1z0-518

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

Question 16

Your functional end users are perplexed by the contents of the AutoInvoice Execution report. They needed expert guidance and cause to you. You look at the report and see that the Interface Lines section of the report shows the following: Selected: 9 - Successfully Processed: 8 - Failed Validation: 0 - What is the likely reason for this?

  1. An adjustment update of an old Invoice Is Included In this batch.
  2. The General Ledger (GL) code combination 10 failed the cross validation rules.
  3. A debit memo for an Invoice and the Invoice itself were submitted In the same batch tr\6 the debit memo Is selected first.
  4. A credit memo for an Invoice and the invoice Itself are submitted In the same batch and the credit memo Is selected first.
  5. The GL code combination segment value for the cost center was valid in the prior calendar month but is end-dated a day earlier.

Question 17

Your client has set up Oracle Lease Management (OLM) and Oracle Credit Management (OCM) without scoring models. Which three tasks can be successfully completed by Oracle Workflow in OCM without manual intervention? (Choose three.)

  1. creating a case folder
  2. calculating a credit score
  3. creating a credit application
  4. creating a final credit recommendation
  5. sending notifications to the credit scheduler

Question 18

Select four key system options in Oracle Receivables that are related to customers. (Choose four.)

  1. default country
  2. receipt method
  3. automatic site numbering
  4. create reciprocal customer
  5. customer credit classification
  6. automatic customer numbering
  7. allow payment of unrelated transactions

Question 19

Identify three setups In Oracle Receivables that control how discounts are calculated. (Choose three.)

  1. profile options
  2. payment terms
  3. system options
  4. receipt classes
  5. customer profiles

Question 20

Identify two statements that apply to Oracle Collections. (Choose two.)

  1. It Is a Web-based self-service application.
  2. It can be used to place an invoice in dispute.
  3. It enables customers to see their own Oracle Receivables account information, such as balances.
  4. It can be used to initiate the Oracle Approvals Management (AME) credit memo request workflow from Oracle Collections.