1Z0-518 Free Practice Test

What are the four required fields when defining a request set? (Choose four.)

1. A. Set
2. B. Owner
3. C. Set Code
4. D. Application
5. E. Description
6. F. Active Date

Correct Answer: ACDF

Event Types in Subledger Accounting Is a grouping of_______.

1. A. Events
2. B. Accounts
3. C. Event Models
4. D. Event Entitles
5. E. Event Classes

Correct Answer: E

XYZ Corp. has operations In the U.S. and Canada. Within Canada, it has two separate Divisions due to Statutory requirements: one in Quebec and another in Ontario.
How would you define the organization structure for XYZ Corp. from the Information given above?

1. A. two Ledgers, two Legal Entitles, and two Operating Units
2. B. two Ledgers, two Legal Entitles, and three Operating Units
3. C. two Ledgers, three Legal Entities, and two Operating Units
4. D. two Ledgers, three Legal Entitles, and three Operating Units
5. E. three Ledgers, three Legal Entities, and three Operating Units

Correct Answer: D

AutoLockbox execution employs a multistep process. These steps can be submitted individually or at the same time from the Submit lockbox Processing window.
Identify the correct sequential combination of steps that are executed white running the AutoLodcbox concurrent process In Oracle Receivables.

1. A. enter receipts, validate data, apply QuickCash
2. B. import bank file, validate data, post QuickCash
3. C. Import bank file, enter receipts, validate QuickCash
4. D. enter receipt
5. E. Import bank file, validate data, post QuickCash
6. F. enter receipt
7. G. Import bank file, validate data, post QuickCash, apply receipts

Correct Answer: B

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

1. A. HR: User Type
2. B. MO: Operating Unit
3. C. MO: Security Profile
4. D. HR: Business Group
5. E. MO: Default Operating Unit

Correct Answer: C