Oracle Exam 1Z0-517 Topic 4 Question 73 Discussion

Actual exam question for Oracle's 1Z0-517 exam

Question #: 73
Topic #: 4

Identify the four reports you must run when reconciling invoices and payments to the Accounts Payable Trial Balance Report. (Choose four.)

AVoid Check Register

BPosted Invoices Report

CPosted Payments Report

DAccounts Payable Trial Balance -- prior period

EPayables Transfer to General Ledger Reports

FAccounts Payabale Trial Balance -- current period

GAccount Analysis -- (132 Char) / Account Analysis -- (180 Char).

Show Suggested Answer

Suggested Answer: D

by Leonida at Sep 17, 2024, 09:32 AM

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Royal

1 months ago

Definitely B, C, D, and F. The other options are like the accounting equivalent of a 'Where's Waldo?' book. I mean, 'Void Check Register'? Is that where they keep all the checks that just couldn't make the cut?

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Charlesetta

3 days ago

D) Accounts Payable Trial Balance -- prior period

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Altha

5 days ago

C) Posted Payments Report

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Bernadine

17 days ago

B) Posted Invoices Report

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Bobbye

1 months ago

B, C, D, and F. Nailed it! Now, if only the company would invest in a better report naming convention. 'Accounts Payable Trial Balance -- current period'? Really? How about 'The Big Payables Showdown' or 'The Invoices Strike Back'?

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Nadine

25 days ago

Haha, 'The Big Payables Showdown' would definitely make reconciling invoices more exciting!

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Santos

1 months ago

I know, right? The naming convention could definitely use some improvement.

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Moon

1 months ago

B, C, D, and F. Nailed it!

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Adell

2 months ago

The correct answer is B, C, D, and F. Easy peasy, lemon squeezy. Although, I have to say, the 'Account Analysis -- (132 Char) / Account Analysis -- (180 Char)' option sounds like a real workout for the brain.

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Cherrie

18 days ago

Don't forget to compare with the Accounts Payable Trial Balance for both current and prior periods.

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Katie

27 days ago

I agree, it's important to reconcile with the Posted Payments Report too.

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Dorian

1 months ago

I always run the Posted Invoices Report first.

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Kimberely

2 months ago

Hmm, let's see... B, C, D, and F. Gotta love those accounting reports, am I right? They're like a secret language only us finance nerds can decipher.

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Heike

7 days ago

Yeah, those reports are like our secret weapon in making sure everything adds up correctly.

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Ruby

10 days ago

Don't forget about the Accounts Payable Trial Balance for both the prior and current period.

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Myra

1 months ago

I agree, the Posted Payments Report is also essential to make sure everything matches up.

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Aleisha

1 months ago

I always run the Posted Invoices Report first, it's crucial for reconciliation.

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Tandra

2 months ago

B, C, D, and F. These are the key reports needed to reconcile invoices and payments to the Accounts Payable Trial Balance. Anything else is just overkill.

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