Free Oracle 1Z0-517 Exam Questions

Become Oracle Certified with updated 1Z0-517 exam questions and correct answers

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Total 141 Questions | Updated On: May 10, 2026

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Question 1

In the accrual process for perpetual accruals, which two events generate accounting entries that can be transferred to GL? (Choose two.)

A : processing a receipt

B : entering a purchase order

C : running the period-end accrual program

D : entering invoices and matching them in Payables

Answer: A,D

Question 2

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.)

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

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

C : Enter the invoice in the Invoice Workbench, validate the invoice, and select pay in full. This accesses the Payment Workbench and creates a quick payment.

D : 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 3

Select the most common level of security for the MO: Security Profile.

A : Site

B : User

C : Application

D : Responsibility

Answer: D

Question 4

You are creating new suppliers for XYZ Corp. Identify four regions that are entered only at the supplier level. (Choose four.)

A : surveys

B : tax details

C : organization

D : address book

E : contact directory

F : invoice management

G : products and services

Answer: B,C,D,E

Question 5

Your company accrues expense items at period end. Identify the report that must be generated before you run your receipts’ accrual period-end process.

A : Accrual Write-Off

B : Uninvoiced Receipts

C : Mass Additions Create

D : Accounts Payable Trial Balance

Answer: B

Page: 1 / 29

Total 141 Questions | Updated On: May 10, 2026

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