Oracle 1Z0-520 Online Practice Questions and Exam Preparation

Oracle 1Z0-520 Online Questions & Answers

• Question 241:

  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
  B. Pick wave move order

• Question 242:

  Select three statements that are true. (Choose three.) The timing and frequency of running the process to transfer payables transactions to General Ledger depends on _____.

  A. how often you need to process mass additions
  B. how often you need to see balances in Projects updated
  C. how often you need to run the Invoice Validation process
  D. how often you need to run the Period-End Accrual process
  E. how often you need to do financial reporting out of the general ledger
  F. how often you need to run the Payables Accounting process to create the accounting entries
  A. how often you need to process mass additions
  B. how often you need to see balances in Projects updated
  E. how often you need to do financial reporting out of the general ledger

• Question 243:

  A parts distributor has a facility that includes several buildings that are used as warehouses. All the warehouses together represent one subinventory in an inventory organization. Each building is multistoried, and each floor (story) has several rooms within each building that are unique to that building. All rooms are used to store material, and the distributor needs the ability to store material and pick material from these rooms. What is the optimum number of segments that you would recommend for the Stock Locator flexfield?

  A. 1
  B. 2
  C. 3
  D. 4
  E. 5
  C. 3

• Question 244:

  Your client's department administrative assistant (only) is allowed to self-approve the office supplies requisitions up to $5,000.00. For all other types of requisitions, there is no approval authority.

  The company's location is Ann Arbor.

  The purchasing category for office supplies is Office.Supplies.

  The chart of accounts follows this format: Company.Business Group.Cost Center.Account.Future.

  Your client's company account code is "01," business group is "100," cost center (or department) is "560," the account for office supplies is "67549," and the future segment is always "000000."

  Which approval group setup would enable this restrictive purchasing practice?

  A. Document Total: Amount Limit = $5,000.00Location: Amount Limit = $5,000 and Location = Ann ArborCategory Range: Amount Limit = $10,000Category Range: From x.Supplies To: Office.Supplies
  B. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000.Account Range: From: 01.100.560. 67549.000000 To 01.100.560. 67549.000000Category Range: Amount Limit = $5,000Category Range: From Office.Supplies To: Office.Supplies
  C. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000Account Range: From: 01.100.560. 67549.000000 To: 01.100.560. 67549.000000Category Range: Amount Limit = $5,000Category Range: From: Office.Supplies To: Office.SuppliesRequisition Document Type setup = 'Owner can Approve'
  D. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000Account Range: From: 01.100.560. 00000.000000 To: 01.100.560. 99999.000000Location: Amount Limit = $5,000 and Location = Ann Arbor
  E. Set the Document Total object to include an amount limit of $5,000.00Set the Account Range object to include an amount limit of $5,000 and account range from 01.100.560.00000.000000 to 01.100.560.99999.000000.Set the Account Range object to include an amount limit of $5,000 and account range from 01.100.560.00000.000000 to 01.100.560.99999.000000.Set the Requisition Document Type setup to 'Owner can Approve'.
  C. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000Account Range: From: 01.100.560. 67549.000000 To: 01.100.560. 67549.000000Category Range: Amount Limit = $5,000Category Range: From: Office.Supplies To: Office.SuppliesRequisition Document Type setup = 'Owner can Approve'

• Question 245:

  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 a 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 a zero balance.
  D. During a PO receipt, the lot-based conversion cannot be updated if the lot does not match existing conversion rates.

• Question 246:

  What are the three elements involved in submitting a concurrent request? (Choose three.)

  A. selecting Operating Unit
  B. selecting report language
  C. providing completion option
  D. defining a submission schedule
  E. selecting the request or request set to be submitted
  C. providing completion option
  D. defining a submission schedule
  E. selecting the request or request set to be submitted

• Question 247:

  The Direct Forward method routes documents _____.

  A. to the person with the highest approval authority
  B. to the position with the highest approval authority
  C. to the employee's supervisor, regardless of whether that person has the authority to approve
  D. to the next employee in the hierarchy who has the requisite approval authority to approve the document
  E. to the next position that has approval authority, regardless of whether it has the requisite authority to approve
  D. to the next employee in the hierarchy who has the requisite approval authority to approve the document

• Question 248:

  Which two statements are true regarding partitioning of data by an application? (Choose two)

  A. General Ledger is partitioned by ledgers.
  B. Accounts Payable Is partitioned by Ledgers.
  C. Fixed Assets are partitioned by Operating Unit.
  D. Accounts Receivable Is partitioned by Operating Unit.
  E. Order Management Is partitioned by Inventory Organization.
  A. General Ledger is partitioned by ledgers.
  D. Accounts Receivable Is partitioned by Operating Unit.

• Question 249:

  Your ordering process starts with a requisition. Into which two documents must the purchase requisition document be transformed within Oracle Applications? (Choose two.)

  A. Return
  B. Receipt
  C. Quotation
  D. Purchase Order
  E. Request For Quotation
  D. Purchase Order
  E. Request For Quotation

• Question 250:

  The client uses an external application as the source for cycle counts. What value should be used for the profile option INV: CCEOI Commit Point to ensure successful processing of the Import Cycle Count Entries from Open Interface concurrent program consistently?

  A. Create
  B. Process
  C. Simulate
  D. A number
  D. A number