1Z0-520 | The Down to date Guide To 1Z0-520 practice test
Q91. 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.
Answer: B,C,E,F
Q92. Which two functional areas have default category sets? (Choose two.)
A. Planning, Engineering, Costing
B. Purchasing, Payables, Inventory
C. Inventory, Purchasing, Bill of Materials
D. Order Management, Inventory, Purchasing
E. Inventory, Bill of Materials, Work in Process
F. Planning, Order Management, General Ledger
G. Order Management, Inventory, Work in Process
Answer: A,D
Q93. Which control option prevents changes or additions to the purchase order or release, but maintains the ability to receive and match invoices?
A. Hold
B. Firm
C. Close
D. Freeze
E. Finally Close
Answer: D
Q94. A global manufacturing organization (GLO) has multiple sourcing rules and approved supplier lists (ASLs) that are set up correctly.
Three of the inventory organizations are ITA, NYC, and GER. NYC is a manufacturing organization and the other two are distribution warehouses. The three organizations source items from each other. Which two statements are valid? (Choose two.)
A. One global location is sufficient for the three organizations.
B. Three lines were set up on a sourcing rule and the sourcing rule was assigned to a single Assignment Set.
C. A sourcing rule is set up for a supplier but no ASL. When an item is entered on a requisition for this supplier, the supplier information would not be defaulted.
D. The price for item A is set in ITA at P1 and in GER at P2. When you raise an internal requisition for item A in destination org ITA and source org GER, the defaulted price is P2.
E. ITA has a sourcing rule to source a part from GER. You also assign a bill of distribution to ITA to source the same part from the manufacturing plant NYC. The default source would be GER.
Answer: B,E
Q95. Due to excessive customer returns, the client needs to prevent the reservation and subsequent shipping to customers of a specific lot number for an item, pending a quality review. Identify two conditions that will satisfy this requirement. (Choose two.)
A. Assign the lot a material status that does not permit reservations.
B. Assign the lot a material status that only permits subinventory transfers and issues to scrap.
C. Assign the lot a material status that does not permit reservations, but only permits subinventory transfers and issues to scrap.
D. Transfer the quantity on hand of the item to a subinventory that does not permit reservations, but only permits subinventory transfers and issues to scrap.
Answer: C,D
Q96. What is the impact of setting the profile option INV:
Override Neg for Backflush = Yes?
A. It would not allow inventory to be driven negative.
B. Backflush transactions would drive inventory negative.
C. Backflush transactions would not drive inventory negative.
D. Backflush and inventory transactions would drive inventory negative.
E. Backflush and inventory transactions would not drive inventory negative.
F. It would permit the driving of on-hand inventory negative for miscellaneous issue transactions.
Answer: B
Q97. Your customer sets up an item with the wrong primary unit of measure (UOM) and transacts for a couple of years. Now the customer realizes that the unit of measure setup was incorrect. How can you correct the UOM after transactions have been made?
A. You can change the UOM easily in the organization items.
B. You cannot correct the primary UOM for the item after transactions.
C. You can easily correct the primary UOM by changing the value in the item master.
D. You can delete items using delete group and create the item again using the correct primary UOM.
Answer: B
Q98. You have logged in to the Oracle E-Business Suite Release 12 instance and accessed your worklist. You see four FYI notifications in your default Worklist view. You opened the first notification and clicked the "OK" button after reviewing the content.
A. You see four notifications in your worklist.
B. You see three notifications in your worklist.
C. Status of the first notification has been updated to "Delete."
D. Status of the first notification has been updated to "Closed."
E. You can view the first notification by choosing the "All Notifications" view from your worklist.
F. You can view the first notification by choosing the "FYI Notifications" view from your worklist.
Answer: B,D,E
Q99. A multinational company is setting up the sourcing rules and approved supplier list (ASL) to source inventory items across different organizations.
Which two statements are true? (Choose two.)
A. You do not need to create a local ASL if you create a Global ASL
B. Inventory organizations used in the sourcing rules must be set up in the Shipping Networks.
C. You need to match the supplier between a sourcing rule and an ASL, but not the supplier site.
D. The country of origin must be entered in the ASL, or it would not be available on the purchasing document.
E. A commodity can be assigned to a supplier at both the global level and at the local level, and the local level assignment takes precedence.
Answer: B,E
Q100. Which two options would you use to restrict the functionality provided by a responsibility? (Choose two.)
A. creating an appropriate role
B. creating an appropriate group
C. constructing a new menu hierarchy
D. defining rules to exclude specific functions
Answer: C,D