1Z0-518 · Question #16
Select four values that default from profile classes In Oracle Accounts Receivable. (Choose four.)
The correct answer is A. currency C. payment terms D. statement cycle F. credit classification. In Oracle AR, profile classes act as reusable templates that stamp financial and credit behavior onto customer accounts. Currency (A), payment terms (C), statement cycle (D), and credit classification (F) are all financial/credit attributes that profile classes are specifically…
Question
Select four values that default from profile classes In Oracle Accounts Receivable. (Choose four.)
Options
- Acurrency
- Blegal entity
- Cpayment terms
- Dstatement cycle
- Ebusiness purpose
- Fcredit classification
How the community answered
(30 responses)- A87% (26)
- B10% (3)
- E3% (1)
Explanation
In Oracle AR, profile classes act as reusable templates that stamp financial and credit behavior onto customer accounts. Currency (A), payment terms (C), statement cycle (D), and credit classification (F) are all financial/credit attributes that profile classes are specifically designed to carry and default onto customer records - this is the core purpose of profile classes: defining how a customer is billed, invoiced, and assessed creditworthiness.
Legal entity (B) is wrong because legal entity is determined by the operating unit or business unit context, not the customer profile class - it belongs to the transaction/accounting setup layer. Business purpose (E) is wrong because it is assigned at the customer site level (e.g., flagging a site as Bill-To, Ship-To, or Statements), not inherited from a profile class.
Memory tip: Profile classes handle money and credit - think "Pay Me, Rate Me": Payment terms, currency, statement cycle (billing rhythm), and credit classification. If a field answers "how does this customer pay or get rated?", it likely lives in the profile class.
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