Oracle Oracle Certifications 1Z0-520 Questions & Answers

• Question 261:

  Requisition Import groups all requisitions with the same group code under the same requisition header. If no group code is specified, requisition Import groups requisitions according to five types of groups that can be optionally passed to the Requisition Import process.

  Identify them. (Choose five.)

  A. Group by Item.

  B. Group by price.

  C. Group by buyer.

  D. Group by UOM.

  E. Group by location.

  F. Group by supplier.

  G. Group by description.

  H. Group all requisition lines under one requisition header

  Correct Answer: ACEFH

• Question 262:

  Consider the following setups:

  1) Purchasing System Option enforce Full Lot Quantity * Mandatory

  2) Rounding Factor at the item level = 75%

  3) Unit of Issue at the item level = Dozen

  Select two statements that are true. (Choose two.)

  A. If the user enters 6 each on an internal requisition, the quantity will be rounded to 0,

  B. If the user enters 6 each on a purchase requisition, the quantity will be rounded to 0,

  C. If the user enters 11 each on an internal requisition, the quantity will be rounded to 12 each,

  D. If the user enters 11 each on a purchase requisition, the quantity will be rounded to 12 each,

  E. An advisory message suggesting rounding and a suggested rounding quantity are displayed, but you can override this.

  Correct Answer: AC

• Question 263:

  Select three true statements regarding the Workflow Document Creation prerequisite (PO Create Documents workflow). (Choose three.)

  A. Catalog quote must not be expired, but may be inactive.

  B. Supplier and supplier site are required on the requisition related to a contract purchase order.

  C. If a system Item is not associated with the requisition line, a supplier item number is required.

  D. Sourcing rules are required If the requisition originates in Oracle Purchasing or {Procurement.

  E. No source document is required for the PO Create Documents workflow to create a release or purchase order.

  F. The only time an approved supplier list is required is if your source document is a blanket purchase agreement and you are using a system item.

  Correct Answer: BCF

• Question 264:

  When a quotation is due to expire within the number of days you specified, then you receive the following message in the Notifications Summary window: Quotations active or approaching expiration: [number]. Where is this [number] set up in the system?

  A. in the Quote Header - Warning Delay field

  B. in the Systems Profile Options - PO: Quote Warning Delay

  C. in Purchasing Options on the 'Default' Tab - Quote Warning Delay field

  D. Lookup Code, which is an (LOV) list of Values, in the Quote Header - Warning Delay field

  Correct Answer: C

• Question 265:

  You have been asked by the HR Manager to define Oracle Alert to show all employees terminated in the

  past six months.

  Identify three pieces of information that is required to define this Alert. (Choose three.)

  A. actions that you want Alert to perform

  B. frequency with which you want to run this Alert

  C. a SQL statement that retrieves terminated employees

  D. name of the concurrent program to be run after Alert runs

  E. database table name, which stores employee Information to specify In the Event Details section

  Correct Answer: ABC

• Question 266:

  Which four are supported by the Receiving Open Interface (ROI)? (Choose four.)

  A. Unordered receipt

  B. Dynamic locators

  C. Deliver transactions

  D. Movement statistics

  E. Correct transactions

  F. Receive transactions

  G. Transfer transactions

  Correct Answer: CEFG

• Question 267:

  The following transactions occurred at BUY Co., where you implemented the ERS functionality in Oracle Purchasing: Purchase order unit price: $10 Receipt #1001: 150 units (gross of 50 units returned at the time of receiving) Receipt #1002: 250 units

  The Pay on Receipt process is run nightly, with the summary level set to Pay Site at the supplier site. The aging period is 0.

  What would the Pay on Receipt process generate for these transactions?

  A. a $3500 invoice

  B. a $4000 invoice

  C. a $50 invoice and a $2500 invoice

  D. a $1500 invoice, a $2500 invoice, and a $50 debit memo

  E. a $1000 invoice, a $2500 invoice, and a $50 debit memo

  Correct Answer: A

• Question 268:

  Your customer wants to convert both RFQs and Quotations to have tracking for Small Business Audit trail. The volume for Quotations is very high and only Approved RFQs and Quotations are being converted. What would you recommend as the best conversion strategy for RFQs and Quotations?

  A. Data Load both RFQs and Quotations.

  B. Manually enter both RFQs and Quotations.

  C. Manually enter RFQs, and Data Load Quotations.

  D. Use the Purchase Documents Open Interface for both RFQs and Quotations.

  E. Use the Purchase Documents Open Interface for RFQs and Data Load Quotations,

  F. Manually enter RFQs, and use the Purchase Documents Open Interface for the loading of Quotations.

  Correct Answer: F

• Question 269:

  Your company often orders Items that are sourced from multiple suppliers. At any given time, the supplier varies depending on the supplier's current production capability and price offering. The price varies throughout the year. For a particular item, there is no single supplier that receives the majority of the orders. What is the best way to set up this item?

  A. Create blanket purchase agreements, a sourcing rule identifying all the possible suppliers, and approved supplier list entries.

  B. Create contract purchase agreements, a sourcing rule identifying all the possible suppliers, and approved supplier list entries.

  C. Do not create blanket or contract purchase agreements or sourcing rules. Manually AutoCreate requisitions onto standard purchase orders.

  D. Create a blanket purchase agreement for only one supplier, a sourcing rule for just that supplier, and an approved supplier list entry for that supplier.

  E. Create a contract purchase agreement for only one supplier, a sourcing rule for just that supplier, and an approved supplier list entry for that supplier.

  Correct Answer: C

• Question 270:

  When implementing Purchasing at FGH Corp., you notice several administrative inefficiencies due to a poorly maintained supplier list. Identify three inefficiencies. (Choose three.)

  A. entering suppliers twice

  B. issuing specific invoices

  C. generating inaccurate returns

  D. generating inaccurate receipts

  E. generating accurate supplier reports

  F. issuing more payments than necessary

  G. issuing more purchase orders than necessary

  Correct Answer: AFG