Oracle Oracle Certifications 1Z0-520 Questions & Answers

• Question 111:

  What is the significance of the Shrinkage Rate item attribute?

  A. The expected reduction in demand within the planning fence

  B. The average loss of material during manufacturing or storage

  C. The expected decrease in the rate of production of units during manufacturing

  D. The expected percentage (%) loss of quality of an item during the manufacturing process or storage

  Correct Answer: B

• Question 112:

  ABC is a laptop manufacturing company. On an average, the company completes 10 discrete jobs daily. ABC has the following requirements:

  1.

  When the customer returns the laptop, ABC should be in a position to identify the laptop's manufacture date and batch number.

  2.

  Each laptop should be identified with a unique number and this should be tagged with the batch number.

  3.

  When a customer returns a laptop, ABC decides whether it can replace it with a new laptop or repair it, by considering the age of the laptop.

  ABC needs to identify the aging period of the laptop. Which setup would meet the above requirements?

  A. Using the discrete job form, the manufactured date and batch number can be identified.

  B. Enable lot and serial control at the organization item level. Enter the shelf life days in the item.

  C. Enable parent lot and child lots at the organization item level. Enter the shelf life days in the item.

  D. Enable parent lot and grade control at the organization item level. Enter the shelf life days in the item.

  E. Enable lot control at the organization item level. Set up uniqueness within inventory items in the organization parameters.

  Correct Answer: B

• Question 113:

  Which statement is true regarding inventory transactions?

  A. Transaction reasons can be used in all transaction forms.

  B. Work in Process would not affect inventory transactions.

  C. Inventory adjustments are not part of inventory transactions.

  D. You can designate, by transaction type, which transaction reasons are available.

  E. You must create at least one user-defined transaction reason for each inventory organization.

  Correct Answer: A

• Question 114:

  XYZ is a metal fabrication company. It wants to classify all metals and plastics into two major groups. There are many subgroups in metals and plastics. All the subgroups are linked to their major group. This group classification is extensively used in all the reports in the organization. Which Oracle functionality can meet the above requirement?

  A. Catalogs

  B. Categories

  C. Catalog and Categories

  D. Category Set and Categories

  E. Group key flexfield enabled in the reports

  F. Group descriptive flexfield enabled in the reports

  Correct Answer: D

• Question 115:

  Which four responsibilities must be defined in order to perform the purchasing setup when the complete Oracle R12 E-Business Suite is installed? (Choose four.)

  A. Inventory Manager

  B. Payables Manager

  C. Receivables Manager

  D. System Administrator

  E. Purchasing Super User

  F. General Ledger Super User

  G. Advanced Supply Chain Planner

  Correct Answer: BDEF

• Question 116:

  Your ordering process starts with a requisition. Into which two documents must the purchase requisition document be transformed within Oracle Applications? (Choose two.)

  A. Return

  B. Receipt

  C. Quotation

  D. Purchase Order

  E. Request For Quotation

  Correct Answer: DE

• Question 117:

  Bonus Inc. implemented the ERS functionality in Oracle Purchasing. The Pay on Receipt process is run nightly. The Summary level is set to Pay Site at the supplier site and the Match Approval option on PO shipment is set to Four-Way. Purchase order #001 of 150 units at a unit price of $1 was received in total as Receipt #R-PO001, but not yet inspected and delivered. On the same day, from Purchase Order #002 of 100 units (at a unit price of $1), 50 units was initially received as Receipt #R-PO002, inspected, and delivered. Both purchase orders have the same item, supplier, and supplier sites. What would the Pay on Receipt process generate for these transactions?

  A. a $50 invoice

  B. a $250 invoice

  C. a $150 invoice and a $50 invoice

  D. a $200 invoice with invoice validation on hold

  E. a $250 invoice with invoice validation for $50 on hold

  Correct Answer: D

• Question 118:

  An item has its Lot Control attribute set to Full Control. The Active material status does not have any transaction types related to lot control enabled for material status control. This status is assigned to all lot numbers associated with the item. The subinventory where the item's lot numbers are all located also has the Active material status. How will the application respond when a user tries to submit a subinventory transfer transaction?

  A. The transaction will be accepted.

  B. An error message will be generated.

  C. The transaction will be accepted, but will be registered as a transfer to and from the same subinventory.

  D. The transaction will be accepted, but the item cost update will have to be processed separately by the user.

  Correct Answer: A

• Question 119:

  During implementation, there are various additional things that need to be considered for RFQs and Quotations. There are seven documented areas to consider, as well as some common sense considerations. Select five options that accurately depict these. (Choose five.)

  A. Data Cleanup is not important.

  B. RFQ and Quotation Usage is important.

  C. Data Mapping for RFQs Open Interface is important.

  D. RFQ and Quotation Conversion strategy is important.

  E. Data Cleanup of legacy RFQs and Quotes is important.

  F. Data Mapping from the legacy RFQs and Quotes is important.

  G. Quotation Usage and RFQ Usage does not matter because RFQs cannot be converted.

  H. The method by which RFQs are delivered to potential suppliers (Printed Forms) is important.

  I. Training on RFQ and Quotations is not necessary because the quotations are automatically created into Requisitions.

  J. You should just create new RFQs in the new system so that the linkage between RFQs and Requisitions can be maintained.

  Correct Answer: BDEFH

• Question 120:

  Profile options can be either required or optional. All required options must have a value. Which two profile options are required when setting up Oracle Inventory? (Choose two.)

  A. INV: Validate Returned Lot

  B. INV: Accounting Category Set

  C. INV: Restrict Receipt of Serials

  D. INV: Default Primary Unit of Measure

  E. INV: Replenishment Move Order Grouping

  Correct Answer: BD