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1z0-517 – Oracle EBS R12.1 Payables Essentials

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Showing 7–9 of 10 questions

Question 7

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.

Select an option, then click Submit answer.

  • ○

    It is not possible to add additional Operating Units.
  • ○

    Set the MO: Operating Unit profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
  • ○

    Set the MO: Security Profile profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
  • ○

    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.
  • ○

    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.
Question 8

Your client, Company A, has three requirements:

1. Asset invoices are entered in the Payables daily, but assets are transferred to Oracle Assetsonly once per week.

2. Payables journal entries have to be transferred to GL at least once per month for reportingpurposes.

3. Oracle Projects balances must be updated once every month.

4. Payment batches must be processed daily.

On the basis of the above requirements, what would be the minimum recommended frequency of running the Transfer to GL program?

Select an option, then click Submit answer.

  • ○

    daily
  • ○

    weekly
  • ○

    monthly
  • ○

    once every two weeks
Question 9

Which statement is true about paying invoices?

Select an option, then click Submit answer.

  • ○

    An invoice can be paid without being validated.
  • ○

    An invoice can be paid only after the invoice accounting entries are created.
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    An invoice must be validated before you can create invoice accounting entries.
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    Invoice accounting entries and payment accounting entries can be transferred at different times to General Ledger only if they are in different calendar periods.
  • ○

    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.