1Z0-520 | What Vivid 1Z0-520 practice test Is?


Q61. The Direct Forward method routes documents   . 

A. to the person with the highest approval authority 

B. to the position with the highest approval authority 

C. to the employee's supervisor, regardless of whether that person has the authority to approve 

D. to the next employee in the hierarchy who has the requisite approval authority to approve the document 

E. to the next position that has approval authority, regardless of whether it has the requisite authority to approve 

Answer:

Q62. A supplier is not required on a . 

A. Invoice 

B. Receipt 

C. Quotation 

D. Requisition 

E. Purchase Order 

F. Request For Quotation 

Answer:

Q63. Inventory organizations B1 and M1 each have five unique physical separations of material inventory area, which are under locator control. Customer shippable goods are stored in the Finished Goods Inventory (FGI) storage area. The raw material storage area is called Stores. B1 wants to transfer customer goods from one locator to another. Identify the transaction that will accomplish the transfer. 

A. Subinventory transfer 

B. Direct interorganization transfer 

C. Account Alias Issue and Receipt 

D. Miscellaneous Issue and Receipt 

E. Interorganization transfer by way of intransit 

Answer:

Q64. Your client has two inventory organizations (INV ORG 1 and INV ORG 2). The organizations have different business requirements for stock locator control: 

INV ORG 1: 

Locators must have: 

Building identified 

Stockroom designated Row 

Rack 

Bin 

INV ORG 2: 

Locators must have: 

Row 

Rack 

Bin 

Position within Bin 

Which solution would meet both organizations' requirements? 

A. Establish stock locator flexfields as five segments. INV ORG 2 can use the first segment as Row. 

B. Establish stock locator flexfields as four segments. INV ORG 2 can use DFF for Position within Bin. 

C. Establish stock locator flexfields as five segments. INV ORG 2 can leave the fifth segment with a default value. 

D. Establish stock locator flexfields as four segments. INV ORG 1 can create DFF and use that as Building identifier. 

E. Establish stock locator flexfields as six segments. INV ORG 1 can create locators where the sixth segment can be a default value. 

Answer:

Q65. A parts distributor has a facility that includes several buildings that are used as warehouses. All the warehouses together represent one subinventory in an inventory organization. Each building is multistoried, and each floor (story) has several rooms within each building that are unique to that building. All rooms are used to store material, and the distributor needs the ability to store material and pick material from these rooms. What is the optimum number of segments that you would recommend for the Stock Locator flexfield? 

A. 1 

B. 2 

C. 3 

D. 4 

E. 5 

Answer:

Q66. Which two statements are true about setting up an Approved Supplier List? (Choose two.) 

A. An Approved Supplier List is used only for items and not for services. 

B. A Global Agreement cannot be set up as a source document for a requisition. 

C. A blanket purchase agreement cannot be set up as a source for an item in a purchase order line. 

D. You can get the price breaks to default to a requisition from a quotation or a blanket purchase agreement. 

E. You do not need to set the profile option PO: Automatic Document Sourcing to Yes, in order to get the source document information for a service (as opposed to an inventory item). 

Answer: C,D 

Q67. 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 

Answer: A,C,E,F,H 

Q68. Which two are true about the key accounts in the Procure to Pay process? (Choose two.) 

A. The Receiving account is used to record the current balance of material in receiving and inspection. 

B. The Invoice Price Variance account is used to record differences between the invoice price and the average cost. 

C. The Expense AP Accrual account is used to accrue payable liabilities when you receive items you will capitalize as inventory. 

D. The Purchase Price Variance account is used to record differences between the purchase order line price and the average cost. 

E. The Exchange Rate Gain or Loss account is used to record differences between the exchange rate used for the purchase order and the exchange rate used for the invoice. 

Answer: A,E 

Q69. You and your client determined that forecasting methods included with inventory will be sufficient to meet the client's needs. You and the customer have decided to use Focus Forecasting to begin with and move to Exponential Smoothing after one year. Along the way, your customer noticed some definite trends in demand and has requested your help to re-evaluate the forecasting method. 

What do you recommend as a forecasting method? What additional information is needed, if any? 

A. Focus Forecasting 

B. Exponential Smoothing 

C. Exponential Smoothing with Trend Enhanced Forecasting, Alpha and Beta Coefficients 

D. Exponential Smoothing with Season Enhanced Forecasting, Alpha and Beta Coefficients 

E. Exponential Smoothing with Season Enhanced Forecasting, Alpha and Gamma Coefficients 

Answer:

Q70. In the eTRM Technical Reference, where can you find the workflows associated with an application? 

A. PDF files 

B. FND data 

C. DBA data 

D. HTML files 

Answer: