Oracle 1Z0-518 Certification Sample Questions and Answers

1Z0-518 PDF, 1Z0-518 Dumps PDF Free Download, 1Z0-518 Latest Dumps Free PDF, EBS Receivables Essentials PDF DumpsThe Oracle EBS Receivables Essentials (1Z0-518) Sample Question Set is designed to help you prepare for the Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables certification exam. To become familiar with the actual Oracle Certification exam environment, we suggest you try our Sample Oracle 1Z0-518 Certification Practice Exam.

This Oracle EBS R12.1 Receivables Essentials certification sample practice test and sample question set are designed for evaluation purposes only. If you want to test your Oracle 1Z0-518 knowledge to identify your areas of improvement and get familiar with the actual exam format, we suggest you prepare with the Premium Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Receivables Certification Practice Exam. Our team of Oracle E-Business Suite experts has designed Questions-Answers for this premium practice exam by collecting inputs from recently certified candidates. Our premium Oracle 1Z0-518 certification practice exam will boost your confidence as well as your actual Oracle EBS Receivables Essentials exam result.

Oracle 1Z0-518 Sample Questions:

01. Before closing the period, a finance team wants to ensure all invoices and receipts are accounted for and no discrepancies exist.
Which activity should be performed?
a) Budgeting
b) Reconciliation
c) Workflow Configuration
d) Alert Setup
 
02. Which component defines where transaction data originates for AutoInvoice processing?
a) Grouping Rule
b) Payment Term
c) Receipt Method
d) Transaction Source
 
03. During AutoInvoice processing, a consultant notices that transactions are rejected due to invalid customer references.
Which configuration should be verified first to resolve this issue?
a) Receipt Method
b) Payment Term
c) Customer Account setup in TCA
d) BPA Template
 
04. Which feature determines how tax is calculated and applied to invoices?
a) Tax Regime
b) Payment Term
c) Receipt Method
d) Transaction Source
 
05. A company wants to automatically process large volumes of customer payments received from banks.
Which feature should be used to import and process these payments?
a) AutoInvoice
b) Workflow
c) AutoLockbox
d) Alerts
 
06. In Oracle Receivables, an implementation consultant needs to model a real-world business entity such as a company or individual that may have multiple business relationships (customer, supplier, and so on).
Which Trading Community Architecture (TCA) component represents this entity?
a) Customer Account
b) Receipt Method
c) Site Use
d) Party
 
07. Which step in the Order-to-Cash process occurs immediately after invoice generation?
a) Payment receipt
b) Order entry
c) Credit check
d) Budgeting
 
08. Which feature allows defining customer payment behavior such as due dates and discount periods?
a) Receipt Method
b) Payment Term
c) Transaction Source
d) Grouping Rule
 
09. A customer disputes part of an invoice and the company agrees to reduce the outstanding balance without issuing a credit memo.
Which action should be taken?
a) Create a Credit Memo
b) Apply a Receipt
c) Create an Adjustment
d) Reverse the Invoice
 
10. Which feature supports automatic creation of invoices based on shipping transactions from Order Management?
a) AutoInvoice
b) BPA
c) AutoLockbox
d) Credit Management

Answers:

Question: 01

Answer: b

Question: 02

Answer: d

Question: 03

Answer: c

Question: 04

Answer: a

Question: 05

Answer: c

Question: 06

Answer: d

Question: 07

Answer: a

Question: 08

Answer: b

Question: 09

Answer: c

Question: 10

Answer: a

 

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