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Oracle 1z0-507 Valid Braindumps - Oracle Fusion Financials 11g Accounts Payable Essentials

1z0-507
  • Exam Code: 1z0-507
  • Exam Name: Oracle Fusion Financials 11g Accounts Payable Essentials
  • Updated: Aug 31, 2026
  • Q & A: 119 Questions and Answers
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Oracle 1z0-507 Exam Syllabus Topics:

SectionObjectives
Topic 1: Accounts Payable Overview- AP business processes overview
- AP setup and configuration
Topic 2: Payments Processing- Payment processing and reconciliation
- Payment methods and formats
Topic 3: Accounting and Period Close- Period end close processes
- AP accounting entries
Topic 4: Supplier and Invoice Management- Invoice creation and validation
- Invoice matching and approvals
- Supplier setup and maintenance
Topic 5: Reporting and Controls- Audit and compliance controls
- AP reporting tools and analysis

Oracle Fusion Financials 11g Accounts Payable Essentials Sample Questions:

Question 1

Identify two duty roles that are granted to a Tax Administrator.

A. Internal Contact Relationship Information Inquiry Duty
B. French DAS2 Reporting Duty
C. Financial Application Lookups Administration Duty
D. Customer Account Addresses Inquiry Duty
E. Classification Administration Duty


Question 2

What are the two Online Accounting options available in Oracle Fusion Payables?

A. Account and Post to Ledger
B. Account in Draft
C. Account in Final and Transfer to Ledger
D. Account in Draft and Transfer to Ledger
E. Account in Final


Question 3

Which section of the Payment Dashboard lists all the processes submitted within the last 72 hours?

A. Supplier Sites on Payment Hold
B. Payment Process requests
C. Process Monitor
D. Stop Payment Requests
E. Schedule Requests


Question 4

Which two organizational components are part of the OTBI report for outstanding payables Invoices?

A. Business Unit
B. Business Group
C. Inventory Organization
D. Legal Entity
E. Human Resources Organization


Question 5

In which two scenarios is the invoice line type Prepayment automatically generated?

A. a manually created invoice line with type as Prepayment
B. a prepayment applied to the invoice
C. a prepayment is unapplied to the invoice
D. a prepayment created with invoice type as Prepayment
E. at the time of validating a Prepayment Invoice


Solutions:

Question 1
Answer: C,E
Question 2
Answer: B,E
Question 3
Answer: B
Question 4
Answer: A,D
Question 5
Answer: B,C

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