1z0-518

1Z0-518 Oracle E-Business Suite 12: Oracle Receivables Essentials Document version: 19.10.11

1Z0-518 Exam Questions

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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

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)

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

Answer: C, D

Answer: B, C, F, G



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D. Receivables

E. General Ledger

F. Cash Management

G. Order Management

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

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

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.

Answer: B, D, E

Answer: B

Answer: D



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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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