Oracle Oracle Certifications 1Z0-520 Questions & Answers

• Question 121:

  Your customer sets up an item with the wrong primary unit of measure (UOM) and transacts for a couple of years. Now the customer realizes that the unit of measure setup was incorrect. How can you correct the UOM after transactions have been made?

  A. You can change the UOM easily in the organization items.

  B. You cannot correct the primary UOM for the item after transactions.

  C. You can easily correct the primary UOM by changing the value in the item master.

  D. You can delete items using delete group and create the item again using the correct primary UOM.

  Correct Answer: B

• Question 122:

  Your customer is interested in implementing revision control for the finished goods model items. Which two requirements can be met by implementing revision control? (Choose two.)

  A. changing model functionality when on-hand quantity is available

  B. tracking design changes in other modules (BOM, Work In Process) with a different model number

  C. scrapping the old model and introducing a new model which has changes in functionality and features D. accommodating a slight design change in the model, where functionality and features remain the same

  E. tracking design changes in all other functions, such as Bill of Materials, Routings, Work in Process, and so on, using the same model number

  Correct Answer: DE

• Question 123:

  Which are the three mandatory fields when defining a supplier bank header? (Choose three.)

  A. Bank

  B. Bank branch

  C. Bank contact

  D. Bank account number

  E. Bank operating account

  Correct Answer: ABD

• Question 124:

  Each UOM class must have a base unit specified. Which represents a base unit for the UOM Class Quantity?

  A. One

  B. Each

  C. Case

  D. Gross

  E. Dozen

  Correct Answer: B

• Question 125:

  Your client uses Average Costing to value the items in the inventory. A Miscellaneous Receipt transaction has been submitted for a quantity of 1 of an item. What are the two possible values that could have been added to the Material Account by this transaction? (Choose two.)

  A. 1 x (User-entered Unit Cost)

  B. 1 x (Current Average Unit Cost)

  C. The transaction will not be costed until the next Cost Manager program is executed.

  D. 1 x (Average Cost Variance), calculated when the next Cost Manager program is executed

  Correct Answer: AB

• Question 126:

  Identify three valid sources of Inventory Demand. (Choose three.)

  A. Approved Requisition Lines

  B. Miscellaneous Transactions

  C. Scheduled CMRO Work Orders

  D. Approved Purchase Order Lines

  E. Sales Order Lines in Entered status

  F. WIP Work Orders in Released status

  G. Sales Orders Lines in Scheduled status

  Correct Answer: CFG

• Question 127:

  Your client wants approvals for Move Orders to occur after 30 days. Based on the Move Order approval workflow, how would you enter the values for Move Order Timeout Period and Move Order Timeout Action?

  A. Timeout Period = 30, Action = Reject Automatically

  B. Timeout Period = 15, Action = Reject Automatically

  C. Timeout Period = 0, Action = Approve Automatically

  D. Timeout Period = 30, Action = Approve Automatically

  E. Timeout Period = 10, Action = Approve Automatically

  F. Timeout Period = 15, Action = Approve Automatically

  Correct Answer: F

• Question 128:

  Which three statements are true about the item master? (Choose three.)

  A. It is possible to copy items across item master organizations.

  B. The item master organization is the centralized repository for all items in different organizations.

  C. It is possible to associate items in one item master organization with another item master organization.

  D. When an attribute control is set at the item master level, updates are not allowed at the item or organization level.

  E. There is no functional or technical difference between the item master organization and other organizations while transacting on an item.

  F. When an attribute control is set at the item master level, updates can still be made at the item or organization level but these updates would not propagate back up to the item master level.

  Correct Answer: BDE

• Question 129:

  Identify two instances when an approved supplier list is redundant for automatic sourcing. (Choose two.)

  A. A sourcing rule exists for an item-supplier-supplier site combination.

  B. You need to source service lines and Oracle Sourcing is implemented.

  C. Items are sourced from a manufacturing plant across countries/operating units in a multinational company.

  D. You need to default source information on an item that is on a blanket purchase agreement and a quotation.

  E. You need to source information from a global agreement to a standard purchase order and the profile option PO: Automatic Document Sourcing is set to Yes.

  Correct Answer: BE

• Question 130:

  Which three processes would help analyze supplier information before defining a new supplier record? (Choose three.)

  A. Submit and review the Suppliers Report.

  B. Submit and review the Suppliers Audit Report.

  C. Perform a Find or Query on the Supplier name.

  D. Submit and review the Suppliers On Hold report.

  E. Submit and review Purchase Price Variance report.

  F. Submit and review the Purchasing Activity Register report.

  G. Submit and review Open Purchase Orders By Buyer report.

  Correct Answer: ABC