Oracle Oracle Certifications 1Z0-520 Questions & Answers

• Question 131:

  Select three true statements about inventory reservations. (Choose three.)

  A. A reservation is a link between a supply source and a demand source.

  B. For on-hand inventory supply, there is only one type of reservation called high-level reservation.

  C. For on-hand inventory supply, there is only one type of reservation called low-level reservation.

  D. Reservations can be created only by Oracle applications or via forms. They cannot be imported from third-party applications.

  E. A reservation creates a permanent data link between a supply source and a demand source, and represents a guaranteed allotment of material to a specified demand source.

  F. Item reservations prevent the allocation of material you previously set aside for a sales order, account, account alias, inventory allotment, user-defined source, process batch components or, Oracle Complex Maintenance and Repair Overhaul work order components.

  G. Item reservations allow the allocation of material you previously set aside for a sales order, account, account alias, inventory allotment, user-defined source, process batch components or, Oracle Complex Maintenance and Repair Overhaul work order components as long as the quantity is not negative.

  Correct Answer: AEF

• Question 132:

  A global manufacturing organization (GLO) has multiple sourcing rules and approved supplier lists (ASLs) that are set up correctly.

  Three of the inventory organizations are ITA, NYC, and GER. NYC is a manufacturing organization and the other two are distribution warehouses. The three organizations source items from each other. Which two statements are valid? (Choose two.)

  A. One global location is sufficient for the three organizations.

  B. Three lines were set up on a sourcing rule and the sourcing rule was assigned to a single Assignment Set.

  C. A sourcing rule is set up for a supplier but no ASL. When an item is entered on a requisition for this supplier, the supplier information would not be defaulted.

  D. The price for item A is set in ITA at P1 and in GER at P2. When you raise an internal requisition for item A in destination org ITA and source org GER, the defaulted price is P2.

  E. ITA has a sourcing rule to source a part from GER. You also assign a bill of distribution to ITA to source the same part from the manufacturing plant NYC. The default source would be GER.

  Correct Answer: BE

• Question 133:

  Your client does not want to implement account alias issues or receipts. When performing setups, what should you do about the account alias flexfield?

  A. Define segments, but do not compile.

  B. Create at least one alias, compile, then disable the alias.

  C. Ignore the account alias flexfield because it would not be required.

  D. Compile the flexfield structure because it is required by Oracle Inventory.

  E. Define default account aliases that can be used at a later date, but ensure they are disabled now.

  Correct Answer: D

• Question 134:

  Which four are true about the Future Periods field in the Financials Options window? (Choose four.)

  A. You cannot import or enter invoices in a future period.

  B. You can import/enter invoices in future periods, pay and create accounting entries for them.

  C. You can change this number to the maximum number of future periods you want to allow in Payables.

  D. You can import/enter invoices in future periods but you cannot pay or create accounting entries for them.

  E. The first time you enter this field, Payables defaults the number of future periods you use in your Ledger as a default.

  F. Payables uses this value to limit the number of future periods you can maintain in the Control Payables Periods window.

  G. After you change the status of a future period to Open, you can change it back to Future only if you did not create any transactions in that period.

  Correct Answer: CDEF

• Question 135:

  The client has decided that Quality and Discrete Manufacturing will be implemented at a future stage, so new supply from current manufacturing will be added to current inventory on hand by the Open Transactions Interface. The immediate requirement is to go-live with Inventory and Order Management. Which three seeded transaction types can be omitted for material status control? (Choose three.)

  A. average cost update

  B. all internal transactions

  C. backflush subinventory transfer

  D. miscellaneous issues and receipts

  E. all transaction types related to Work in Process

  F. all transaction types related to Project Manufacturing

  Correct Answer: CEF

• Question 136:

  The materials manager has noticed that several items were created and assigned to various inventory organizations, but the analyst skipped the Copy from Template step. The manager would like to know how to correct the items. Which three statements are true? (Choose three.)

  A. Apply the template in the organization item. It would automatically update the Master Item window.

  B. You can use the Item Attribute Copy form to update the value of an item attribute across multiple organizations in a given organization hierarchy.

  C. You can change an organization-level attribute with the Master Item window. If you do this, it will update the organization-level attribute across all organizations.

  D. You can use the Organization Item window to update organization-level itemattributes. This would update organization-level attributes in your current organization only.

  E. To update master-level attributes, use the Master Item window. If an attribute is controlled at the master level, the value of the attribute applies for all organizations to which the item is assigned.

  Correct Answer: BDE

• Question 137:

  Your customer completes four production orders on a daily basis. One of the production orders has quality

  problems on some finished-good items. The requirements for this situation are:

  i) Isolate the defective material from the regular production order output.

  ii) The system should prevent this material from being included in external customer order shipments.

  What setup or process can achieve these objectives?

  A. Enable lot control for the item. Store the lot in an isolated subinventory.

  B. Define the lot number as a rejected lot. Store this lot in an isolated subinventory.

  C. Create a reject locator. Move the items to this locator that prevents customer shipment.

  D. Enable lot control for the item. Assign material status that disallows shipping transactions.

  E. Enable serial control for the item. Store the serial control item in a separate subinventory that prevents customer shipment.

  Correct Answer: D

• Question 138:

  At BBC Inc., you are implementing Oracle Work in Process, Oracle Advanced Supply Chain Planning, Oracle Bill Of Materials, Oracle Inventory, and Oracle Engineering. When creating requisitions, which two modules do NOT feed data into Oracle Purchasing? (Choose two.)

  A. Oracle Inventory

  B. Oracle Engineering

  C. Oracle Bill Of Materials

  D. Oracle Work in Process

  E. Oracle Advanced Supply Chain Planning

  Correct Answer: BC

• Question 139:

  Your client requires Org A to supply Org B with inventory on a need basis. The Internal Order flag is checked. An internal requisition has been created and approved. What type of receipt would Org B have to perform to receive the goods?

  A. RMA receipt

  B. Inter-Org Transfer

  C. Account Alias receipt

  D. Purchase Order receipt

  E. Receipt by Shipment Number

  Correct Answer: E

• Question 140:

  Two Customer Service Representatives each book a sales order for an item that is revision and lot controlled. There are no other open, active sales orders for this item. Each Customer Service Representative pick releases their order to the same warehouse independently. The Pick Release Rule used by both includes Auto Allocation. On the resulting Move Orders, Inventory has allocated all the requested quantity for one of the sales orders, but only half the requested quantity on the second sales order was available to be allocated. Using the Transact Move Orders form, which action sequence can the warehouse person use to reduce the allocation on the first Move Order so that both customer orders can be equally satisfied?

  A. 1. View/Update Allocations;

  2. Change the allocated Revision and Quantity values, as appropriate.

  B. 1. View/Update Allocations;

  2.

  Change the allocated Revision and Quantity values;

  3.

  Change the allocated Lot and Quantity values, as appropriate.

  C. 1. View/Update Allocations;

  2.

  Change the allocated Lot and Quantity values, as appropriate;

  3.

  Select the appropriate Missing Quantity Action.

  D. 1. View/Update Allocations;

  2.

  Change the allocated Revision and Quantity values, as appropriate;

  3.

  Change the Destination Subinventory.

  Correct Answer: C