Oracle 1Z0-521 Online Practice Questions and Exam Preparation

Oracle 1Z0-521 Online Questions & Answers

• Question 91:

  The Sales credit information on the sales order is used to _______.

  A. calculate and store commission amounts on the Order
  B. calculate and pay commission by CRM incentive compensation
  C. calculate and pay commission through Order Management and Accounts receivable
  D. calculate commission amounts through Order Management and pass to Accounts Payable
  B. calculate and pay commission by CRM incentive compensation

• Question 92:

  Identify three correct statements about the Operating Unit in a Multi-Org model of Oracle E-Business Suite Release 12. (Choose three.)

  A. It is the highest level in the Multi-Org structure.
  B. It is an organization type that secures transaction data.
  C. An Operating Unit can be assigned to multiple Legal Entities.
  D. An Operating Unit can be associated with a single Legal Entity.
  E. Multiple Operating Units can be assigned to a single responsibility.
  B. It is an organization type that secures transaction data.
  D. An Operating Unit can be associated with a single Legal Entity.
  E. Multiple Operating Units can be assigned to a single responsibility.

• Question 93:

  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 Operational 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, 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 the operating unit, and create new responsibilities as necessary. And set the MO: Default Operating Unit profile option.
  E. Create the Operating Unit, run the Replicate Seed Data concurrent request, assign the Operating Unit to security hierarchy, run Security List maintenance concurrent program, create new responsibilities as necessary. And set the MO: Security Profile profile option.
  E. Create the Operating Unit, run the Replicate Seed Data concurrent request, assign the Operating Unit to security hierarchy, run Security List maintenance concurrent program, create new responsibilities as necessary. And set the MO: Security Profile profile option.

• Question 94:

  Which three statements are true regarding drop ship orders? (Choose three)

  A. The supplier ships to the seller
  B. Requisition import program creates the requisition.
  C. The PO is created from an approved requisition, which is then sent to the supplier
  D. Drop shipments are created as sales orders in order management with an initial source type.
  E. The purchase release concurrent program or workflow in order management creates rows in the requisition import tables.
  B. Requisition import program creates the requisition.
  C. The PO is created from an approved requisition, which is then sent to the supplier
  E. The purchase release concurrent program or workflow in order management creates rows in the requisition import tables.

• Question 95:

  Identify three features of a Balancing Entity. (Choose three)

  A. Balance sheets are prepared for a Balancing Entity
  B. A Legal Entity may comprise one or more than one balancing segments.
  C. Multiple Balancing Entities within the same Operating Unit structure is not supported
  D. A Balancing Entity is represented as a balancing segment value in the accounting Flexfield structure.
  E. Oracle E-Business Suit Release 12 automatically source balancing segment value with in your chart of accounts with specific Legal Entities or Operating Units.
  A. Balance sheets are prepared for a Balancing Entity
  B. A Legal Entity may comprise one or more than one balancing segments.
  D. A Balancing Entity is represented as a balancing segment value in the accounting Flexfield structure.

• Question 96:

  A Ledger is a financial reporting entity. What is new in Oracle E-Business Suite Release 12 that facilitates generation of accounting entries?

  A. Ledger
  B. Chart of Accounts
  C. Multi-Org Structure
  D. Accounting Convention
  E. Financial Accounting Calendar
  D. Accounting Convention

• Question 97:

  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.
  B. Cross 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 98:

  ABC Inc. is a manufacturer of laser machines, which is an Assemble-to-Order (ATO) Model. Sales representatives configure the laser model on the basis of customer requirements with all the options during the customer order entry process.

  Which two statements are true? (Choose two.)

  A. ATO Model cannot be used on intercompany order transactions.
  B. Upon completion of the work order for the ATO Model, only the ATO model item and Option Class and Option items are pick released and ship confirmed in Oracle, and not the configured item.
  C. ABC Inc. progresses the sales order after generating the configured item to create the work order.
  D. ABC Inc. generates the configured item for the ATO model when the sales order is in enter status.
  E. After generating the configured item for the ATO model, if the item is available in stock, the item can be reserved to the sales order line, and ship confirmed without generating the work order.
  C. ABC Inc. progresses the sales order after generating the configured item to create the work order.
  E. After generating the configured item for the ATO model, if the item is available in stock, the item can be reserved to the sales order line, and ship confirmed without generating the work order.

• Question 99:

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

  A. General Ledger is portioned by Ledgers
  B. Accounts Payable is portioned 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 portioned by Ledgers
  D. Accounts Receivable is partitioned by Operating Unit

• Question 100:

  Identify four functional setup steps that you would perform for ATP base on collection data. (Choose four)

  A. Define price lists
  B. Define ATP rules
  C. Setup stock locators
  D. Setup transit lead time
  E. Set up pricing modifiers
  F. Select the ATP item attribute
  G. Set up profile INV: capable to promise
  H. Set up Inventory Organization Hierarchy
  B. Define ATP rules
  D. Setup transit lead time
  F. Select the ATP item attribute
  G. Set up profile INV: capable to promise