1Z0-520 | A Review Of Highest Quality 1Z0-520 exam question


Q141. ABC Corp, has the following Organization Structure 

1) Legal Entity: A 

2) Operating Units: B end C 

3) Balancing Entitles: 10. 20. and 30 

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

A. Each Balancing Entity mutt balance within itself. 

B. There can be multiple Balancing Entitles within an Operating Unit 

C. Balancing Entity is the lowest postable unit in the Chart of Accounts. 

D. Balancing Entitles can be automatically secured at the Legal Entity level. 

E. Balancing Entities can be secured at the Operating Unit level through Security Rules 

Answer: A,B,E 

Q142. Which are the three mandatory fields when defining a supplier bank header? (Choose three.) 

A. Bank 

B. Bank branch 

C. Bank contact 

D. Bank account number 

E. Bank operating account 

Answer: A,B,D 

Q143. Your client wants to ensure that backflush operations can continue even if the inventory level is driven below zero. At the same time, they want typical inventory transactions to be prevented from driving inventory levels below zero. Which configuration meets this requirement? 

A. Org Profile option to Allow Negative Balances = No; Profile option for INV: Override Neg for Backflush = No. 

B. Org Profile option to Allow Negative Balances = No; Profile option for INV: Override Neg for Backflush = Yes. 

C. Org Profile option to Allow Negative Balances = Yes; Profile option for INV: Override Neg for Backflush = No. 

D. Org Profile option to Allow Negative Balances = Yes; Profile option for INV: Override Neg for Backflush = Yes. 

Answer:

Q144. Which two statements apply to a Physical Inventory Tag as defined by Inventory? (Choose two.) 

A. Physical Inventory Tags cannot be bar coded. 

B. It can contain a count for a group of a given item. 

C. It is produced and printed by the Generate Physical Inventory Tags function. 

D. It is unique for every stock locator/item/lot number/serial number combination. 

E. It is used to indicate to the warehouse staff that a count has been recorded for that location, so that a duplicate count is not performed. 

Answer: B,D 

Q145. Which three financial options can be defaulted when you enter a new supplier? (Choose three.) 

A. Ship Via 

B. Default Buyer C. RFQ-Only Site D. Bill-To Location 

E. Supplier Classification 

F. Payment Bank Account 

Answer: A,C,D 

Q146. You have performed all the prerequisite setups for the creation of sourcing rules for items to be included in a blanket purchase agreement (blanket). However, when the buyer tries to approve the blanket, a caution is displayed stating that no sourcing rules are created. What could be the two reasons for this? (Choose two.) 

A. Approved supplier list is not defined for the sourcing rule. 

B. The blanket purchase order Start Date and End Date are null. 

C. The buyer did not have the necessary approval authority to create sourcing rules. 

D. Items on blanket do not have the Purchased and Purchasable item attributes enabled. 

E. The blanket effective period overlaps with the multiple effective periods in the sourcing rule. 

Answer: B,E 

Q147. Which setup sequence best describes the prerequisites for setting up Oracle Purchasing? 

A. Set up user. > Assign responsibilities. > Define a Ledger. 

B. Set Address Styles. > Define locations. > Set key profile options. 

C. Set up descriptive flexfields. > Set key profile options. > Set address style default. 

D. Define a Ledger. > Set up descriptive flexfields. > Define Purchasing Lookup Codes. 

E. Define Human Resources key flexfields. > Define a Ledger > Create responsibilities. 

Answer: