Free Oracle 1Z0-517 Exam Braindumps (page: 5)

Which event reverses an accrual for an item set to accrue on receipt?

  1. paying an invoice
  2. delivering goods to a final destination
  3. running the Receipt Accruals - Period-end process
  4. matching an invoice in Payables to a purchase order

Answer(s): D



Identify three setup options that are defined in the Financial Options window. (Choose three.)

  1. interest
  2. retainage
  3. miscellaneous
  4. expenses clearing
  5. expense AP accrual account

Answer(s): B,C,D



Select two actions available in Oracle General Ledger. (Choose two.)

  1. deleting posted journals
  2. exporting data to subsidiary ledgers
  3. importing data from subsidiary ledgers
  4. consolidating balances in subsidiary ledgers
  5. consolidating balances from multiple ledgers

Answer(s): C,E



Which module of Oracle E-Business Suite Release 12 sends revaluation and accrual entries to General Ledger?

  1. Oracle Assets
  2. Oracle Projects
  3. Oracle Treasury
  4. Oracle Receivables
  5. Oracle Property Manager

Answer(s): C



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