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Oracle 1Z0-518 Exam Sample Questions

Question: 5

Identify the Receivables activity type where you are unable to select the tax rate code source option of invoice.

  1. Adjustment
  2. Earned discount
  3. Unearned discount
  4. Miscellaneous cash


Answer: D

Question: 3

Your client is Implementing Oracle Financials and Order Management. The AR team lead has heard about the Tax Reporting Ledger and wants to know which subledger modules are used by the report. Identify three applications that can be reported by the Tax Reporting Ledger.

  1. Treasury
  2. Payables
  3. Purchasing
  4. Receivables
  5. General Ledger
  • Cash Management
  • Order Management

  • Answer: B, D, E

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    Question: 2

    Which four transaction types or activities are affected by the “AR: Disable Receivable Activity Balancing Segment” profile option? (Choose four.)

    1. Invoices
    2. Adjustments
    3. Late charges
    4. Debit memos
    5. Credit memos
  • Discounts (both earned and unearned)
  • Activity applications (such as receipt write-off, short-tern debt, and claims Investigation)

  • Answer: B, C, F, G

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    Question: 1

    Which two options would you use to restrict the functionality provided by a responsibility? (Choose two.)

    1. creating an appropriate role
    2. creating an appropriate group
    3. constructing a new menu hierarchy
    4. defining rules to exclude specific functions


    Answer: C, D

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    Question: 5

    Identify the Receivables activity type where you are unable to select the tax rate code source option of invoice.

    1. Adjustment
    2. Earned discount
    3. Unearned discount
    4. Miscellaneous cash


    Answer: D

    Question: 3

    Your client is Implementing Oracle Financials and Order Management. The AR team lead has heard about the Tax Reporting Ledger and wants to know which subledger modules are used by the report. Identify three applications that can be reported by the Tax Reporting Ledger.

    1. Treasury
    2. Payables
    3. Purchasing
    4. Receivables
    5. General Ledger
  • Cash Management
  • Order Management

  • Answer: B, D, E

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