How to Prepare for the Oracle E-Business Suite R12.1 Payables Essentials 1Z0-517 Exam

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How to Prepare for the Oracle E-Business Suite R12.1 Payables Essentials 1Z0-517 Exam Make 1Z0-517 Certification Easy with DBexam.com


For Oracle 1Z0-517 Exam


Preparation Tips for 1Z0-517 Certification 1. Perform enough practice with Oracle system on related Oracle 1Z0-517 certification subjects. 2. Identify the key configuration, workflow and data flow. 3. Understand all Syllabus Topics of the Exam which are Given in Description. 4. Identify your weak areas from practice test and do more practice with system. 5. Repeat practice exams and try to score 100% on www.DBexam.com.


1Z0-517 Certification Detail Exam Code

1Z0-517

Full Exam Name

Oracle E-Business Suite R12.1 Payables Essentials

Number of Questions

80

Practice Exams

1Z0-517 Online Practice Exam

Passing Score

60%

Time Limit

150 minutes

Recommended Training

R12.x Oracle E-Business Suite Essentials for Implementers


Syllabus Topics for Oracle 1Z0-517 Exam Topic Name E-BUSINESS ESSENTIALS Navigating in R12 Oracle Applications

Shared Entities and Integration

Fundamentals of Multi-Org

PAYABLES Procure to Pay Overview

Withholding


Syllabus Topics for Oracle 1Z0-517 Exam Topic Name Payables Overview

Payments

Expense Reports and Credit Cards

Introduction to Oracle Applications R12

Fundamentals of Flexfields

Fundamentals of Workflow and Alerts

Transaction Taxes in Payables

Advances and Progressive Contract Financing

Suppliers

Invoices

Period Close


Oracle 1Z0-517 Exam Questions

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01. Select the income tax report that is NOT available in the Payables module. Option a) Withholding Tax by Supplier Site

b) Withholding Tax by Payment c) Withholding Tax by Supplier d) Withholding Tax by Invoice


ANSWER a) Withholding Tax by Supplier Site


02. When you validate an invoice in Payables, E-Business Tax automatically performs four tasks. (Choose four.) Option

a) creates distributions b) recalculates tax lines c) allocates tax amounts

d) places tax-related holds on the invoice e) updates imported invoices into Payables


ANSWER a) creates distributions b) recalculates tax lines c) allocates tax amounts d) places tax-related holds on the invoice


03. Which two methods would you recommend for preventing the creation of duplicate suppliers? (Choose two.) Option a) Run the Vendor Audit Report b) Recommend standard naming conventions for suppliers

c) Run the supplier listing by supplier name report to check the duplicates d) Query the supplier in the supplier form before creating a new supplier


ANSWER b) Recommend standard naming conventions for suppliers d) Query the supplier in the supplier form before creating a new supplier


04. Which three methods can be used to enter invoice distributions? (Choose three.) Option

a) Using a distribution set b) Matching an invoice to a receipt c) Entering manually in the Distribution window d) Using the Distribution Open interface


ANSWER a) Using a distribution set b) Matching an invoice to a receipt c) Entering manually in the Distribution window


05. Which event reverses an accrual for an item set to accrue on receipt? Option a) paying an invoice

b) delivering goods to a final destination c) running the Receipt Accruals - Period-end process d) matching an invoice in Payables to a purchase order


ANSWER d) matching an invoice in Payables to a purchase order


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