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Exam2pass > Oracle > Oracle Certifications > 1Z0-518 > 1Z0-518 Online Practice Questions and Answers

1Z0-518 Online Practice Questions and Answers

Questions 4

Identify the two benefits of using Multi-Org Access Control. (Choose two.)

A. View asset Information across multiple asset books.

B. Restrict access to users based on their Organization assignments.

C. Submit and view data across different Ledgers using a single responsibility.

D. Enter Payables invoices for different Operating Units using a single responsibility.

E. View Consolidated requisitions across Operating Units using a single responsibility.

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Correct Answer: DE

Questions 5

A user is reconciling transaction balances in the closing process. Why would the user run the Invoice Exceptions Report?

A. to identify unposted transactions

B. to Identify AutoInvoice validation errors

C. to Identify order lines with workflow stuck

D. to identify order lines with a back order credit hold

E. to identify transactions that do not appear In the Aging report

F. to identify transactions that do not appear In the Transaction Register

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Correct Answer: E

Questions 6

The end users at Lucy Ltd. noticed several AutoInvoice exceptions and requested your help In correcting them.

Which window allows you to edit data?

A. Line Errors window

B. Interface Lines window

C. Interface Exceptions window

D. Interface Corrections window

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Correct Answer: B

Questions 7

Which three statements are true about accounting rules? (Choose three.)

A. Accounting rules enable you to defer revenue.

B. Accounting rules enable you to define fixed and variable rules to recognize revenue.

C. Accounting rules enable you to define the number of periods and percentage of total revenue that you can record in each accounting period.

D. Accounting rules enable you to define the number of periods and amount of invoice that you can bill your customer in each accounting period.

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Correct Answer: ABC

Questions 8

ABC Corp. uses Orade E-Business Suite Release 12 and wants to design an Order Status Web inquiry screen to make order statuses visible to its customers online.

Hon can ABC Corp. ensure that customers view only their individual order statuses?

A. by securing attributes for each customer

B. by excluding attributes for individual customers

C. by assigning a separate attribute value for INTERBNAL_CONTACT_ID

D. by assigning the same attribute value for CUSTOMER_CONTACT_ID

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Correct Answer: A

Questions 9

Identify three features of a Balancing Entity. (Choose three.)

A. Balance sheets are prepared for a Balancing Entity.

B. A Legal Entity may comprise one or more than one balancing segments.

C. Multiple Balancing Entities within the same Operating Unit structure is not supported.

D. A Balancing Entity is represented as a balancing segment value in the accounting flexfield structure.

E. Oracle E-Business Suite Release 12 automatically secures balancing segment values within your chart of accounts with specific Legal Entities or Operating Units.

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Correct Answer: ABD

Questions 10

Which three statements are true about modifying flexfield values? (Choose three.)

A. The values cannot be disabled.

B. The value description can be changed.

C. The effective dates for a value can be limited.

D. The values can be deleted after they are defined.

E. The values cannot be modified after they are defined.

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Correct Answer: BCE

Questions 11

Identify three standard views that you can access from the Notification Worklist of Oracle Workflow Self- Service Web pages in Oracle E-Business Suite Release 12. (Choose three.)

A. Open Notifications

B. To Do Notifications

C. Closed Notifications

D. Notifications from Me

E. Rejected Notifications

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Correct Answer: ABD

Questions 12

Identify four features of Workflow Monitor. (Choose four)

A. enables you to view your workflows

B. enables you to modify a workflow definition file

C. enables you to download a workflow definition file

D. displays status information for the process instance

E. enables administrators to perform control Operations

F. enables you to search for a workflow process instance

G. provides only summary-level information about individual activities of a workflow process

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Correct Answer: ADEF

Questions 13

Identify three true statements about defining actions In Oracle Alert. (Choose three.)

A. An alert can contain only one Action Set.

B. An alert can contain any number of Action Sets.

C. When multiple actions are defined they must be Included fn an Action Set.

D. Oracle Alert waits for user response before executing next action fn an Action Set.

E. When multiple actions are defined, they do not need to be included in an Action Set.

F. Oracle Alert does not wait for user response before executing next action In an Action Set.

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Correct Answer: BCF

Exam Code: 1Z0-518
Exam Name: Oracle E-Business Suite R12.1 Receivables Essentials
Last Update: May 26, 2026
Questions: 101

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