Oracle 1Z0-521 Online Practice Questions and Exam Preparation

Oracle 1Z0-521 Online Questions & Answers

• Question 131:

  In the shipping transaction form, there is an option to back order items that have been pick released.

  Which three statements are true about this option? (Choose three.)

  A. Backordered quantities lose their reservation status.
  B. Backordered quantities retain their reservation status.
  C. Backordered quantities can be flagged for cycle counting.
  D. Backordered quantities remain in the staging subinventory.
  E. Backordered quantities return to their original staging location.
  A. Backordered quantities lose their reservation status.
  C. Backordered quantities can be flagged for cycle counting.
  D. Backordered quantities remain in the staging subinventory.

• Question 132:

  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.
  B. The Descriptive Flexfield for the asset category "Vehicle" captures only additional information.
  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 133:

  XYZ Corp has operations in the U.S. and Canada. Within Canada, it has two separate Divisions due to Statutory requirements: one in Quebec and other in Ontario

  How would you define the organization structure for XYZ Corp from the information given above?

  A. Two Ledgers, two Legal Entities, and two Operating Units
  B. Two Ledgers, two Legal Entities, and three Operating Units
  C. Two Ledgers, three Legal Entities, and three Operating Units
  D. Two Ledgers, two Legal Entities, and three Operating Units
  E. Three Ledgers, three Legal Entities, and three Operating Units
  D. Two Ledgers, two Legal Entities, and three Operating Units

• Question 134:

  Which two statements are true regarding ownership of shared entities? (Choose two)

  A. Item is owned by Oracle purchasing, whereas Location is owned by Oracle Receivables.
  B. Supplier is owned by Oracle purchasing, whereas units of measured is owned by Oracle Inventory.
  C. Ledger is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources
  D. Customer is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources
  E. Sales force is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources
  B. Supplier is owned by Oracle purchasing, whereas units of measured is owned by Oracle Inventory.
  E. Sales force is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources

• Question 135:

  Identify two features of an "Independent" value set. (Choose two.)

  A. There is a predefined list of values for a segment.
  B. The values are stored in a product applications table.
  C. The values are stored in an Oracle Application Object Library table.
  D. You can enter a value other than those in the predefined list of values.
  A. There is a predefined list of values for a segment.
  C. The values are stored in an Oracle Application Object Library table.

• Question 136:

  Identify two Descriptive Flexfield components whose values are used to determine contexts. (Choose two)

  A. The context field
  B. Global segments
  C. The reference field
  D. Context-sensitive Segments
  A. The context field
  C. The reference field

• Question 137:

  Identify the two values that the Reporting Level parameter can have when using cross organization reports with the Multi璒rg Access Control feature. (Choose two.)

  A. Ledger
  B. Legal entity
  C. Operating Unit
  D. Security profile
  E. Business group
  A. Ledger
  C. Operating Unit

• Question 138:

  Which three activities are the parts of shipping process in order to cash cycle? (Choose three)

  A. Scheduling the order line
  B. Splitting sales order lines
  C. Assigning deliver to trips
  D. Decrementing inventory after ship has happened
  E. Moving materials from factory to the stocking warehouses
  F. Create move orders to transfer the items to the shipping Subinventory
  C. Assigning deliver to trips
  D. Decrementing inventory after ship has happened
  F. Create move orders to transfer the items to the shipping Subinventory

• Question 139:

  Identify the two benefits of using Multi-Org access control. (Choose two)

  A. View asset information across multiple asset books
  B. Restrict access to users based on there organization assignments
  C. Submit and view data across different ledgers using a single responsibility.
  D. Enter payable invoices for different operating units using a single responsibility.
  E. View consolidated requisitions across operating units using a single responsibility.
  D. Enter payable invoices for different operating units using a single responsibility.
  E. View consolidated requisitions across operating units using a single responsibility.

• Question 140:

  A user has been assigned with five Operating Units in his or her security profile. The user transacts in three of those Operating Units, the remaining two are used occasionally.

  The user can limit the list of values available to the three Operating Units by _______.

  A. setting the preferred Operating Units in user preferences.
  B. setting the values for the MO: Operating Unit at the user level profile option.
  C. setting the values for the MO: Default Operating Units at the user level profile option.
  D. requesting the system administrator, to update the Operating Units in the security profile.
  E. requesting the system administratot to set up MO: Default Operating Unit for the responsibility.
  A. setting the preferred Operating Units in user preferences.