Oracle 1Z0-517 Quiz 1 Topic 2 Questions 1-5

Question: 1

Identify three true statements about the invoice approval workflow. (Choose three.)

AIf an approver rejects the invoice, the Workflow program ends.

BIf an approver does not respond within the time you specify, Workflow routes the invoice back to the originator.

CIf an approver does not respond within the time you specify, the Workflow requests approval from that person's manager.

DIf an approver approves the invoice, the invoice goes to the next person in the approver list until all required people approve the invoice.

EIf the invoice amount is chanaged after the invoice is already submitted to the approval process or after the process is complete, the system does not automatically resubmit the invoice for approval.

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Question: 2

As part of its closing process, XYZ Corporation reviews receipt accruals. Occasionally, Payables matches incorrectly, and therefore they find that some perpetual accruals never clear, leaving reconciliation items on their accrual reports.

Which two actions can they perform to solve the problem? (Choose two.)

AReverse the invoice distributions and rematch if possible.

BRun the Uninvoiced Receipts Report to identify the receipt accrual that has not cleared and create a manual journal entry in General Ledger to clear the receipt from the report.

CRun the Matching Hold Detail Report to identify the receipt that has not cleared and use the Write-Off window to remove the item from reappearing on subsequent reports. Create a manual journal entry in General Ledger to clear the accrual.

DRun the Accrual Rebuild Reconciliation Report to identify the receipt accrual that has not cleared and use the Write-Off window to remove the item from reappearing on subsequent reports. Create a manual journal entry in General Ledger to clear the accrual.

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Question: 3

Select the most common level of security for the MO: Security Profile.

ASite

BUser

CApplication

DResponsibility

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Question: 4

Identify three correct statements about the Operating Unit in a Multi-Org model of Oracle E-Business Suite Release 12. (Choose three.)

AIt is the highest level in the Multi-Org structure.

BIt is an organization type that secures transaction data.

CAn Operating Unit can be assigned to multiple Legal Entities.

DAn Operating Unit can be associated with a single Legal Entity.

EMultiple Operating Units can be assigned to a single responsibility.

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Question: 5

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.

AIt is not possible to add additional Operating Units.

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

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

DCreate 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.

ECreate 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.

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Oracle 1Z0-517 Quiz:1 Topic:2 Questions:1-5