Oracle Oracle Certifications 1Z0-521 Questions & Answers

• Question 61:

  Which two statements are true regarding partitioning of data by an application? (Choose two)

  A. General Ledger is portioned by Ledgers

  B. Accounts Payable is portioned by Ledgers

  C. Fixed Assets are partitioned by Operating Unit

  D. Accounts Receivable is partitioned by Operating Unit

  E. Order Management is partitioned by Inventory Organization

  Correct Answer: AD

• Question 62:

  Which three statements true about modifying Flexfield values? (Choose three)

  A. The values cannot be disabled

  B. The values description can be changed

  C. The effective dates for a value can be limited

  D. The values can be deleted after they are defined

  E. The values cannot be modified after they are defined

  Correct Answer: BCE

• Question 63:

  You receive request to create a new responsibility for US payable manager. The request states that the new responsibility should have access to all menu items except invoice payments.

  Identify two options that you would use to restrict the invoice payments option on new US payables manager responsibility. (Choose two)

  A. Remove the request group from the new US payable manager responsibility.

  B. Create a menu Exclusion for invoice payments on US payable manager responsibility.

  C. Create Item exclusion for invoice payments on US payable manager responsibility.

  D. Create a security attribute for invoice payments on US payable manager responsibility.

  E. Create a new menu excluding the invoice payments on US payable manager responsibility.

  Correct Answer: BE

• Question 64:

  Identify three statements about defining actions in Oracle Alert. (Choose three)

  A. An alert can contain only one action set

  B. An alert can contain number of action sets

  C. When multiple actions are defined they must be included in an Action Set.

  D. Oracle alert waits for user response before executing next action in action set

  E. When multiple action are defined they do not need to be included in an action set

  F. Oracle Alerts does not wait for user response before executing next action in action set.

  Correct Answer: BCF

• Question 65:

  ABC Corp has the following organization structure :

  1) Legal Entity: A 2) Operating units: B and C 3) Balancing Entities: 10, 20, and 30

  Identify three correct statements regarding the balancing Entity. (Choose three)

  A. Each balancing Entity must balance within itself.

  B. There can be multiple Balancing Entities Within an operating unit

  C. Balancing Entity is the lowest possible unit in the chart of accounts

  D. Balancing Entities can be automatically secured at legal entity level

  E. Balancing Entities can be secured at the operating unit level through security Rules

  Correct Answer: ABE

• Question 66:

  Which two statements are true regarding ownership of shared entities? (Choose two)

  A. Item is owned by Oracle purchasing, whereas Location is owned by Oracle Receivables.

  B. Supplier is owned by Oracle purchasing, whereas units of measured is owned by Oracle Inventory.

  C. Ledger is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources

  D. Customer is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources

  E. Sales force is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources

  Correct Answer: BE

  Incorrect:

  Not C: General Ledger owns the 'Ledger' shared Entity.

  Note:

  * Shared entities in the eBusiness Suite allow the one-time definition of an object, and the use of that object across several products. Shared entities are "owned" by a single product for table purposes only. It does not designate the primary user or decision maker.

• Question 67:

  A global single instance (GSI) provides the global enterprise with a single, complete data model. Identify three features in Oracle E-Business suite Release 12 that support a GSI. (Choose three)

  A. Maintenance of third-party applications

  B. Automation of standardize documents and audit process

  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 same database

  Correct Answer: BDE

• Question 68:

  Which three major application product families are included in the Oracle E-Business suite Release 12 footprint? (Choose three)

  A. Oracle workflow

  B. Oracle Financials

  C. Oracle Application Framework

  D. Oracle application Object Library

  E. Oracle project management product suite

  F. Oracle Human Resource management system suite

  Correct Answer: BEF

• Question 69:

  Identify two operations that users can specify using Multi-Org preferences. (Choose two)

  A. Set up the default operating unit

  B. Set up frequently accessed responsibilities

  C. Set up date, currency, and number formats

  D. Set up frequently accessed forms and web pages

  E. Set up the access to limited list of operating units

  Correct Answer: AE

• Question 70:

  Oracle daily Business Intelligence functions are secured using standard Oracle Application function security. Choose three dashboards that are secured by the inventory organization. (Choose three)

  A. Inventory Management

  B. Warehouse Management

  C. Procurement Management

  D. Commodity supplier Management

  E. Customer fulfillment Management

  Correct Answer: ABE