Oracle 1Z0-520 Online Practice Questions and Exam Preparation

Oracle 1Z0-520 Online Questions & Answers

• Question 1:

  You are implementing the inventory module for XYZ Shoe Manufacturing Company (XYZ).

  XYZ wants to identify the finished goods (FG) items based on two major item characteristics: shoe size and color. The company wants to capture all the FG item descriptions with these two characteristics.

  Which feature is used to capture the item characteristics and control it in the item description?

  A. Categories
  B. Item catalogs
  C. Item key flexfield
  D. Item descriptive flexfield
  E. Category Set and Categories
  B. Item catalogs

• Question 2:

  When you view Item Supply and Demand Information on the Supply/Demand Detail form, Available Quantity is _________.

  A. the quantity on hand
  B. the nettable quantity on hand
  C. the reservable quantity on hand
  D. the projected on-hand quantity of the item, defined as: (all future sources of supply)
  E. the projected on-hand quantity of the item, defined as: (current available) + (all future sources of supply)
  E. the projected on-hand quantity of the item, defined as: (current available) + (all future sources of supply)

• Question 3:

  What is true about α (alpha) in the Exponential Smoothing Forecast (ESF) method?

  A. α (alpha) equals the old forecast.
  B. α (alpha) is always greater than one.
  C. α (alpha) is calculated by Oracle Inventory.
  D. α (alpha) is multiplied by the forecast error to determine the adjustment.
  E. α (alpha) equals the old forecast plus a portion of the forecast error from the previous period.
  D. α (alpha) is multiplied by the forecast error to determine the adjustment.

• Question 4:

  An Inventory organization can be defined as a facility where you can store and transact items. They can be either physical or logical entities.

  Select four common inventory organizations. (Choose four.)

  A. Office Site
  B. Item Master
  C. Warehouse
  D. Inspection Dock
  E. Distribution Center
  F. Manufacturing Site
  G. Human Resources
  H. Receiving Location
  B. Item Master
  C. Warehouse
  E. Distribution Center
  F. Manufacturing Site

• Question 5:

  The Available to Promise (ATP) algorithm uses three time fences.

  They are Past Due Supply, Past Due Demand, and _____.

  A. Finite Supply Time
  B. Infinite Supply Time
  C. Planning Horizon Time
  D. User-Defined Lead Time
  E. Accumulative Lead Time
  B. Infinite Supply Time

• Question 6:

  Select one accurate and comprehensive description of the content scope of an ABC Compile.

  A. performed at the inventory organization level only
  B. performed at the individual subinventory level only
  C. performed at the inventory organization or individual subinventory level
  D. performed at the individual subinventory level with a choice to include the same items from all subinventories in the organization
  C. performed at the inventory organization or individual subinventory level

• Question 7:

  Which two statements are true regarding Inventory replenishment methods? (Choose two.)

  A. Kanban replenishment signals are manual.
  B. Kanban replenishment signals are automatic.
  C. Reorder point planning can be performed at the subinventory level.
  D. Min-max planning considers lead time and is not based on demand projections.
  E. Replenishment counting enables you to perform counts for nontracked subinventories, and then direct Inventory to check these counts against the minimum quantities that you have specified.
  A. Kanban replenishment signals are manual.
  E. Replenishment counting enables you to perform counts for nontracked subinventories, and then direct Inventory to check these counts against the minimum quantities that you have specified.

• Question 8:

  The Copy Lot Attributes checkbox is enabled at the organization item level. Which two statements are true? (Choose two.)

  A. This feature is specific to child lots.
  B. This feature is specific to parent lots.
  C. Lot attributes are copied between child lots.
  D. Parent lot inherits the lot attributes of the child.
  E. Child lots inherit the attributes of the parent lot.
  F. Lot attributes are copied from parent to parent lot.
  G. The feature is applicable to both child and parent lots.
  H. Lot attributes are copied from the child to the parent lot.
  A. This feature is specific to child lots.
  E. Child lots inherit the attributes of the parent lot.

• Question 9:

  Company XYZ has portable bar code readers that are used to scan and read data regarding the amount of time charged on a resource that has been utilized on the manufacturing floor.

  This data about utilization is then processed in the Oracle Work in Process module by using a _____.

  A. concurrent manager
  B. cost transaction manager
  C. move transaction manager
  D. material transaction manager
  E. lot move transaction manager
  E. lot move transaction manager

• Question 10:

  For which three transaction types can picking rules be created? (Choose three.)

  A. PO Receipt
  B. Sales Order
  C. Cycle Count
  D. Work-in-process jobs
  E. Miscellaneous Receipt
  F. Move Order Replenishment
  G. Physical Inventory Adjustment
  B. Sales Order
  D. Work-in-process jobs
  F. Move Order Replenishment