Oracle 1Z0-521 Online Practice Questions and Exam Preparation

Oracle 1Z0-521 Online Questions & Answers

• Question 101:

  Identify three correct statements regarding prebilling acceptance? (Choose three.)

  A. Pending prebilling is not the correct line status for shipped goods.
  B. Invoicing should be used as a removal event for prebilling acceptance.
  C. Customer acceptance should be used as a removal event for prebilling acceptance.
  D. Implicit acceptance and explicit acceptance are both possible for prebilling acceptance.
  E. Revenue recognition happens when acceptance is completed for prebilling acceptance.
  F. Invoice generation and revenue recognition happen simultaneously during prebilling acceptance.
  B. Invoicing should be used as a removal event for prebilling acceptance.
  D. Implicit acceptance and explicit acceptance are both possible for prebilling acceptance.
  F. Invoice generation and revenue recognition happen simultaneously during prebilling acceptance.

• Question 102:

  Exhibit

  

  View the exhibit while entering a journal in Journal form, you enter a code combination of 29.402.4519.2103.240 in the five-segment Accounting Flexfield. However you are unable to proceed after entering this account combination.

  What could be problem in the structure definition of accounting Flexfield?

  A. The "Freeze Rollup Groups" check box is selected
  B. The "Allow Dynamic Inserts" check box is deselected
  C. The "Freeze Flexfield definition" check box is selected
  D. The "Cross Validate Segment" check box is selected
  B. The "Allow Dynamic Inserts" check box is deselected

• Question 103:

  You are the Human Resource Lead for the ERP implementation of ABC Corporation. You have defined the employees in Oracle Human Resources select three activities that utilize the employee record. (Choose three.)

  A. Approvals
  B. Asset assignment
  C. Organization creation
  D. Journal Entry creation
  E. AutoCreate Purchase Order
  A. Approvals
  B. Asset assignment
  E. AutoCreate Purchase Order

• Question 104:

  A table has 15 Attribute columns to capture additional information. The attributes 1-12 are set up in the Descriptive Flexfield as Global Segments. How many attributes can be set up under any new context?

  A. 1
  B. 3
  C. 15
  D. 12
  E. 11
  B. 3

• Question 105:

  Which three are results of the Ship Confirm process? (Choose three.)

  A. The sales order is closed.
  B. The inventory is decremented.
  C. The sale order line is updated.
  D. Transfer a High Level reservation to an Allocated reservation.
  E. The material is transferred from the staging inventory.
  B. The inventory is decremented.
  C. The sale order line is updated.
  E. The material is transferred from the staging inventory.

• Question 106:

  In which two business scenarios would a seller elect to use Back-to-Back order processing? (Choose two.)

  A. The customer orders products from your company, and you in turn reassign the order to another inventory organization within your company to fulfill the order.
  B. The customer orders products from your company, but you do not typically manufacture or stock the items.
  C. The customer orders products from your company and you in turn place the order with a third-party supplier. The third-party supplier ships the products directly to your customer.
  D. The customer orders products from your company and you in turn place the order with a third-party supplier. The third-party supplier ships the products to you then you reship them to the customer.
  B. The customer orders products from your company, but you do not typically manufacture or stock the items.
  D. The customer orders products from your company and you in turn place the order with a third-party supplier. The third-party supplier ships the products to you then you reship them to the customer.

• Question 107:

  Select the three permissions for setting basic pricing profile options. (Choose three)

  A. View
  B. Delete
  C. Administer
  D. Read only
  E. No access
  F. View and update
  A. View
  E. No access
  F. View and update

• Question 108:

  Identify four features to Workflow monitor. (Choose four)

  A. Enables you to view your Workflows
  B. Enables you to modify a workflow definition file
  C. Enables you to download a workflow definition file
  D. Displays status information for the process instance
  E. Enables administrators to perform control operations
  F. Enables you to search for a Workflow process instance
  G. Provide only summary level information about individual activities of a workflow process.
  A. Enables you to view your Workflows
  D. Displays status information for the process instance
  E. Enables administrators to perform control operations
  F. Enables you to search for a Workflow process instance

• Question 109:

  ABC Corp uses Oracle E-Business suite Release 12 and wants to design an order status web inquiry screen to make order status visible to its customers online

  How can ABC Corp ensure that customers view only their individual order status?

  A. By securing attributes for each customer
  B. By excluding attributes for individual customers
  C. By assigning a separate attribute value for INTERNAL_CONTACT_ID
  D. By assigning a same attribute value for CUSTOMER_CONTACT_ID
  A. By securing attributes for each customer

• Question 110:

  Which three are results of Ship Confirm process when the Defer Interface flag is set to No? (Choose three)

  A. The sales order is closed
  B. The inventory is decremented
  C. The sales order line is updated
  D. The sales order is pick released
  E. The material is transferred from the staging inventory
  F. High-level reservations are converted to allocated reservations.
  B. The inventory is decremented
  C. The sales order line is updated
  E. The material is transferred from the staging inventory