1z0-518

1z0-518 practice questions, page 3 of 4, with answer review and explanations.

Question 11

After registering new data sources, you must complete your Bill Presentment Architecture by creating database views. How many database views can you create for each data source?

  1. one
  2. nine
  3. three
  4. unlimited

Question 12

You are setting up Receivable Accounting Events in Subledger Accounting. Identify Event Entity.

  1. Invoices
  2. deposits
  3. guarantees
  4. transactions
  5. chargebacks

Question 13

You have just opened the Transactions form. Which field would you see on this form?

  1. company
  2. legal entity
  3. cost center
  4. operating unit

Question 14

Which three statements are true about Balance Forward Billing? (Choose three.)

  1. Billing date is an optional grouping rule.
  2. Billing date value is mandatory when cycle is external.
  3. Accept Consolidated Billing Invoices program is available.
  4. Print New Consolidated Billing Invoices program is available.
  5. It considers both manual transactions and imported transactions.
  6. Activity can be consolidated across account sites, or by each billing site.

Question 15

Which two statements are true about invoicing rules and accounting rules? (Choose two.)

  1. If a transaction has an invoicing rule, an accounting rule is optional.
  2. If a transaction has an invoicing rule, an accounting rule is not allowed.
  3. If a transaction has an invoicing rule, an accounting rule is also required.
  4. Invoicing rules and accounting rules have no effect until Invoices are paid.
  5. Invoicing rules and accounting rules have no effect unless you choose the accrual method of accounting.
  6. Invoicing rules determine when invoices are due. Accounting rules affect how invoices me accounted for