Oracle Exam 1Z0-517 Topic 6 Question 74 Discussion

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

Question #: 74
Topic #: 6

[All 1Z0-517 Questions]

What are the three prerequisites for interfacing Payables invoice lines with Assets? (Choose three.)

AThe invoice has no holds.

BThe invoice must be posted to General Ledger.

CThe invoice has been transferred to General Ledger.

DThe invoice distribution has ''Track as Asset'' selected.

EThe distribution account is an Asset Clearing or CIP account.

Show Suggested Answer

Suggested Answer: D

by Eveline at Oct 20, 2024, 06:20 PM

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Tesha

2 months ago

Ah yes, the age-old question of how to make the accounting gods happy. Clearly, the answer is to throw as many options as possible at them and hope they're satisfied. After all, the more hoops to jump through, the better, right?

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Billye

18 days ago

D) The invoice distribution has ''Track as Asset'' selected.

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Stanton

19 days ago

B) The invoice must be posted to General Ledger.

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Ollie

26 days ago

A) The invoice has no holds.

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Valentin

2 months ago

Wait, what? Interfacing Payables with Assets? Sounds like a lot of work. I'll just go with C, D, and E to cover my bases. Who needs to do all that reconciliation anyway?

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Rodolfo

4 days ago

Exactly. It's all about streamlining the process and ensuring everything is accounted for correctly.

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Giovanna

11 days ago

Definitely. And having the invoice posted to General Ledger is crucial for accurate reporting.

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Marge

13 days ago

Yeah, I agree. It's all about making sure the invoice is properly tracked as an asset.

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Willard

1 months ago

I think you're right, C, D, and E seem like the most important prerequisites.

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Ernest

2 months ago

Okay, let's see here. I'm pretty sure the invoice has to be posted to GL, so B is definitely one. The 'Track as Asset' option in D also sounds important. As for the third one, I'm gonna go with E just to be safe.

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Ahmad

2 months ago

Oof, this one's tricky. I'm pretty sure C and D are the right options, but I'm not sure about the third one. Maybe E?

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Rodrigo

1 months ago

Rasheeda: Let's go with C and D for now, we can double check E later.

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Lawana

2 months ago

User 3: I'm not sure about E, but C and D definitely sound right.

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Genevieve

2 months ago

User 2: Yeah, I agree. Maybe E as well for the third one.

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Joseph

2 months ago

User 1: I think C and D are definitely needed.

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Rasheeda

2 months ago

User 2: I agree, those seem right. Maybe E is the third one?

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Kiley

2 months ago

User 1: I think C and D are correct.

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Arlene

2 months ago

I agree with Ettie, those three prerequisites make sense to me.

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Shawna

2 months ago

Hmm, I think the correct answer is B, D, and E. The invoice must be posted to GL, the distribution must have 'Track as Asset' selected, and the distribution account must be an Asset Clearing or CIP account.

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Ettie

3 months ago

I think the prerequisites are A) The invoice has no holds, D) The invoice distribution has 'Track as Asset' selected, and E) The distribution account is an Asset Clearing or CIP account.

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Felix

3 months ago

What are the three prerequisites for interfacing Payables invoice lines with Assets?

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