Free Oracle 1Z0-518 Exam Questions

Become Oracle Certified with updated 1Z0-518 exam questions and correct answers

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Total 100 Questions | Updated On: Jun 23, 2025

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Question 1

Select four key system options in Oracle Receivables that are related to customers.

(Choose four.)

A : default country

B : receipt method

C : automatic site numbering

D : create reciprocal customer

E : customer credit classification

F : automatic customer numbering

G : allow payment of unrelated transactions

Answer: C,D,F,G

Question 2

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

Answer: A,B,D

Question 3

The organization that Receivables uses to validate items is set up using______.

A : the AR: Items Flexfield Mode profile option

B : the AR: Allow Manual Invoice Lines profile option

C : the AR: Item Validation Organization profile option

D : item validation organization In the OM Parameters window

Answer: D

Question 4

Select two features regarding the completion of a successful customer merge in Oracle Receivables that support ongoing customer data cleansing efforts after go- live. (Choose two.)

A : Customer merge activity can be reversed after the merge process.

B : Bank details for the merge-from customer remains available after the merge process.

C : Duplicate parties are re pointed to the surviving party after the customer merge process.

D : Duplicate customers are repointed to the surviving customer after the customer merge process.

E : Customer sites associated with the old customer or site are associated with the new customer or site after the customer merge process.

F : Customer transactions or audit transactions details for the merge-from customer remain available for reprinting after the customer merge process.

Answer: D,E

Question 5

You are the Human Resources lead for the ERP implementation of ABC Corporation. You have defined the employees in Oracle Human Resources. Select three activities that utilize the employee record. (Choose three.)

A : Approvals

B : Asset assignment

C : Organization creation

D : Journal Entry creation

E : AutoCreate Purchase Orders

Answer: A,B,E

Page: 1 / 20

Total 100 Questions | Updated On: Jun 23, 2025

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