[Free] 2018(Jan) EnsurePass Passguide Oracle 1z0-215 Dumps with VCE and PDF 81-90

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Oracle EBS R12:General Ledger and Payables Fundamentals

Question No: 81 – (Topic 0)

When reconciling Payables and Cash Management, you may encounter clearing restrictions.

Here are three clearing restrictions for Cash Management.

  1. Oracle Cash Management cannot clear bills payable that have a status of .

  2. Oracle Cash Management clears bills payable only if the payment status is .

  3. On or after the maturity date of the payment, you can update the status to .

    Identify the one status for the second clearing restriction.

    1. issued

    2. negotiable

    3. reconciled

Answer: B

Question No: 82 – (Topic 0)

What are the three prerequisites for interfacing Payables invoice lines with Assets? (Choose three.)

  1. The invoice has no holds.

  2. The invoice must be posted to General Ledger.

  3. The invoice has been transferred to General Ledger.

  4. The invoice distribution has quot;Track as Assetquot; selected.

  5. The distribution account is an Asset Clearing or CIP account.

Answer: C,D,E

Question No: 83 – (Topic 0)

You have received an invoice that requires an immediate payment. The next scheduled

check run is not until the end of the week. Which two methods may you use to create the payment? (Choose two.)

  1. Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a quick payment.

  2. Enter the invoice in the Invoice Workbench, and validate the invoice. Open the Payment Workbench and create a manual payment.

  3. Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full.

    This accesses the Payment Workbench and create a quick payment.

  4. Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full.

This accesses the Payment Workbench and creates a manual payment.

Answer: A,C

Question No: 84 – (Topic 0)

Identify three statements that are true for electronic or wire payment. (Choose three.)

  1. A wire payment validates the supplier#39;s bank details.

  2. More bank accounts for a supplier or supplier site can be added.

  3. Supplier banks must be assigned to the supplier for electronic payment.

  4. Payables does not require supplier bank account information for a wire payment.

  5. Electronic payment instructs the bank to make payment to a supplier bank account.

Answer: C,D,E

Question No: 85 – (Topic 0)

To achieve the maximum summary account functionality for total (T), how must the value sets for each segment of the accounting key flexfield be set?

  1. Precision must be set to one.

  2. The list type must be set to long list of values.

  3. The maximum size of each segment of the accounting key flexfield must be five characters.

  4. The format type must be set to character, and the additional option of numbers only must not be selected.

Answer: D

Question No: 86 – (Topic 0)

To manually enter tax details for an item, freight, miscellaneous, or prepayment lines, you must complete seven fields. Name three. (Choose three.)

  1. industry

  2. tax amount

  3. tax regime

  4. commodity

  5. supplier site

Answer: B,C,E

Question No: 87 – (Topic 0)

You are hired to implement Oracle General Ledger at Active Corporation. It has two offices: in the US (East) and the US (West). They have one primary ledger for their US operations. They want to maintain an additional ledger for management reporting and analysis purposes. They want all their department managers in the US to use the additional ledger to book internal management adjustments that are not published in their financial statements. Choose two statements that are true in the given scenario. (Choose two.)

  1. The secondary ledger contains day-to-day transactions.

  2. The primary ledger must contain only management adjustments.

  3. The secondary ledger represents the complete management picture.

  4. Assign an adjustment-only ledger to the existing accounting setup for the US legal entities.

  5. Use ledger sets to combine primary and secondary ledgers to get the complete management picture.

Answer: D,E

Question No: 88 – (Topic 0)

Identify four consolidation tools. (Choose four.)

  1. Interface Data Transformer

  2. Global Consolidation System

  3. Global Intercompany System

  4. Financial Statement Generator

  5. Applications Desktop Integrator

Answer: A,B,D,E

Question No: 89 – (Topic 0)

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

  1. If an approver rejects the invoice, the Workflow program ends.

  2. If an approver does not respond within the time you specify, Workflow routes the invoice back to the originator.

  3. If an approver does not respond within the time you specify, then Workflow requests approval from that person#39;s manager.

  4. If an approver approves the invoice, the invoice goes to the next person in the approver list until all required people approve the invoice.

  5. If the invoice amount is changed after the invoice is already submitted to the approval process or after the process is complete, the system

does not automatically resubmit the invoice for approval.

Answer: A,C,D

Question No: 90 – (Topic 0)

Identify the default value for the term date that would extend the time to pay an invoice, if the payment term is net 30 days.

  1. invoice date

  2. system date

  3. invoice entered date

  4. goods received date

  5. invoice received date

Answer: B

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