1z0-517 Free Sample Questions

Identify three considerations for implementing internal controls for payment processing. (Choose three.)

During the entry or update of expense reports in the Payables Expense Report window, holds can be applied on an expense report. These holds are carried forward to the invoice created from the expense report in Payables. Which statement is true?

You are at a client site that has thousands of suppliers in their current legacy system that will end up in the Oracle Production system. Before conversion, you must perform a supplier cleanup on these numerous names and sites. Which three naming conventions would you use for “Best Practices” during the supplier cleanup? (Choose three.)

Identify the item that requires approval through the workflow process.

If you are using the multiple-organization support feature, select three items that you cannot enter at the supplier level, but only at the supplier-site level. (Choose three.)

You can hold the payment of an entire invoice or part of an invoice. This hold prevents a validated invoice from being selected in a Payment Batch, and paid. Identify the Payables window where you can select the Hold check box to place the invoice on a Payment Hold.

Assume that the withholding tax is calculated at the invoice payment time and the withholding tax rate is 20%. Identify three statements with the correct withholding tax calculations. (Choose three.)

Identify three true statements about the invoice approval workflow. (Choose three.)

Identify three open interfaces used to import data into Payables from other applications or third- party solutions. (Choose three.)

Payable lists four seeded payment methods. They are check, outsourced check, electronic, and wire. Choose the correct description for wire.