Oracle 1Z0-517 Exam - Topic 8 Question 15 Discussion

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

Question #: 15
Topic #: 8

Which three statements are true about prepayments? (Choose three.)

AYou cannot enter prepayments invoices in the Quick Invoice window.

BYou cannot change a permanent type prepayment to a temporary type prepayment.

CYou can only partially apply a prepayment to an invoice if the prepayment is partially paid.

DA prepayment is a type of invoice that you enter to make an advance payment to a supplier or employee.

ETemporary prepayments can be applied to invoices or expenses reports. Permanent prepayments cannot be applied to invoices.

FIt is not necessary to void the payment document that paid the prepayment to cancel an applied prepayment. You simply need to unapply the prepayment and cancel it.

Show Suggested Answer

Suggested Answer: A, D, E

by Merlyn at May 05, 2022, 03:33 AM

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Maile

5 months ago

C seems off, I thought you could apply any prepayment regardless of payment status.

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Jeffrey

5 months ago

E is spot on, temporary prepayments are super flexible.

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Margarett

5 months ago

Wait, so D means prepayments are actually invoices? That's surprising!

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Mila

5 months ago

I disagree with B, I thought you could change prepayment types.

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Xochitl

5 months ago

A is definitely true, can't enter them in Quick Invoice.

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Jodi

6 months ago

I remember that temporary prepayments can be applied to invoices, but I’m not clear on the specifics of permanent ones. I hope I can recall that during the exam!

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Luann

6 months ago

I'm uncertain about the details, but I think you can only partially apply a prepayment if it's partially paid. That seems to ring a bell.

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Pamella

6 months ago

I feel like we practiced a question similar to this. I think option D sounds right because prepayments are definitely about making advance payments.

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Margart

6 months ago

I think prepayments are a bit tricky. I remember something about not being able to change a permanent prepayment to a temporary one, but I'm not entirely sure.

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Narcisa

6 months ago

No problem, I've done this before. I'll need to go to the Log Analytics workspace settings and look for the encryption options to set up the key.

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Ceola

6 months ago

I feel like irrevocable trusts are one of those areas where the rules can get confusing. I just hope I remember the right details on what's included in the grantor's estate.

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Joanna

6 months ago

Hmm, this seems straightforward. The question mentions a REST API, so I'm thinking the answer is probably HTTP Form.

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