Oracle On-Premise Applications 1Z0-519 Questions & Answers

• Question 1:

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

  A. Items is owned by Oracle Purchasing, whereas Locations is owned by Oracle Receivables.

  B. Suppliers is owned by Oracle Purchasing, whereas Units of Measure is owned by Oracle Inventory.

  C. Ledger is owned by Oracle General Ledger, whereas Locations is owned by Oracle Human Resources.

  D. Customers is owned by Oracle Human Resources, whereas Locations is owned by Oracle Receivables.

  E. Sales Force is owned by Oracle Order management, whereas Employees is owned by Oracle Human Resources.

  Correct Answer: BC

• Question 2:

  XYZ Corp. has operations in the U.S. and Canada. Within Canada, it has two separate Divisions due to Statutory requirements: one in Quebec and another in Ontario.

  How would you define the organization structure for XYZ Corp. from the information given above?

  A. two Ledgers, two Legal Entities, and two Operating Units

  B. two Ledgers, two Legal Entities, and three Operating Units

  C. two Ledgers, three Legal Entities, and two Operating Units

  D. two Ledgers, three Legal Entities, and three Operating Units

  E. three Ledgers, three Legal Entities, and three Operating Units

  Correct Answer: D

• Question 3:

  Identify three features of Key Flexfields. (Choose three.)

  A. Key Flexfields are used as identifiers for entities.

  B. The Key Flexfield structure comprises Segments.

  C. A Key Flexfield structure consists of multiple code combinations.

  D. Key Flexfields appear as a single-space field enclosed in brackets.

  E. Each segment of a Key Flexfield usually contains meaningful information.

  Correct Answer: ABE

• Question 4:

  Identify three features of a Balancing Entity. (Choose three.)

  A. Balance sheets are prepared for a Balancing Entity.

  B. A Legal Entity may comprise one or more than one balancing segments.

  C. Multiple Balancing Entities within the same Operating Unit structure is not supported.

  D. A Balancing Entity is represented as a balancing segment value in the accounting flexfield structure.

  E. Oracle E-Business Suite Release 12 automatically secures balancing segment values within your chart of accounts with specific Legal Entities or Operating Units.

  Correct Answer: ABD

• Question 5:

  A table has 15 Attribute columns to capture additional information. The attributes 1-12 are set up in the Descriptive Flexfield as Global segments.

  How many attributes can be set up under any new context?

  A. 1

  B. 3

  C. 15

  D. 12

  E. 11

  Correct Answer: B

• Question 6:

  Identify the two values that the Reporting Level parameter can have when using cross organization reports with the Multi-Org-Access Control feature. (Choose two.)

  A. Ledger

  B. Legal Entity

  C. Operating Unit

  D. Security Profile

  E. Business Group

  Correct Answer: AC

• Question 7:

  Identify three correct statements about the Operating Unit in a Multi-Org model of oracle E-Business Suite Release 12. (Choose three.)

  A. It is the highest level in the Multi-Org structure.

  B. it is an organization type that secures transaction data.

  C. An Operating Unit can be associated with a single Legal Entities.

  D. An Operating Unit can be associated with a single Legal Entity.

  E. Multiple Operating Units can be assigned to a single responsibility.

  Correct Answer: BDE

• Question 8:

  The client requires that cycle counts are entered by the warehouse staff. However, only the warehouse manager can schedule counts, generate count requests, generate count requests and approve the counts that are out of tolerance.

  What should you consider when setting up the cycle counting process?

  A. The frequency of the recounts required

  B. The number of automatic recounts required

  C. The tolerance level for automatic adjustment

  D. Modify the workday calendar used by the warehouse

  E. The responsibility that has access to the Approve Counts function

  F. The number of serial and/or lot controlled items included in the count

  Correct Answer: BCE

• Question 9:

  What is the best method for replenishing free stock items that are stored on the production floor, or office supplies kept in departmental cabinets?

  A. Cycle counting

  B. Min-max planning

  C. Replenishment counting

  D. Economic Order Quantity (EOQ)

  E. Enabling the Bulk Picked item master attribute

  Correct Answer: C

• Question 10:

  You applied a subassembly template for an item at the master level. Four main attributes of the subassembly template are: primary unit of measure (UOM): EA minimum order quantity: 5 maximum order quantity: 10 fixed lead time: 2

  After applying the template, you find that the attributes are not correct. You correct the template with these attributes: primary UOM: LB minimum order quantity: 7 maximum order quantity: 12 fixed lead time: 4

  You reapply the template.

  Which attributes are updated in the item?

  A. primary UOM: LB, minimum order quantity: 7, maximum order quantity: 12, fixed lead time: 4

  B. primary UOM: LB, minimum order quantity: 5, maximum order quantity: 10, fixed lead time: 2

  C. primary UOM: EA, minimum order quantity: 5, maximum order quantity: 10, fixed lead time: 4

  D. primary UOM: EA, minimum order quantity: 7, maximum order quantity: 12, fixed lead time: 4

  E. primary UOM: EA, minimum order quantity: 5, maximum order quantity: 12, fixed lead time: 2

  Correct Answer: D