1Z0-520 Real Exam Questions and Verified Answers

Question 1 Multiple choice

Select three true statements about inventory reservations. (Choose three.)

A
A reservation is a link between a supply source and a demand source.
B
For on-hand inventory supply, there is only one type of reservation called high-level reservation.
C
For on-hand inventory supply, there is only one type of reservation called low-level reservation.
D
Reservations can be created only by Oracle applications or via forms. They cannot be imported from third-party applications.
E
A reservation creates a permanent data link between a supply source and a demand source, and represents a guaranteed allotment of material to a specified demand source.
F
Item reservations prevent the allocation of material you previously set aside for a sales order, account, account alias, inventory allotment, user-defined source, process batch components or, Oracle Complex Maintenance and Repair Overhaul work order components.
G
Item reservations allow the allocation of material you previously set aside for a sales order, account, account alias, inventory allotment, user-defined source, process batch components or, Oracle Complex Maintenance and Repair Overhaul work order components as long as the quantity is not negative.

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Correct answers: A, E, F

Question 2 Single choice

Identify the purpose of using Material Status controls.

A
to permit updates to the Item Master record
B
to prevent unnecessary cycle counting in an inventory organization
C
to define the transactions that are permitted for an inventory organization
D
to select the transactions that are permitted to use the inventory on-hand quantity

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Correct answer: D

Question 3 Multiple choice

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 Receivable
D
Oracle General Ledger
E
Oracle Cash Management

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Correct answers: B, C, E

Question 4 Single choice

While entering a cascade receipt, you find that the Cascade button is disabled in the Receipts window.

Which option best describes the reason for this?

A
The receipt is for a drop-shipped item.
B
The receipt is for a Return Material Authorization (RMA).
C
You specified Receipt Routing as Direct Delivery for this supplier.
D
You disabled Allow Cascade Transactions in the Purchase Order Shipments window.
E
You specified a purchase order number instead of a supplier and an item in the Find Expected Receipts window.

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Correct answer: E

Question 5 Single choice

The Quotation lifecycle contains three statuses, In Process, Active, and Closed.

When would you choose the Active status?

A
When you create the quotation.
B
When you approve the supplier's quote.
C
When the quote is received and approved.
D
When the supplier quote is received and entered.
E
When the quotation is complete and ready to be approved.
F
When you receive the quote within the quote's Effectivity Dates.

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Correct answer: E

Explanation

References:
https://docs.oracle.com/cd/E18727_01/doc.121/e13410/T446883T443954.htm

Question 6 Multiple choice

An approved supplier list (ASL) is being defined in a multiorganization environment.

Which two statements are valid? (Choose two.)

A
Setting up a Global ASL is mandatory.
B
If a supplier item has a local ASL setup, you cannot set it up on a Global ASL.
C
The supplier for an item-supplier association must be global, while the supplier site can be local.
D
Company X has set up Planning and would source planned orders. The approval status of the supplier can be set to New or Approved.

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Correct answers: C, D

Question 7 Single choice

You are defining the staging subinventory for your sales order pick release rule.

Which flag should be enabled (checked) for the rule to work properly?

A
Nettable
B
Depreciable
C
Locator Alias
D
Asset Subinventory
E
Allow Reservations
F
PAR (Periodic Automatic Replenishment) Level Planning

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Correct answer: E

Question 8 Multiple choice

Select two conditions which will permit the transfer of lot-controlled items between inventory organizations. (Choose two.)

A
Item is lot-controlled at the subinventory level.
B
Item is lot-controlled in either the shipping or receiving organizations.
C
Item is lot-controlled in both the shipping and receiving organizations.
D
Item is lot-controlled in the receiving organization, but not the shipping organization.
E
Item is lot-controlled in the shipping organization, but not the receiving organization.

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Correct answers: C, E

Question 9 Single choice

Some move orders are pre-approved requests for subinventory transfers that bring material from a source location to a staging subinventory within the organization. Identify the correct move order type.

A
Shipping move orders
B
Pick wave move order
C
Move order requisitions
D
Replenishment move orders
E
Automatic move order requisitions

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Correct answer: B

Question 10 Single choice

View the exhibit.

While entering a journal in the Journals form, you enter a code combination of 29.402.4519.2103.240 in the five-segment Accounting Flexfield. However, you are unable to proceed after entering this account combination.

What could be the problem in the structure of the Accounting Flexfield?

A
The "Freeze Rollup Groups" check box is selected.
B
The "Allow Dynamic Inserts" check box is deselected.
C
The "Freeze Flexfield Definition" check box is selected.
D
The "Cross-Validate Segments" check box is selected.

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Correct answer: B