about the Operating Unit in a Multi-Org model of Oracle E-Business Suite Release 12. (Choose three.)

• A.  An Operating Unit can be associated with a single Legal Entity.
• B.  An Operating Unit can be assigned to multiple Legal Entities.
• C.  It is the highest level in the Multi-Org structure.
• D.  Multiple Operating Units can be assigned to a single responsibility.
• E.  It is an organization type that secures transaction data.

Identify the profile option that is required to enable Multi-Org Access Control for multiple Operating Units.

• A.  HR: User Type
• B.  HR: Business Group
• C.  MO: Security Profile
• D.  MO: Operating Unit
• E.  MO: Default Operating Unit

Select the four activities that are NOT part of the Payables closing process. (Choose four.)

• A.  close the Payables period
• B.  review the Uninvoiced Receipts Report
• C.  close the General Ledger period
• D.  process the remaining Inventory transactions
• E.  confirm payment batches
• F.  process period-end receipt accruals

Which statement is true about paying invoices?

• A.  Invoice accounting entries and payment accounting entries can be transferred at different times to General Ledger only if they are in different calendar periods.
• B.  An invoice can be paid only after the invoice accounting entries are created.
• C.  An invoice must be validated before you can create invoice accounting entries.
• D.  Both invoice accounting entries and payment accounting entries must be transferred to General Ledger at the same time, if they are in the same calendar period.
• E.  An invoice can be paid without being validated.