Oracle 1Z0-519 Online Practice Questions and Exam Preparation

Oracle 1Z0-519 Online Questions & Answers

• Question 71:

  Select the true statement about Material Status Control.

  A. The profile option "IMV: Default Item Status" must be set to Active at the site level to enforce Material Status Control.
  B. The profile option "INV: Material Status Support" must be set to Yes at the site level to enforce Material Status Control.
  C. The profile option "INV: Transaction Reasons Security" must be set to Yes at the site level to enforce Material Status Control.
  D. The profile option "INV: Allow Expense to Asset Transfer" must be set to Yes at the application level to enforce Material Status Control.
  B. The profile option "INV: Material Status Support" must be set to Yes at the site level to enforce Material Status Control.

• Question 72:

  Identify three modules that can be secured using the Operating Unit in Oracle E-Business Suite Release 12. (Choose three.)

  A. Oracle Assets
  B. Oracle Payables
  C. Oracle Receivables
  D. Oracle General Ledger
  E. Oracle Cash Management
  B. Oracle Payables
  C. Oracle Receivables
  E. Oracle Cash Management

• Question 73:

  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.
  C. The system would not allow the transaction to be posted because Oct 26th is in a closed period.

• Question 74:

  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
  D. Accounting Convention

• Question 75:

  Company XYZ manufactures three different types of PC monitors.

  Type 1 is a unique requirement for the local college called Northern College. Shipments of Type 1 to other customers are not allowed. This Item is stored only in a subinventory called MODEL 1.

  Other models are also stored in this same subinventory.

  The other two types (Type 2 and Type 3) can be shipped to any other customer, including Northern College.

  Which conditions are mandatory for the Picking rule (rule.to meet these requirements?

  A. Transaction type of Sales Order. Rule assigned to Northern College.
  B. Subinventory as MODEL 1. Rule assigned to customer Northern College.
  C. Subinventory as MODEL 1. Rule assigned to Type 1, and customer as Northern College.
  D. Subinventory as MODEL 1. Rule assigned to Type 1, and transaction type as Sales Order.
  E. Subinventory as MODEL 1. Rule assigned to Type 1, transaction type as Sales Order, and customer Northern College.
  E. Subinventory as MODEL 1. Rule assigned to Type 1, transaction type as Sales Order, and customer Northern College.

• Question 76:

  Which two options would you use to restrict the functionality provided by a responsibility? (Choose two.)

  A. creating an appropriate role
  B. creating an appropriate group
  C. constructing a new menu hierarchy
  D. defining rules to exclude specific functions
  C. constructing a new menu hierarchy
  D. defining rules to exclude specific functions

• Question 77:

  Review the organization structure regarding the inventory organizations (I0) and sales organizations (SO)

  The company has defined shipping networks based on these policies:

  Inventory Organizations within an Operating Unit (OU) can perform shipments to the Sales Organizations only within the same OU. An Inventory Organization can ship to any other Inventory Organization in the company.

  The only exception to the rule is China, which can ship to any US organization.

  Which sites can 10 3 ship to?

  

  A. IO 2, IO 4, IO 5, SO 3
  B. 10 1, IO 2, IO 3, IO 4, 10 5
  C. IO 1, IO 2, IO 4, IO 5, SO 3
  D. IO2,IO 3, IO 4, IO 5, SO 3
  E. IO 1, IO2,10 4, 10 5, SO 1, SO2,SO 3
  C. IO 1, IO 2, IO 4, IO 5, SO 3

• Question 78:

  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.
  A. Balance sheets are prepared for a Balancing Entity.
  B. A Legal Entity may comprise one or more than one balancing segments.
  D. A Balancing Entity is represented as a balancing segment value in the accounting flexfield structure.

• Question 79:

  Which Inventory table stores reservations Information generated for sales orders?

  A. MTL_DEMAND
  B. MTL_SALES_ORDERS
  C. OE_OBDER_LINES_ALL
  D. MTL_GENRRIC DISPOSITIONS
  A. MTL_DEMAND

• Question 80:

  Which two statements are true regarding lot-based unit of measure (UOM) conversions? (Choose two.)

  A. You cannot update existing on-hand balances for lot-based UOM conversions.
  B. You can create lot-specific UOM conversions for on-hand lots or lots with zero balance.
  C. You cannot create lot-specific UOM conversions for on-hand lots or lots with a zero balance.
  D. During a PO receipt, the lot-based conversion cannot be updated if the lot does not match existing conversion rates.
  E. Updating the on-hand balance on a lot-based UOM conversion requires a cycle count transaction with the lot number provided in the count record.
  B. You can create lot-specific UOM conversions for on-hand lots or lots with zero balance.
  D. During a PO receipt, the lot-based conversion cannot be updated if the lot does not match existing conversion rates.