Curious about Actual Oracle E-Business Suite (1Z0-518) Exam Questions?

Here are sample Oracle E-Business Suite 12: Oracle Receivables Essentials (1Z0-518) Exam questions from real exam. You can get more Oracle E-Business Suite (1Z0-518) Exam premium practice questions at TestInsights.

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Question 1

Which three major application product families are Included in the Oracle E-Business Suite Release 12 footprint? (Choose three.)

AOracle Workflow

BOracle Financials

COracle Applications Framework

DOracle Applications Object Library

EOracle Project Management Product Suite

FOracle Human Resources Management System Suite

Correct : B, E, F

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AOracle Workflow

BOracle Financials

COracle Applications Framework

DOracle Applications Object Library

EOracle Project Management Product Suite

FOracle Human Resources Management System Suite

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Question 2

Identify the two values that the Reporting Level parameter can have when using cross organization reports with the Multi-Org Access Control feature. (Choose two.)

ALedger

BLegal Entity

COperating Unit

DSecurity Profile

EBusiness Group

Correct : A, C

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ALedger

BLegal Entity

COperating Unit

DSecurity Profile

EBusiness Group

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Question 3

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.)

AEach Balancing Entity must balance within itself.

BThere can be multiple Balancing Entities within an Operating Unit.

CBalancing Entity is the lowest post able unit in the Chart of Accounts.

DBalancing Entities can be automatically secured at the Legal Entity level.

EBalancing Entities can be secured at the Operating Unit level through Security Rules.

Correct : A, B, E

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AEach Balancing Entity must balance within itself.

BThere can be multiple Balancing Entities within an Operating Unit.

CBalancing Entity is the lowest post able unit in the Chart of Accounts.

DBalancing Entities can be automatically secured at the Legal Entity level.

EBalancing Entities can be secured at the Operating Unit level through Security Rules.

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Question 4

Company X has three Operating Units: A, B, and C, Each Operating Units has the MO: Security Access profile option called ABC Security assigned, Operating Units A has both MO: Operating Units profile option and the MO: Default Operating Units profile option assigned to it, Which statement is true?

APaul can create transactions for A, B, and C Operating Units.

BAll transactions created by Paul are automatically assigned to Operating Units A.

CPaul can report on data across A, B, and C Operating Units, but enter transactions only against A.

DThe profile option did not include Operating Unit B and Operating Unit C due to an error by system administrator.

EThe Payables responsibility is linked to the Operating Unit A by the MO: Operating Unit profile option and can create transactions for that Operating Unit alone.

Correct : A

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APaul can create transactions for A, B, and C Operating Units.

BAll transactions created by Paul are automatically assigned to Operating Units A.

CPaul can report on data across A, B, and C Operating Units, but enter transactions only against A.

DThe profile option did not include Operating Unit B and Operating Unit C due to an error by system administrator.

EThe Payables responsibility is linked to the Operating Unit A by the MO: Operating Unit profile option and can create transactions for that Operating Unit alone.

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Question 5

Which two statements are true regarding ownership of shared entities? (Choose two)

AItems is owned by Oracle Purchasing, whereas Locations Is owned by Oracle Receivables,

BSuppliers is owned by Oracle Purchasing, whereas Units of Measure Is owned by Oracle Inventory.

CLedger is owned by Oracle General Ledger, whereas Locations Is owned by Oracle Human Resources.

DCustomers is owned by Oracle Human Resources, whereas Locations is owned by Oracle Receivables.

ESales Force is owned by Oracle Order Management, whereas Employees is owned by Oracle Human Resources.

Correct : B, C

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AItems is owned by Oracle Purchasing, whereas Locations Is owned by Oracle Receivables,

BSuppliers is owned by Oracle Purchasing, whereas Units of Measure Is owned by Oracle Inventory.

CLedger is owned by Oracle General Ledger, whereas Locations Is owned by Oracle Human Resources.

DCustomers is owned by Oracle Human Resources, whereas Locations is owned by Oracle Receivables.

ESales Force is owned by Oracle Order Management, whereas Employees is owned by Oracle Human Resources.

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Total 101 questions

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