Online Access Free 1Z0-215 Exam Questions

XYZ Limited has hired Jack as the Oracle General Ledger implementation consultant. Select three steps that are required for creating a new accounting structure. (Choose three.)

• A.Define accounting representations.
• B.Assign legal entities.
• C.Define jurisdictions.
• D.Definesubledger accounting methods.
• E.Define period types.
• F.Save the accounting structure.

Select four occasions when the Create Accounting process can be run. (Choose four.)

• A.before the transfer information to GL process
• B.after the Invoice Validation process
• C.before the payment process
• D.after the payment process
• E.before the Invoice Validation process

Client A has three legacy systems that contain this financial information: purchase orders, suppliers, receipts, invoices, accruals, and expense reports. The client must have much of this information loaded into Oracle Accounts Payable daily until they can effectively retire these three systems. Identify the best approach that involves minimal customization.

• A.Use Invoice Import to bring in invoice and invoice accrual information. The rest requires custom interfaces to be developed.
• B.Use Invoice Gateway to bring in invoice information, and Supplier Import for suppliers. The rest requires custom interfaces to be developed.
• C.Use Invoice Gateway to bring in the invoice, invoice accrual, and expense report information; and Supplier Import to bring in supplier information. The rest requires custom interfaces to be developed.
• D.Develop custom interfaces for receipts and accruals, and use the invoice import process to bring in other information.
• E.Use Invoice Import to bring in all the above information after setting the correct profile options and defining the appropriate AP and non-AP transaction sources. No custom interfaces are needed.

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.

• A.Scheduled Payments
• B.Invoice Overview
• C.Enter Payments
• D.Invoice Distributions

You need to verify that your system has enough resources to handle the volume of accounts that
would be generated by the summary account template. The template has been designed as
follows:
D-Region-D
The first segment is company, which has ten values.
The second segment is division, which is represented by the rollup group region. It has six parent
values. The last segment is account, which has 500 values.
How many summary accounts would be generated by the template?

• A.3,000
• B.60
• C.5,000
• D.500
• E.30,000