1Z0-519 Real Exam Questions and Verified Answers

Question 1 Multiple choice

Which three statements are true when disabling lots? (Choose three.)

A
Lots are included as on-hand availability in reports.
B
Lots are not included as on-hand availability in reports.
C
Lots do not appear in the list of values during receipt transactions.
D
Lots appear in the list of values for receipts and ail other transactions.
E
Lots are considered as on-hand supply when you perform min-max or re-order poin tplanning.
F
Lots are not considered as on-hand supply when you perform min-max orre-order point planning.
G
Lots are not included in Available to Promise, Available to Reserve, and Available to transact calculations.

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Correct answers: A, C, E

Question 2 Single choice

Company X has three Operating Units: A, B, and C. Each Operating Unit has the MO: Security Access profile option called ABC Security assigned. Operating Unitahas froth the MO: Operating Unit profile option
and the MO; Default Operating Unit profile option assigned to it.

Which statement is true?

A
Paul can create transactions for the A, B, and C Operating Units.
B
All transactions created by Paul are automatically assigned to the Operating Unit A.
C
Paul can report on data across A, B, and C Operating Units, but enter transactions only against A.
D
The profile option did not include Operating Unit B and Operating Unit C due to an error by the system administrator.
E
The Payables responsibility is linked to the Operating Unit A by the MO: Operating Unit profile option and can create transactions for that Operating Unit alone.

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Correct answer: A

Question 3 Single choice

Beyond the shelf life days, active lots become expired lots. Expired lots______.

A
Can be reserved
B
Are not allowed to do subinventory transfer
C
Are not included in Inventory valuation reports
D
Cannot be transacted and included in on-hand quantities
E
Are not included in cycle and physical counting adjustments
F
Are not considered as on-hand supply for min-max and re-order point planning

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Correct answer: F

Question 4 Single choice

A Ledger is a financial reporting entity.

What is new in Oracle E-Business Suite Release 12 that facilitates generation of accounting entries?

A
Ledger
B
Chart of Accounts
C
Multi-Org Structure
D
Accounting Convention
E
Financial Accounting Calendar

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Correct answer: D

Question 5 Single choice

ABC company closed the accounting period for the month of October. Their current inventory accounting period is November and all their day-to-day transactions fall under the November period.

The goods were physically received on OCT 26th, but the details were not entered into the system. On Nov 5th, they found a missing receipt transaction for Oct 26th.

The business user tried to enter the missing receipt on Nov 5th with the transaction date of Oct 26th.

How would the system respond?

A
The system would post the transaction with the date of Oct 26th.
B
If they adjust the closed period tolerances, the system would allow them to post the transaction.
C
The system would not allow the transaction to be posted because Oct 26th is in a closed period.
D
If they reopen the inventory accounting period, the system would allow them to post the transaction.
E
A warning message would appear because the period is closed. they can override it and post the transaction.

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Correct answer: C

Question 6 Multiple choice

A Global Single Instance (GSI) provides the global enterprise with a single, complete data model. Identify three features In Oracle E-Business Suite Release 12 that support a GSI. (Choose three.)

A
maintenance of third-party applications
B
automation of standardized documents and audit processes
C
decentralization of operations by regions, divisions, or processes
D
consolidation of data centers and lowering administrative overhead
E
capture of statutory and customary local requirements in the same database

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Correct answers: B, D, E

Question 7 Multiple choice

Which two statements are true when performing an Account Alias Receipt? (Choose two.)

A
The alias names can be defined by the user.
B
The alias transaction would go through the workflow approval process.
C
Account alias transactions require two events: first Entry, then Transact.
D
The General Ledger account linked to the Account Alias is required to be Active.
E
Account Alias Receipt transactions would always be considered an inventory adjustment.
F
Account Alias Receipt transactions can dynamically create a new receipt if the General Ledger account is provided.

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Correct answers: A, D

Question 8 Multiple choice

You are moving items from locator A to locator B within the same Inventory organization.

Which two types of inventory transactions are required? (Choose two.)

A
Move Order
B
Locator transfer
C
Subinventory transfer
D
WIP component Issue
E
Miscellaneous Receipt
F
WIP assembly completion
G
Interorganization transfer direct

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Correct answers: A, C

Question 9 Multiple choice

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.

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Correct answers: B, D, E

Question 10 Single choice

Your client requires Org A to supply Org B with inventory on a need basis. The Internal Order flag is checked. An internal requisition has been created and approved.

What type of receipt would Org B have to perform to receive the goods?

A
RMA receipt
B
Inter-Org transfer
C
Account Alias receipt
D
Purchase Order receipt
E
Receipt by Shipment Number

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Correct answer: E