Oracle Oracle Certifications 1Z0-520 Questions & Answers

• Question 71:

  Which three features does the iSupplier Portal provide for maintaining suppliers? (Choose three.)

  A. Ship Via

  B. Addresses

  C. Bill-To Location

  D. User registration

  E. Ship-To Location

  F. Business classification

  Correct Answer: BDF

• Question 72:

  Which are the two mandatory setup steps required during the creation of a new position hierarchy? (Choose two.)

  A. Create a job.

  B. Create and assign a buyer.

  C. Assign a supervisor to all employees.

  D. Enable Position Hierarchy in Financials Options.

  E. Assign charge accounts for all employees in the position hierarchy.

  F. Ensure subordinates match the employee-supervisor assignment in Human Resources.

  Correct Answer: AD

• Question 73:

  Identify two implementation considerations for document security, routing, and approval. (Choose two.)

  A. A position hierarchy can never be the same as the employee-supervisor hierarchy.

  B. You can define either the document total or an account range in an Approval Group.

  C. You must complete the relevant purchasing options before setting up the Position Hierarchy for purchasing documents.

  D. You must define one position hierarchy, including all positions that require access to the document types you want to control, with a Security Level of 'Purchasing'.

  E. All potential approvers must have a login username; if you forward a purchasing document to an approver who does not have a login username, purchasing alerts you with a warning.

  Correct Answer: CE

• Question 74:

  How many distinct ABC Compile Names can exist at a given time in an inventory organization?

  A. an unlimited number of names

  B. only one for each subinventory

  C. only one per inventory organization

  D. one for each subinventory and one for each inventory organization

  Correct Answer: A

• Question 75:

  You need to set up a Material Review Board (MRB) subinventory for storing defective goods that are awaiting disposition. The management team does not want the material in the MRB subinventory to be considered by the Material Requirements Plan (MRP). Which is the key flag in the setup that instructs MRP not to account for the material in the MRB subinventory?

  A. Nettable flag deselected

  B. Planning flag deselected

  C. Quantity Tracked flag selected

  D. Allow Reservation flag deselected

  E. Asset Subinventory flag deselected

  Correct Answer: A

• Question 76:

  You completed an inventory transaction and a work-in-process transaction. Then you checked the on-hand quantity and found that both the inventory and work-in-process transactions were not processed. Which manager is responsible for processing quantity-based transactions?

  A. cost transaction manager

  B. move transaction manager

  C. material transaction manager

  D. lot move transaction manager

  Correct Answer: C

• Question 77:

  Company X has a single Inventory Organization. It wants to monitor aged material. Specifically, it needs to ensure that its products have the most current calibration. Profile Option INV: FIFO for Original Receipt

  Date has two selections. Which selection is correct?

  A. INV: FIFO for Original Receipt Date = No. Original receipt date is lost upon issue.

  B. INV: FIFO for Original Receipt Date = Yes. Original receipt date would be retained until material is picked for shipping.

  C. INV: FIFO for Original Receipt Date = Yes. Original receipt date would be retained until material is issued out of inventory.

  D. INV: FIFO for Original Receipt Date = No. Original receipt date is retained until new inventory is positioned in the same locator.

  E. INV: FIFO for Original Receipt Date = Yes. Original receipt date would be retained until material is moved to nonnettable subinventory.

  Correct Answer: C

• Question 78:

  The PO Create Documents Workflow creates _____. (Choose three.)

  A. releases from blanket purchase agreements

  B. standard purchase orders from bid quotations

  C. standard purchase orders from catalog quotations

  D. standard purchase orders from standard quotations

  E. standard purchase orders from planned purchase agreements

  F. standard purchase orders from contract purchase agreements

  Correct Answer: ACF

• Question 79:

  Application program interface (API) is a software transaction connector for a specific function within Oracle Purchasing. Select three options that describe the function of APIs. (Choose three.)

  A. Load Receipts

  B. Custom Pricing

  C. Load Requisitions

  D. Load Receipt Returns

  E. Load Purchase Orders

  F. Cancel Purchase Orders

  G. Purchasing Order Changes

  Correct Answer: BFG

• Question 80:

  Which purchasing Electronic Data Interchange (EDI) transaction is NOT supported in e Commerce Gateway?

  A. Quotation

  B. Scheduled Release

  C. Request for Quotation

  D. Planned Purchase Order

  E. Advance Shipment and Billing Notice

  Correct Answer: C