Oracle 1Z0-520 Online Practice Questions and Exam Preparation

Oracle 1Z0-520 Online Questions & Answers

• Question 161:

  Which three purchasing Electronic Data Interchange (EDI) transactions are supported in the e-Commerce gateway? (Choose three.)

  A. Quotation
  B. Update Supplier
  C. Supplier item creation
  D. Request for Quotation
  E. Purchase Order Change Order
  F. Advance Shipment and Billing Notice
  D. Request for Quotation
  E. Purchase Order Change Order
  F. Advance Shipment and Billing Notice

• Question 162:

  Identity the profile option that is required Multi-Org Access Control for multiple Operating Units.

  A. HR: User Type
  B. MO: Operating Unit
  C. MO: Security Profile
  D. HR: Business group
  E. MO: Default Operating Unit
  B. MO: Operating Unit
  C. MO: Security Profile
  E. MO: Default Operating Unit

• Question 163:

  RFQs and Quotations have setups in the following areas: Purchasing Control Options, Lookup Codes, and Profile Options. Select the two options that contain correct setups, for both the Purchasing Control Options and the Profile Options. (Choose two.)

  A. Purchasing Control Options: Quotation Numbering, Line Type, and Quotation Required
  B. Profile Options: PO: Write Server Output to File, and PO: Warning Delay Days Number
  C. Purchasing Control Options: RFQ Numbering, Quote Warning Delay, and RFQ Required
  D. Profile Options: PO: Display AutoCreated Quotation, and PO: Warning Delay Days Number
  E. Purchasing Control Options: RFQ Quotation Numbering, Quote Warning Delay, and Quotation Required
  F. Profile Options: PO: Price Tolerance (%) for Catalog Updates, and PO: Warn if RFQ Required before AutoCreate
  C. Purchasing Control Options: RFQ Numbering, Quote Warning Delay, and RFQ Required
  F. Profile Options: PO: Price Tolerance (%) for Catalog Updates, and PO: Warn if RFQ Required before AutoCreate

• Question 164:

  You received 100 units of item A on Monday. On Tuesday, you discovered that three units are missing from the shipment. You entered a correction to adjust the quantity received to 97. On Wednesday, you found two units damaged and you created a Return To Supplier transaction. The profile option PO: ERS Aging Period is set to 3 days. What is true if the Payment on Receipt process is run on Friday?

  A. The process will generate an invoice for 95 units.
  B. The process will generate an invoice for 97 units and a debit memo for 2 units.
  C. The process will generate an invoice for 97 units. Then you will have to manually create a debit memo for 2 units.
  D. The Return To Supplier transaction already created a debit memo. The Payment on Receipt process will generate an invoice for 97 units.
  E. The process will generate an invoice for 100 units. Then you will have to manually adjust the invoice for 3 units and create a debit memo for 2 units.
  A. The process will generate an invoice for 95 units.

• Question 165:

  Which three are valid setup options for purchasing document types? (Choose three.)

  A. Archive On
  B. Forward Method
  C. Default Hierarchy
  D. Security Access Level
  E. Can Change Hierarchy
  F. Owner Cannot Approve
  A. Archive On
  B. Forward Method
  C. Default Hierarchy

• Question 166:

  If you have Purchasing as the only installed application, in which two tabs in the Financial Options window are you required to enter information? (Choose two.)

  A. Tax
  B. Accounting
  C. Encumbrance
  D. Human Resources
  E. Supplier-Purchasing
  B. Accounting
  E. Supplier-Purchasing

• Question 167:

  Identify two statements that are true regarding the defining of your purchasing document approval and routing process. (Choose two.)

  A. Pre-Approved documents do not need to be approved by the next approver.
  B. Oracle Approvals Management is used to configure Purchase Order approval workflows.
  C. When a requisition is approved, the corresponding purchase order does not need to be approved.
  D. It is possible to have different approval routing processes for Purchase Requisitions and Internal Requisitions.
  E. A planned purchase order and its corresponding planned (scheduled) release can have separate approval limits.
  D. It is possible to have different approval routing processes for Purchase Requisitions and Internal Requisitions.
  E. A planned purchase order and its corresponding planned (scheduled) release can have separate approval limits.

• Question 168:

  Which four must be set up to implement a position hierarchy for document approvals? (Choose four.)

  A. Buyers
  B. Employee Jobs
  C. Approval Groups
  D. Security Hierarchy
  E. Employee Positions
  F. Employee Locations
  G. Approval Assignments
  B. Employee Jobs
  C. Approval Groups
  E. Employee Positions
  G. Approval Assignments

• Question 169:

  Receiving Open Interface (ROI) is typically a three-step process. Identify the correct sequence of the steps.

  A. Load - Accrue - Process
  B. Load - Confirm - Process
  C. Receive - Inspect- Deliver
  D. Load - Process - Confirm
  E. Validate - Confirm - Process
  D. Load - Process - Confirm

• Question 170:

  Which four responsibilities must be defined in order to perform the purchasing setup when the complete Oracle R12 E-Business Suite is installed? (Choose four.)

  A. Inventory Manager
  B. Payables Manager
  C. Receivables Manager
  D. System Administrator
  E. Purchasing Super User
  F. General Ledger Super User
  G. Advanced Supply Chain Planner
  B. Payables Manager
  D. System Administrator
  E. Purchasing Super User
  F. General Ledger Super User