Oracle Oracle Certifications 1Z0-521 Questions & Answers

• Question 1:

  Select the three options available when creating the Security profile for Multi-Org Access Control. (Choose three.)

  A. View all Organizations

  B. Secure by Business Groups

  C. Secure by Inventory Organizations

  D. Secure by Operating Unit and Inventory Organization

  E. Secure Organizations by Organization list and/or hierarchy

  Correct Answer: ADE

• Question 2:

  In the Multi-Org model, which organization type is the highest level that impacts accounting?

  A. Ledger

  B. GRE/Legal Entity

  C. Operating unit

  D. Inventory Organization

  E. Business Group

  Correct Answer: A

• Question 3:

  A user has been assigned with five Operating Units in his or her security profile. The user transacts in three of those Operating Units, the remaining two are used occasionally.

  The user can limit the list of values available to the three Operating Units by _______.

  A. setting the preferred Operating Units in user preferences.

  B. setting the values for the MO: Operating Unit at the user level profile option.

  C. setting the values for the MO: Default Operating Units at the user level profile option.

  D. requesting the system administrator, to update the Operating Units in the security profile.

  E. requesting the system administratot to set up MO: Default Operating Unit for the responsibility.

  Correct Answer: A

• Question 4:

  Identify three true statements regarding Multiple Organization reporting. (Choose three.)

  A. Cross Organization reports and multiple Organization reports are the same.

  B. Cross Organization reports can be submitted for a Reporting Level of Ledger.

  C. Multiple Organization reports can be submitted for a Reporting Level of Ledger.

  D. Multiple Organization reports produce outputs for different Operating Units one at a time from a single responsibility.

  E. Cross Organization reports produce outputs across different Operating Units in a single report from a single responsibility.

  F. Multiple Organization reports produce outputs for different Operating Units in a single report output from a single responsibility.

  Correct Answer: BDE

• Question 5:

  A Ledger is a financial reporting entity. What is new in Oracle E-Business Suite Release 12 that facilitates generation of accounting entries?

  A. Ledger

  B. Chart of Accounts

  C. Multi-Org Structure

  D. Accounting Convention

  E. Financial Accounting Calendar

  Correct Answer: D

• Question 6:

  ABC Corporation has set up the Accounting Key Flexfield. It has also set up a Descriptive Flexfield to store vehicle information associated with the asset category "Vehicle". Identify three correct statements. (Choose three.)

  A. The Descriptive Flexfield is called an "intelligent key structure."

  B. The Descriptive Flexfield for the asset category "Vehicle" captures only additional information.

  C. The Descriptive Flexfield for the asset category "Vehicle" appears as a normal field on a form.

  D. The combination of values in the Accounting Flexfield identifies a particular business entity or class of entities.

  E. You can define cross-validation rules to control the allowable combinations of segment values for the Accounting Flexfield.

  Correct Answer: BDE

• Question 7:

  You are the manufacturing lead for XYZ's implementation of Oracle E-Business Suite Release 12.

  Your client has these requirements:

  1.

  Create a production plan.

  2.

  Analyze Sales Order information.

  3.

  Calculate capacity load ratio by resource or production line.

  4.

  Analyze resources, materials, costs, and job schedule progress.

  Identify the two flows you would implement to accomplish these requirements. (Choose two.)

  A. Click to Order

  B. Order to Cash

  C. Procure to Pay

  D. Forecast to Plan

  E. Demand to Build

  Correct Answer: DE

• Question 8:

  At which two levels can ATP Rules be set? (Choose two.)

  A. the Item Master level

  B. the Subinventory level

  C. the Operating Unit level

  D. the Locator Control level

  E. the Item Organization level

  Correct Answer: AE

• Question 9:

  Select the activities where credit checking can be invoked by the system for noncredit card orders. (Choose four.)

  A. Quoting

  B. Booking

  C. Shipping

  D. Scheduling

  E. Order Entry

  F. Reservation

  G. Pick Release

  H. Purchase Release (for drop shipment)

  Correct Answer: BCGH

• Question 10:

  Identify three features of shared entities in Oracle E-Business Suite Release 12. (Choose three.)

  A. enable one-time definition of objects

  B. are referenced by several Oracle Application modules

  C. are defined in each Oracle Application module separately

  D. are owned by a single Oracle Application module for table purposes only

  E. are owned by a single Oracle Application module to designate the primary user or decision maker

  Correct Answer: ABD