Oracle 1Z0-520 Online Practice Questions and Exam Preparation

Oracle 1Z0-520 Online Questions & Answers

• Question 61:

  The Accrual Reconciliation report can be used to identify problems in receiving, purchasing, inventory, work in process, or accounts payable transactions.

  Which three problems can this report be used to identify? (Choose three.)

  A. payments made to the wrong invoices
  B. mismatches in receipt and invoice quantities
  C. invoices matched to the wrong purchase order
  D. receipts made against the wrong purchase order
  E. sales tax and freight charged to the A/P Liability account
  F. miscellaneous inventory or work in process transactions that used the Invoice Price Variance account in error
  C. invoices matched to the wrong purchase order
  E. sales tax and freight charged to the A/P Liability account
  F. miscellaneous inventory or work in process transactions that used the Invoice Price Variance account in error

• Question 62:

  Which Approved Supplier List (ASL) entry would take precedence for an item?

  A. Local entry that applies to your suppliers.
  B. Global entry that applies to your suppliers.
  C. Local entry that applies only to your organization.
  D. Both local and global entries that apply to your suppliers.
  E. Global entry that applies to all organizations of your company.
  C. Local entry that applies only to your organization.

• Question 63:

  XYZ Corp. has acquired ABC Corp. XYZ operates with Multi-Org Access Control. Consequently XYZ Corp. needs to add additional Operating Units. Identify the statement that describes the sequence for adding additional Operating Units.

  A. It is not possible to add additional Operating Units.
  B. Set the MO: Operating Unit profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary:
  C. Set the MO: Security Profile profile option, run the Replicate Seed Data concurrent request, create the Operating Unit, and create new responsibilities as necessary.
  D. Create the Operating Unit, run the Replicate Seed Data concurrent request, create new responsibilities as necessary, and set up the MO: Default Operating Unit profile option.
  E. Create the Operating Unit, run the Replicate Seed Data concurrent request, assign the Operating Unit to a security hierarchy, run Security List maintenance concurrent program, create new responsibilities as necessary, and set up the MO: Security Profile profile option.
  E. Create the Operating Unit, run the Replicate Seed Data concurrent request, assign the Operating Unit to a security hierarchy, run Security List maintenance concurrent program, create new responsibilities as necessary, and set up the MO: Security Profile profile option.

• Question 64:

  For which type of move order is approval required?

  A. Planning Move order
  B. Shipping Move Order
  C. Production Move order
  D. Requisition Move Order
  E. Replenishment Move Order
  D. Requisition Move Order

• Question 65:

  Shared entities are used throughout Oracle E-Business Suite Release 12. Identify the four entities that are shared. (Choose four.)

  A. Ledger
  B. Sales Force
  C. Unit of Measure
  D. Invoice Sources
  E. Oracle Application Object Library (AOL)
  A. Ledger
  B. Sales Force
  C. Unit of Measure
  E. Oracle Application Object Library (AOL)

• Question 66:

  Which five actions can you perform on Requisitions? (Choose five.)

  A. Print requisitions.
  B. Update requisitions.
  C. Cancel/Final Close requisitions.
  D. Modify after the requisition has been approved.
  E. View the status and action history of requisitions.
  F. Delete requisition lines after the requisition has been approved.
  G. Only Finally Close requisitions; Cancel is not an available action.
  H. Review requisition assignments and assign/reassign requisitions to buyers.
  I. Printing requisitions is not an available action until the client has created a company form.
  J. Requisition Management is not a valid action for requisitions; assigning/reassigning can be performed only on POs.
  A. Print requisitions.
  B. Update requisitions.
  C. Cancel/Final Close requisitions.
  E. View the status and action history of requisitions.
  H. Review requisition assignments and assign/reassign requisitions to buyers.

• Question 67:

  Identify three true statements regarding Multiple Organization reporting. (Choose three.)

  A. Cross Organization reports and multiple Organization reports are the same.
  B. Cross Organization reports can be submitted for a Reporting Level of Ledger.
  C. Multiple Organization reports can be submitted for a Reporting Level of Ledger.
  D. Multiple Organization reports produce outputs for different Operating Units one at a time from a single responsibility.
  E. Cross Organization reports produce outputs across different Operating Units in a single report from a single responsibility.
  F. Multiple Organization reports produce outputs for different Operating Units in a single report output from a single responsibility.
  C. Multiple Organization reports can be submitted for a Reporting Level of Ledger.
  D. Multiple Organization reports produce outputs for different Operating Units one at a time from a single responsibility.
  E. Cross Organization reports produce outputs across different Operating Units in a single report from a single responsibility.

• Question 68:

  Which two statements are true about lot numbers? (Choose two.)

  A. Lot numbers can be user defined.
  B. Lot numbers have to be numeric only.
  C. Lot numbers have to be of a fixed length.
  D. Lot numbers can be generated only at the organization level.
  E. Before turning lot control on for an item, your on-hand quantity for that item should be zero.
  A. Lot numbers can be user defined.
  E. Before turning lot control on for an item, your on-hand quantity for that item should be zero.

• Question 69:

  In the Descriptive Flexfield (DFF. implementation, the purpose of the "Synchronize check box is to synchronize_____.

  A. the DFF Values with the Reference field
  B. the DFF Contexts with the Reference field
  C. the DFF Attributes with the Reference field
  D. the DFF Segments with the Reference field
  E. the DFF Value Sets with the Reference field
  B. the DFF Contexts with the Reference field

• Question 70:

  You receive a request to create a new responsibility for US Payables Manager. The request states that the new responsibility should have access to all menu items except Invoice Payments. Identify two options that you would use to restrict the Invoice Payments option on the new US Payables Manager responsibility. (Choose two.)

  A. Remove the request group from the new US Payables Manager responsibility
  B. Create a Menu Exclusion for Invoice Payments on the US Payables Manager responsibility.
  C. Create an Item Exclusion for Invoice Payments on the US Payables Manager responsibility.
  D. Create a Security Attribute for Invoice Payments on the US Payables Manager responsibility.
  E. Create a new menu excluding the Invoice Payments option and attach the new menu to the responsibility.
  B. Create a Menu Exclusion for Invoice Payments on the US Payables Manager responsibility.
  E. Create a new menu excluding the Invoice Payments option and attach the new menu to the responsibility.