Oracle Oracle Certifications 1Z0-520 Questions & Answers

• Question 241:

  A global company uses Oracle E-Business Suite Release 12 for Its operations In the U.S. and Canada. The company Is now adding Mexico to the Oracle E-Business Suite Release 12 Applications. As a system administrator, you need to set the MO: Operating Unit profile option for Mexico. Customer is not using Multi-Org Access Control.

  You set the MO: Operating Unit profile option at the ____level.

  A. Site

  B. User

  C. Application

  D. Responsibility

  Correct Answer: D

• Question 242:

  Identify two types of regions in Daily Business Intelligence. (Choose two.)

  A. menu

  B. table

  C. folder

  D. report

  E. graph

  Correct Answer: BE

• Question 243:

  A Global Single Instance (GS1) provides the global enterprise with a single, complete data model, Identify three features In Oracle Business Suite Release 12 that support a 6SL (Choose three.)

  A. maintenance of third-party applications

  B. automation of standardized documents and audit processes

  C. decentralization of operations by regions, divisions, or processes

  D. consolidation of data centers and lowering administrative overhead

  E. capture of statutory and customary local requirements In the same database

  Correct Answer: BDE

• Question 244:

  You receive a request to create a new menu. Instead of creating a new menu, you modify an existing

  menu and save It to a different User Menu Name.

  What happens after saving the menu with a different User Menu Name?

  A. There will be two menus.

  B. The original menu is disabled.

  C. The new menu will not contain any functions.

  D. The new menu will overwrite the original menu.

  Correct Answer: D

• Question 245:

  Select three true statements about the default of sourcing information for requisitions and purchase orders. (Choose three.)

  A. The item price on a requisition can be defaulted from the Item attribute setup.

  B. Buyer name cannot be defaulted onto a requisition, but you can assign notes to a buyer.

  C. You can modify the last name of the requester defaulting from the Human Resources employee record.

  D. You must use the Transfer From assignment on a sourcing rule for item information to default onto an internal requisition.

  E. When you assign a commodity to an approved supplier list, you do not need to assign the individual items in the commodity.

  F. You can have the same item on a quotation and a blanket agreement but the supplier or supplier site must be different, so that It can default onto a requisition line.

  Correct Answer: ADE

• Question 246:

  Identify four ways in which sourcing rules significantly improve efficiency of procurement processes. (Choose four.)

  A. Allowing you to transfer from one supplier site to the other, if It is a global supplier.

  B. Assigning sourcing rules at the item or item-organization level using an assignment set.

  C. Giving you the ability to identify the priority to be given to the local sites of a global supplier.

  D. Sourcing the highest percentage of an item from only those suppliers who ranked the highest.

  E. Allowing you to identify the most efficient shipping method to be used for a specific sourcing rule,

  F. Automatically allocating planned orders across different suppliers based on predetermined criteria such as rank and percentage.

  G. Allowing the implementer to define a single sourcing rule for an item at the Item Master level, to cater to all inventory organizations.

  Correct Answer: BCEF

• Question 247:

  Consider the following scenario for inventory item B.

  1) Standard Cost: $10 2) Purchase Order Line Quantity: 100; Purchase Order Line Price: $12 3) Match Approval Level: Three-Way Matching; Receipt Routing: Direct Delivery 4) Received Quantity: 40 5) Invoice Price: $14; Invoiced Quantity: 20

  Which option describes the effect on different accounts correctly?

  A. Debit Material Account $480; Credit Inventory AP Accrual Account $240; Debit Invoice Price Variance Account $40; Debit Purchase Price Variance Account $0; Credit AP Liability Account $280

  B. Debit Material Account $400; Credit Inventory AP Accrual Account $240; Debit Invoice Price Variance Account $40; Debit Purchase Price Variance Account $80; Credit AP Liability Account $280

  C. Debit Material Account $400; Credit Inventory AP Accrual Account $240; Debit Invoice Price Variance Account $80; Debit Purchase Price Variance Account $40; Credit AP Liability Account $280

  D. Credit Material Account $400; Debit Inventory AP Accrual Account $240; Credit Invoice Price Variance Account $40; Credit Purchase Price Variance Account $80; Debit AP Liability Account $280

  Correct Answer: B

• Question 248:

  Which three are valid setup options for purchasing document types? (Choose three.)

  A. Archive On

  B. Forward Method

  C. Default Hierarchy

  D. Security Access Level

  E. Can Change Hierarchy

  F. Owner Cannot Approve

  Correct Answer: ABC

• Question 249:

  Consider the following scenario for inventory item A: 1) Standard Cost: $10, Purchase Order Line Price: $12, Purchase Order Line Quantity: 10 2) Receipt Routing: Direct Delivery

  You created a receipt of 8 units for item A. Which option correctly describes the effect on different accounts?

  A. Debit Material Account $80; Credit Inventory AP Accrual Account $96; Debit Invoice Price Variance Account $16; No effect on Purchase Price Variance Account

  B. Debit Material Account $80; Credit Inventory AP Accrual Account $96; No effect on Invoice Price Variance Account; Debit Purchase Price Variance Account $16

  C. Debit Material Account $80; Credit Inventory AP Accrual Account $80; No effect on Invoice Price Variance Account; Debit Purchase Price Variance Account $16

  D. Credit Material Account $80; Debit Inventory AP Accrual Account $96; No effect on Invoice Price Variance Account; Credit Purchase Price Variance Account $16

  E. Debit Material Account $96; Credit Inventory AP Accrual Account $96; No effect on Invoice Price Variance Account; Credit Purchase Price Variance Account $16

  Correct Answer: B

• Question 250:

  A Blanket Purchase Agreement Is created with the following cumulative price break:

  Quantity > 0: Unit Price = $5

  Quantity > 20: Unit Price = $4

  Single line, single distribution releases are created as follows:

  Release# 1 with quantity 15

  Release# 2 with quantity 10

  What are the unit price values on the releases?

  A. Release1 $5, Release2 $5

  B. Release1 $4, Release2 $4

  C. Release1 $5, Release2 $4

  D. It depends on the price tolerance for the line.

  E. Release1 $5, Release2 $4 for a quantity of 5 and $5 for a quantity of 5

  Correct Answer: C