Oracle Oracle Certifications 1Z0-520 Questions & Answers

• Question 151:

  A multinational company operates in three countries, with one operating unit (OU) in each. Each OU is linked to one inventory organization. One of the inventory organizations is a manufacturing plant. Which two statements are correct? (Choose two).

  A. A location is a legal address, it cannot be a Ship-To site for more than one country.

  B. A location is unique to a specific OU responsibility when the Global check box is selected.

  C. When a location is flagged as local, you must assign the local inventory organization to it.

  D. The Ship-To location and Ship-To site for the same inventory location can be in different countries.

  E. You cannot set a default receiving location in the Receiving Options for each inventory organization.

  Correct Answer: DE

• Question 152:

  Which three statements are true regarding Inventory replenishment methods? (Choose three.)

  A. Min-max planning considers order cost.

  B. Min-max planning considers carrying cost.

  C. Reorder point planning considers order cost.

  D. Reorder point planning considers replenishment lead time.

  E. Min-max planning can be performed at the subinventory level.

  F. When an item is defined, both reorder point planning and min-max planning can be specified to place limits on the calculated reorder point.

  Correct Answer: CDE

• Question 153:

  Identify two statements that are true regarding the defining of your purchasing document approval and routing process. (Choose two.)

  A. Pre-Approved documents do not need to be approved by the next approver.

  B. Oracle Approvals Management is used to configure Purchase Order approval workflows.

  C. When a requisition is approved, the corresponding purchase order does not need to be approved.

  D. It is possible to have different approval routing processes for Purchase Requisitions and Internal Requisitions.

  E. A planned purchase order and its corresponding planned (scheduled) release can have separate approval limits.

  Correct Answer: DE

• Question 154:

  A supplier is not required on a _____.

  A. Invoice

  B. Receipt

  C. Quotation

  D. Requisition

  E. Purchase Order

  F. Request For Quotation

  Correct Answer: D

• Question 155:

  ACME requires cycle counting variance approval tolerances and the Approval Required option is set to: If out of tolerance. When the actual count falls within tolerance, Inventory __________ .

  A. automatically approves and posts the cycle count adjustment

  B. automatically approves, but does not post the cycle count adjustment

  C. holds the cycle count adjustment for approval and posts it after approval

  D. holds the cycle count adjustment for a recount and does not post the adjustment

  Correct Answer: A

• Question 156:

  Identify two situations in which item information on a requisition CANNOT be sourced from the Approved Supplier List. (Choose two).

  A. The supplier status is New.

  B. The Approved Supplier List is disabled at the line level.

  C. The Use Approved Supplier flag is unchecked for the item.

  D. The supplier is active but the supplier site is made temporarily inactive.

  E. The supplier status is set to Debarred, but the business rule Sourcing is set to Allow.

  Correct Answer: BC

• Question 157:

  How can you create reservations for the material based on scheduled demand for a Complex Maintenance Repair and Overhaul (CMRO) work order when the material does not exist in the on-hand inventory?

  A. CMRO work orders are not eligible for reservations.

  B. CMRO requires inventory on hand to support reservation.

  C. CMRO creates reservation against a purchase order or any other supply source.

  D. CMRO creates a WIP job to make the material before you can create the reservation.

  Correct Answer: C

• Question 158:

  Which two statements are true regarding lot-based unit of measure (UOM) conversions? (Choose two.)

  A. You cannot update existing on-hand balances for lot-based UOM conversions.

  B. You can create lot-specific UOM conversions for on-hand lots or lots with a zero balance.

  C. You cannot create lot-specific UOM conversions for on-hand lots or lots with a zero balance.

  D. During a PO receipt, the lot-based conversion cannot be updated if the lot does not match existing conversion rates.

  E. Updating the on-hand balance on a lot-based UOM conversion requires a cycle count transaction with the lot number provided in the count record.

  Correct Answer: BD

• Question 159:

  Identify three valid processes or steps in implementing approved supplier lists and sourcing rules. (Choose three.)

  A. Review the timeliness of supplier deliveries.

  B. Map business requirements for reports using standard Oracle reports.

  C. Define the item attribute "Use Approved Supplier" for relevant items in the item master.

  D. Establish sourcing rules while converting source documents from legacy systems into Oracle.

  E. Match the supplier site information for every item on an approved supplier list to the supplier header information on a sourcing rule.

  Correct Answer: ACD

• Question 160:

  For the profile option TP: INV Cycle Count Entries form to Background processing, what are the system requirements for it to be effective? (Choose two.)

  A. The Receiving Transaction manager must be active.

  B. The Cost Manager interface manager must be active.

  C. The Move Transaction interface manager must be active.

  D. The Material Transaction interface manager must be active.

  E. The Lot Move Transaction interface manager must be active.

  Correct Answer: BD