1Z0-518 | how many questions of 1Z0-518 practice test?
Q1. Which four products In Oracle E-Business Suite Release 12 require a Multi-Org setup? (Choose four)
A. Payables
B. Purchasing
C. Receivables
D. General Ledger
E. Order Management
Answer: ABCE
Q2. In the Multi-Org model of Oracle E-Business Suite Release 12, which organization type owns Bank Account?
A. Ledger
B. Legal Entity
C. Operating Unit
D. Balancing Entity
E. Business Group
Answer: B
Q3. 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.
B. There can be multiple Balancing Entities within an Operating Unit.
C. Balancing Entity is the lowest postable unit in the Chart of Accounts.
D. Balancing Entities can be automatically secured at the Legal Entity level.
E. Balancing Entities can be secured at the Operating Unit level through Security Rules.
Answer: ABE
Q4. You are Involved In a project to upgrade to Oracle E-Business Suite, Release 12. You need more information about the upgrade processes and paths.
Where would you find the upgrade guide for Oracle E-Business Suite?
A. AppsNet
B. Bug Database
C. Technical Forums
D. MetaLink Knowledge Base
E. Oracle Technology Network
F. Customer Knowledge Exchange
Answer: D
Q5. XYZ Company has disabled the Receivables Profile Option "AR: Disable Receivable Activity Balancing Segment*. What must be defined In order for the General Ledger Transfer process to execute without error?
A. gain account
B. revenue account
C. expense account
D. rounding account
E. suspense account
Answer: E
Q6. 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
Answer: CD
Q7. Identify the two benefits of using Multi-Org Access Control. (Choose two.)
A. View asset Information across multiple asset books.
B. Restrict access to users based on their Organization assignments.
C. Submit and view data across different Ledgers using a single responsibility.
D. Enter Payables invoices for different Operating Units using a single responsibility.
E. View Consolidated requisitions across Operating Units using a single responsibility.
Answer: DE
Q8. ABC Corp. has set up the Asset Category Key Flexfield. It has also set up a Descriptive Flexfield to store vehicle Information associated with the asset category "Vehicle." Identify two correct statements (Choose two.)
A. The setting up of the Descriptive Flexfield is mandatory.
B. The Asset Category Flexfield is owned by the Oracle Assets module.
C. The Descriptive Flexfield attributes are associated with tables in the Oracle Assets module.
D. Only the Asset Category Key Flexfield is associated with tables In the Oracle Assets module.
Answer: BC
Q9. 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?
A. two Ledgers, two Legal Entitles, and two Operating Units
B. two Ledgers, two Legal Entitles, and three Operating Units
C. two Ledgers, three Legal Entities, and two Operating Units
D. two Ledgers, three Legal Entitles, and three Operating Units
E. three Ledgers, three Legal Entities, and three Operating Units
Answer: D
Q10. You are Involved In a project to upgrade to Oracle E-Business Suite, Release 12. You need more Information about the upgrade processes and paths.
Where would you find the upgrade guide for Oracle E-Business Suite?
A. AppsNet
B. Bug Database
C. Technical Forums
D. Metal ink Knowledge Base
E. Oracle Technology Network
F. Customer Knowledge Exchange
Answer: D