Oracle 1Z0-517 : Oracle EBS R12.1 Payables Essentials Exam
The Oracle 1Z0-517: Oracle EBS R12.1 Payables Essentials test is a 150 minutes exam with a combined range of 160 questions. There are actually two separate portions to this exam, and in order to pass the test, a candidate will need to achieve a minimum score of 60% on each section. The associated certifications for this test are the Oracle E-Business Suite 12 Financial Management Certified Implementation Specialist: Oracle Payables and the OPN Certified Specialist.
The E-business Essentials portion of the 1Z0-517 exam is going to cover a number of different topics, including how to navigate in R12 Oracle Applications, the fundamentals of Flexfields, the fundamentals of Workflow and alerts, and shared entities and integration. For each of the aforementioned topics, a candidate will be required to describe the topic and its components, identify the steps to implement it, define its sets and values, and define various descriptive terms.
There are a number of different topics that will be included in the Payables portion of this exam, including transaction taxes in Payables, withholding taxes, and advanced and progressive contract financing. A candidate will need to demonstrate that they know how to define suppliers, operate the payments section, issue invoices, and create expense reports and credit cards.