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Oracle

1Z0-518 · Question #72

You are setting up Receivable Accounting Events in Subledger Accounting. Identify Event Entity.

The correct answer is D. transactions. In Oracle Subledger Accounting (SLA), Transactions is the Event Entity for Oracle Receivables - it is the top-level business object that owns and groups all accounting events, sitting above Event Classes and Event Types in the hierarchy. Options A (Invoices), B (Deposits), C…

Transactions

Question

You are setting up Receivable Accounting Events in Subledger Accounting. Identify Event Entity.

Options

  • AInvoices
  • Bdeposits
  • Cguarantees
  • Dtransactions
  • Echargebacks

How the community answered

(53 responses)
  • A
    6% (3)
  • B
    4% (2)
  • C
    2% (1)
  • D
    89% (47)

Explanation

In Oracle Subledger Accounting (SLA), Transactions is the Event Entity for Oracle Receivables - it is the top-level business object that owns and groups all accounting events, sitting above Event Classes and Event Types in the hierarchy. Options A (Invoices), B (Deposits), C (Guarantees), and E (Chargebacks) are all Event Classes, not Event Entities - they are subcategories that fall under the Transactions entity and define the specific type of document triggering an accounting event. Confusing Entity with Event Class is the classic trap this question sets, since those distractors are all familiar Receivables document types. A helpful memory tip: think of Entity = the bucket (Transactions holds everything) and Event Class = what's inside the bucket (Invoices, Deposits, Chargebacks, etc.) - if you can point to a specific document type, it's a Class, not an Entity.

Topics

#Subledger Accounting#Event Entity#Receivable Events#Accounting Transactions

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