Get 50% Flat Discount | Limited Time Offer - Ends In 0d 00h 00m 00s Coupon code: 24NY50OFF

Home
Oracle
1Z0-517 Exam Questions

Home ❯
Oracle ❯
1Z0-517 Exam Questions

Free 1Z0-517 Exam Questions - Oracle 1Z0-517 Exam

Oracle 1Z0-517 Exam

Oracle E-Business Suite 12: Oracle Payables Essentials

Total Questions: 137

Last Updated : 19-04-2024

Oracle 1Z0-517 Exam - Prepare from Latest, Not Redundant Questions!

Many candidates desire to prepare their Oracle 1Z0-517 exam with the help of only updated and relevant study material. But during their research, they usually waste most of their valuable time with information that is either not relevant or outdated. Study4Exam has a fantastic team of subject-matter experts that make sure you always get the most up-to-date preparatory material. Whenever there is a change in the syllabus of the Oracle E-Business Suite 12: Oracle Payables Essentials exam, our team of experts updates 1Z0-517 questions and eliminates outdated questions. In this way, we save you money and time.

Do Not Fall for Cheap and Old Oracle 1Z0-517 Exam Questions

Study4Exam offers Premium High-Quality Exam Questions

Find out what will be covered on the exam and how it will be presented so you can prepare adequately. You can better prepare for the Oracle 1Z0-517 exam by familiarizing yourself with the types of questions and topics covered on the exam. Don't squander your time studying irrelevant material; instead, focus on what will be on the actual exam.

Not Just Questions - Get Real Oracle 1Z0-517 Exam Experience

Create a schedule that allows you to devote sufficient time each day to studying for the Oracle E-Business Suite 12: Oracle Payables Essentials exam. Try to cover the complete syllabus of the exam. Do a self-assessment of preparation to know your weak spots. Fill these gaps in your preparation with our preparatory material and ace your exam on the first attempt.

Oracle 1Z0-517 Questions

Q1.

At your client site, the Payables period-close processes have been performed. The Payables transfer to GL has been completed, and the resulting journal entries have been posted to GL. The current Payables period has been closed.

The Accounts Payable Trial Balance (last day of prior period) + Posted Payments equals the Account Payable Trial Balance (last day of the current period).

However, the balance in the AP liability account in GL for the current period does not equal the Accounts Payable Trial Balance (last day of the current period). What is the possible reason?

AInventory has not closed for the current period.

BPurchasing has not closed for the current period.

CPeriod-end accrual journals have been reversed in GL.

DManual journals have been posted to the AP liability account in the current period in GL.

Q2.

Company XYZ has received an invoice that includes freight charges. They want to distribute the freight charges proportionately to the same accounts that were charged for the items.

Identify the steps they need to follow to create the freight distributions.

AManually enter freight-type distributions for each account that was charged.

BEnable Automatically Create Freight Distribution in the invoice region in the Payables Options window.

CCreate a freight distribution by selecting the Create Freight Distribution check box in the Invoices window.

DIn the Distributions window, click the Allocate button, identify the distribution type as Freight, select Prorate, and select the distributions to which freight charges would be allocated.

Q3.

Company ABC has implemented Oracle Payables. They have decided to define supplier bank accounts. They will use payment batches, quick payments, and manual payment processing.

Select three payment methods that are available based on the company's requirements. (Choose three.)

Awire

Bcheck

Cclearing

Delectronic funds transfer (EFT)

Eelectronic data interchange (EDI)

Fextensible markup language (XML)

Q4.

Identify four functions of the Invoice Validation process. (Choose four.)

Aapplying any required holds

Breleasing any qualifying holds

Capplying all prepayments and discounts

Dvalidating the General Ledger accounting information

Evalidating and creating accounting entries for the invoice

Fensuring that the total amount of all distributions equals the invoice total

Gcreating an additional distribution for any difference between the total amount of all distributions and the invoice total

Q5.

Identify three statements that are true for creating withholding tax for standard, recurring, and prepayment invoices. (Choose three.)

AThe Withholding Tax Report is prepared by suppliers.

BThe Withholding Tax Group default in from the supplier or supplier site.

CThere can be multiple withholding tax codes with multiple tax authorities assigned to a group.

DYou can set up a special calendar to define periods that Payables uses for automatic withholding tax.

EThe Withholding Tax Invoice Description field does NOT include the invoice that the withholding tax invoice is associated with.

Solutions:

Question: 1 Answer: D

Question: 2 Answer: D

Question: 3 Answer: A, B, C

Question: 4 Answer: A, B, D, F

Question: 5 Answer: B, C, D

Limited Time Offer

50%

Off

Get Premium 1Z0-517 Questions as Interactive Practice Test or PDF

Get Full Access for Oracle 1Z0-517 questions with 50% exclusive Discount

Get All Questions

Note: If you see any error in these Oracle E-Business Suite 12: Oracle Payables Essentials questions or answers, get in touch with us via email: support@study4exam.com.

Oracle E-Business Suite | Oracle Payables | 1Z0-517 Valid Dumps | Oracle Partner Network Exam Questions