Oracle Oracle Certifications 1Z0-520 Questions & Answers

• Question 91:

  Which three statements are true about ABC Analysis and cycle count Classes? (Choose three.)

  A. The hit/miss% for the Class overrides the hit/miss% of the cycle count header.

  B. The hit/miss% for the cycle count header overrides the hit/miss% of the Class.

  C. An ABC Analysis can be compiled for a subinventory that is defined as a non-quantity-tracked subinventory.

  D. An ABC Analysis can be compiled for nonasset (expense) subinventories for which quantities are tracked.

  E. In ABC Analysis, a quantity variance must always be submitted for approval, regardless of the tolerance levels.

  F. Positive and negative tolerances can be entered for each class, which will override the tolerance at the cycle count header level.

  Correct Answer: ADF

• Question 92:

  Your client's department administrative assistant (only) is allowed to self-approve the office supplies

  requisitions up to $5,000.00. For all other types of requisitions, there is no approval authority.

  The company's location is Ann Arbor.

  The purchasing category for office supplies is Office.Supplies.

  The chart of accounts follows this format: Company.Business Group.Cost Center.Account.Future.

  Your client's company account code is "01," business group is "100," cost center (or department) is "560,"

  the account for office supplies is "67549," and the future segment is always "000000."

  Which approval group setup would enable this restrictive purchasing practice?

  A. Document Total: Amount Limit = $5,000.00Location: Amount Limit = $5,000 and Location = Ann ArborCategory Range: Amount Limit = $10,000Category Range: From x.Supplies To: Office.Supplies

  B. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000.Account Range: From:

  01.100.560. 67549.000000 To 01.100.560. 67549.000000Category Range: Amount Limit =

  $5,000Category Range: From Office.Supplies To: Office.Supplies

  C. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000Account Range: From:

  01.100.560. 67549.000000 To: 01.100.560. 67549.000000Category Range: Amount Limit =

  $5,000Category Range: From:

  Office.Supplies To: Office.SuppliesRequisition Document Type setup = 'Owner can Approve'

  D. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000Account Range: From:

  01.100.560. 00000.000000 To: 01.100.560. 99999.000000Location: Amount Limit = $5,000 and Location = Ann Arbor

  E. Set the Document Total object to include an amount limit of $5,000.00Set the Account Range object to include an amount limit of $5,000 and account range from 01.100.560.00000.000000 to 01.100.560.99999.000000.Set the Account Range object to include an amount limit of $5,000 and account range from 01.100.560.00000.000000 to 01.100.560.99999.000000.Set the Requisition Document Type setup to 'Owner can Approve'.

  Correct Answer: C

• Question 93:

  Which two statements are correct about defining inventory organizations and locations? (Choose two.)

  A. A subinventory can be shared across two inventory organizations.

  B. You can restrict a location tagged as Global to a specific inventory organization.

  C. The item master is always the validation organization in a multiorganization structure.

  D. When the location is tagged as Global, it is NOT mandatory to select an international address style (where available).

  E. While defining a location that is local, you must ensure that the Ship Location and Ship-To site are always the same.

  Correct Answer: BD

• Question 94:

  Company X is a global company with operations in three regions: North America, Europe, and Asia. Each region has a separate business group, and one legal entity attached to each business group. North America has two operating units (OU) and the other two regions (Europe and Asia) have one OU each. Identify two correct statements regarding purchasing document approval and routing processes. (Choose two.)

  A. All three regions must share the same approval hierarchy.

  B. North America can have two sets of Approval Groups, one for each OU.

  C. North America can have only one set of Approval Groups to share across each OU.

  D. Each region can have a different type of hierarchy: Employee/Supervisor or Position Hierarchy.

  E. Each region can have a different approval hierarchy, but all three regions must use the same type of hierarchy: Employee/Supervisor or Position Hierarchy.

  Correct Answer: BD

• Question 95:

  View the Exhibit.

  

  Your client was creating an express receipt. While saving the receipt, it failed. Identify the most logical reason for the failure.

  A. A manual action was performed in one of the lines before clicking the Express button.

  B. The Early/late Receipt Date Tolerance is exceeded and the Exception Control is Warning.

  C. Location is not available for Expense Destination Type and the Destination Type is Receiving.

  D. Location is not available for Expense Destination Type and the Destination Type is Final Destination.

  E. Instead of a purchase order number, a supplier name was specified in the Find Expected Receipts window.

  Correct Answer: D

• Question 96:

  ABC Inc. is a semiconductor manufacturing organization. They have all possible inventory controls on items. Which controls are validated on subinventory transfer transactions?

  1.

  Lot control

  2.

  Locator control

  3.

  Serial Number control

  4.

  Revision Quantity control

  5.

  Subinventory and locator restrictions for specific items

  A. 1

  B. 1 and 3

  C. 1, 3, and 5

  D. 1, 2, and 3

  E. 1 through 5

  F. 1, 2, 3, and 5

  G. 1, 2, 3, and 4

  Correct Answer: E

• Question 97:

  Which four must be set up to implement a position hierarchy for document approvals? (Choose four.)

  A. Buyers

  B. Employee Jobs

  C. Approval Groups

  D. Security Hierarchy

  E. Employee Positions

  F. Employee Locations

  G. Approval Assignments

  Correct Answer: BCEG

• Question 98:

  Min-max planning can be used _____.

  A. only at the subinventory level

  B. in place of MRP/MPS planning

  C. in Exponential Smoothing Forecast calculations

  D. in Economic Order Quantity(EOQ) calculations

  E. in Material Requirement Planning/Master Production Schedule (MRP/MPS) calculations

  Correct Answer: B

• Question 99:

  The Account Alias Name flexfield cannot exceed _____ characters.

  A. 20

  B. 15

  C. 25

  D. 30

  E. 45

  F. 180

  Correct Answer: C

• Question 100:

  Which five actions can you perform on Requisitions? (Choose five.)

  A. Print requisitions.

  B. Update requisitions.

  C. Cancel/Final Close requisitions.

  D. Modify after the requisition has been approved.

  E. View the status and action history of requisitions.

  F. Delete requisition lines after the requisition has been approved.

  G. Only Finally Close requisitions; Cancel is not an available action.

  H. Review requisition assignments and assign/reassign requisitions to buyers.

  I. Printing requisitions is not an available action until the client has created a company form.

  J. Requisition Management is not a valid action for requisitions; assigning/reassigning can be performed only on POs.

  Correct Answer: ABCEH