Oracle EBS R12.1 Payables Essentials - 1Z1-517 Exam Practice Test

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

B. In 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.

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

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

A. liability account

B. prepayment account

C. receipt routing

D. distribution set

E. match approval level

A. You receive goods or services from suppliers.

B. You need a supplier as the criterion to search for a payment in the system.

C. You need a supplier as the criterion to search for purchase orders in the system.

D. You need supplier information for entering purchase orders.

E. You must pay the supplier for the goods or services purchased.

A. The "Cross-Validate Segments" check box is selected.

B. The "Freeze Rollup Groups" check box is selected.

C. The "Allow Dynamic Inserts" check box is deselected.

D. The "Freeze Flexfield Definition" check box is selected.

A. Invoice Sources

B. Unit of Measure

C. Sales Force

D. Oracle Application Object Library (AOL)

E. Ledger

A. The quantity received is updated.

B. The purchase order accounting information is copied to the invoice.

C. Tolerances are enforced.

D. The quantity billed is updated.

A. Currency Rates Manager automatically converts all transactions entered in INR to GBP first and then to USD.

B. Sam must manually define the USD to INR rates first, to be able to enter transactions involving USD and INR currency.

C. Currency Rates Manager automatically converts all transactions entered in INR to USD.

D. Currency Rates Manager automatically performs the calculation between USD and INR on the basis of cross-rate rules.

E. Sam must manually define the INR to USD rates first, to be able to enter transactions involving USD and INR currency.

A. The Descriptive Flexfield for the asset category "Vehicle" appears as a normal field on a form.

B. You can define cross-validation rules to control the allowable combinations of segment values for the Accounting Flexfield.

C. The Descriptive Flexfield for the asset category "Vehicle" captures only additional information.

D. The combination of values in the Accounting Flexfield identifies a particular business entity or class of entities.

E. The Descriptive Flexfield is called an "intelligent key structure."

A. Suppliers maintain their bank details.

B. Updating bank accounts for a supplier will not affect bank accounts for existing supplier sites.

C. Bank accounts can be added at any time for a supplier or supplier site.

D. Bank details are required only for manual check payments.

E. Payables uses bank account information to generate an electronic payment for a supplier.