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Instant Download Oracle : 1z1-507 Questions & Answers as PDF & Test Engine
- Exam Code: 1z1-507
- Exam Name: Oracle Fusion Financials 11g Accounts Payable Essentials
- Updated: Sep 16, 2026
- No. of Questions: 119 Questions and Answers
- Download Limit: Unlimited
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Oracle 1z1-507 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Payments Processing | - Payment execution
|
| Topic 2: Invoice Management | - Invoice creation and processing
|
| Topic 3: Reporting and Controls | - Internal controls
|
| Topic 4: Accounting and Period Close | - Payables accounting entries
|
| Topic 5: Accounts Payable Setup and Configuration | - Supplier setup and management
|
Oracle Fusion Financials 11g Accounts Payable Essentials Sample Questions:
Identify three fields that will be extracted from an invoice when using the Integrated imaging solution.
- A. Supplier name
- B. Item number
- C. Purchase Order number
- D. item price
- E. Invoice amount
Correct Answer: A,C,E 🗳️
Explanation: Only visible for Lead2Passed members. You can sign-up / login (it's free).
Which three fields are required to create an invoice without a purchase order through the Supplier Portal?
- A. Supplier Name
- B. Tax Registration Number
- C. Requester E-Mail
- D. Taxpayer ID
- E. Remit to name
Correct Answer: A,D,E 🗳️
Explanation: Only visible for Lead2Passed members. You can sign-up / login (it's free).
Choose three actions that can be performed from the Accounts Payables dashboard.
- A. Reorder Rows
- B. Export to Excel
- C. Export to PDF
- D. Reorder Columns
- E. Drill Down
Correct Answer: B,D,E 🗳️
A company has three Balancing Segment values. An Invoice is charged to all the three Balancing Segments. It is created with three distributions with the respective Balancing Segment values and the same Natural Account for AP Charge Account.
Which set up should automatically account the liability account to the respective Balancing Segment Values?
- A. Sub ledger Accounting Setup
- B. Distribution Set
- C. Invoice Matching
- D. Automatic Offset
- E. Default Distributions
Correct Answer: D 🗳️
Explanation: Only visible for Lead2Passed members. You can sign-up / login (it's free).
Which hold type prevents accounting of a foreign currency invoice if the conversion rate is missing?
- A. Distribution Variance hold
- B. No Rate hold
- C. Unmatched Invoices hold
- D. Invoice Amount Limit hold
- E. Incorrect Conversion Rate hold
Correct Answer: B 🗳️
Explanation: Only visible for Lead2Passed members. You can sign-up / login (it's free).
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