Oracle 1Z0-520 Online Practice Questions and Exam Preparation

Oracle 1Z0-520 Online Questions & Answers

• Question 31:

  The Account Alias Name flexfield cannot exceed _____ characters.

  A. 20
  B. 15
  C. 25
  D. 30
  E. 45
  F. 180
  C. 25

• Question 32:

  The PO Create Documents Workflow creates _____. (Choose three.)

  A. releases from blanket purchase agreements
  B. standard purchase orders from bid quotations
  C. standard purchase orders from catalog quotations
  D. standard purchase orders from standard quotations
  E. standard purchase orders from planned purchase agreements
  F. standard purchase orders from contract purchase agreements
  A. releases from blanket purchase agreements
  C. standard purchase orders from catalog quotations
  F. standard purchase orders from contract purchase agreements

• Question 33:

  ABC Corporation has set up the Accounting Key Flexfield. It has also set up a Descriptive Flexfield to store vehicle information associated with the asset category "Vehicle". Identify three correct statements. (Choose three.)

  A. The Descriptive Flexfield is called an "intelligent key structure".
  B. The Descriptive Flexfield for the asset category "Vehicle" captures only additional information.
  C. The Descriptive Flexfield for the asset category "Vehicle" appears as a normal field on a form.
  D. The combination of values in the Accounting Flexfield identifies a particular business entity or class of entities.
  E. You can define cross validation rules to control the allowable combinations of segment values for the Accounting Flexfield.
  C. The Descriptive Flexfield for the asset category "Vehicle" appears as a normal field on a form.
  D. The combination of values in the Accounting Flexfield identifies a particular business entity or class of entities.
  E. You can define cross validation rules to control the allowable combinations of segment values for the Accounting Flexfield.

• Question 34:

  Identify two correct statements related to Key Performance Indicators and the KPI region in Daily Business Intelligence. (Choose two.)

  A. can be of table format only
  B. can be configured for each dashboard
  C. organizes data into reporting hierarchies
  D. is a strategic business factor that is used for reporting
  E. contains a unique set of graphical information on a dashboard
  B. can be configured for each dashboard
  D. is a strategic business factor that is used for reporting

• Question 35:

  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 all other transactions.
  E. Lots are considered as on-hand supply when you perform min-max or re-order point planning.
  F. Lots are not considered as on-hand supply when you perform min-max or re-order point planning.
  G. Lots are not included in Availabile To Promise, Available to Reserve, and Available to Transact calculations.
  A. Lots are included as on-hand availability in reports.
  C. Lots do not appear in the list of values during receipt transactions.
  E. Lots are considered as on-hand supply when you perform min-max or re-order point planning.

• Question 36:

  For performing an ABC analysis, you need to define ABC Compile, ABC Classes, and ABC Assignment Groups. Identify two correct actions. (Choose two.)

  A. Link an ABC Group to an ABC Compile.
  B. Link an ABC Compile to an ABC Group.
  C. Assign an ABC Group to an ABC Class.
  D. Assign an ABC Class to an ABC Group.
  E. Enable an ABC Group in Subinventories.
  B. Link an ABC Compile to an ABC Group.
  D. Assign an ABC Class to an ABC Group.

• Question 37:

  Select three statements that are true regarding the clearing account. (Choose three.)

  A. An asset clearing account can also be used as a project clearing account.
  B. You can have a maximum of one asset clearing account per asset category.
  C. For each payables document you create, you can have a separate cash clearing account.
  D. You can use Cash in Transit report in cash management only if cash clearing account and cash account are separate.
  E. You use a separate cash clearing account and cash account to have visibility of the Cash in Transit on the balance sheet.
  B. You can have a maximum of one asset clearing account per asset category.
  C. For each payables document you create, you can have a separate cash clearing account.
  E. You use a separate cash clearing account and cash account to have visibility of the Cash in Transit on the balance sheet.

• Question 38:

  Select three true statements about the default of sourcing information for requisitions and purchase orders. (Choose three.)

  A. The item price on a requisition can be defaulted from the Item attribute setup.
  B. Buyer name cannot be defaulted onto a requisition, but you can assign notes to a buyer.
  C. You can modify the last name of the requester defaulting from the Human Resources employee record.
  D. You must use the Transfer From assignment on a sourcing rule for item information to default onto an internal requisition.
  E. When you assign a commodity to an approved supplier list, you do not need to assign the individual items in the commodity.
  F. You can have the same item on a quotation and a blanket agreement but the supplier or supplier site must be different, so that It can default onto a requisition line.
  A. The item price on a requisition can be defaulted from the Item attribute setup.
  D. You must use the Transfer From assignment on a sourcing rule for item information to default onto an internal requisition.
  E. When you assign a commodity to an approved supplier list, you do not need to assign the individual items in the commodity.

• Question 39:

  BMC is preparing to convert purchase orders (POs) from their legacy system into Oracle.

  Their legacy system had intelligent numbering with leading characters, which they want to be converted. However, after conversion, they want to have nonintelligent numbering; therefore, the system is set up for nonintelligent numbering.

  During conversion, the sequence of PO conversion is to be as follows:

  1) Manually enter two weeks of POs because the legacy system was shut down with the new PO numbering method.

  2) Convert the legacy POs.

  What is correct in this situation?

  A. Leave the setups as is, but convert the legacy POs first, then the manual POs.
  B. The system is set up for nonintelligent numbering; therefore, the legacy POs cannot be converted with intelligent numbering.
  C. No setup changes are necessary as long as you ensure that the next automatic number is larger than the largest legacy PO number.
  D. Switch setups from Automatic to Manual, then enter the manual POs, and then switch setups back to Automatic and automatically convert all legacy POs.
  E. Enter the manual POs, then change the PO numbering options to Manual (alphanumeric), convert legacy POs, and then change the PO numbering options back to Automatic.
  E. Enter the manual POs, then change the PO numbering options to Manual (alphanumeric), convert legacy POs, and then change the PO numbering options back to Automatic.

• Question 40:

  Which two statements are true about using foreign currency? (Choose two)

  A. Requisition total is expressed in foreign currency.
  B. Currency can be changed even after a requisition is approved.
  C. Currency cannot be changed once a purchase order is approved.
  D. A foreign currency reference can be specified for each purchase order line.
  E. Requisition can automatically source blanket agreements or catalog quotations with foreign currency information.
  C. Currency cannot be changed once a purchase order is approved.
  D. A foreign currency reference can be specified for each purchase order line.