Download Oracle EBS R12.1 Purchasing Essentials.1z0-520.ActualTests.2019-03-18.150q.vcex
| Vendor: | Oracle |
| Exam Code: | 1z0-520 |
| Exam Name: | Oracle EBS R12.1 Purchasing Essentials |
| Date: | Mar 18, 2019 |
| File Size: | 135 KB |
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Demo Questions
Question 1
Which setup profile option allows you to send a report directly to a browser window?
- Viewer: Text
- Concurrent: Report Copies
- Flexfields: Open Key Window
- Concurrent Report: Access Level
Correct answer: A
Question 2
There are several types of RFQ, Including Catalog RFQ, Standard RFQ, and Bid RFQ.
There are only two classes of RFQ. Identify the two valid classes and their appropriate purposes. (Choose two.)
- Bid Class, which supports Shipments
- Standard Class, which supports Items
- Planned Class, which supports Catalogs
- Catalog Class, which supports Price Breaks
- Cost Class, which supports Bid Price Breaks
- Category Class, which supports Supplier Catalogs
- Contract Class, which supports Total Dollars Agreed to
Correct answer: AD
Question 3
Company X is identifying the major aspects of its inventory organization structure and definitions. Which two actions or statements would be correct? (Choose two.)
- An Inventory location can be an Office Site only If it Is also a registered office.
- It can consider manufacturing facilities, warehouses, distribution centers, and branch offices, as well as other entities.
- It does not need a minimum of two inventory organizations in a master/child relationship, but it is a best practice to do so.
- The financial impact of inventory parameters is limited to Purchase Price Variance and Intransit Account for Interorganization shipments and Transfer Credits for the sending organization.
- You can control inventory organizations across different operating units from one responsibility but you cannot have ft default to one operating unit. The last used operating unit used before you tog off would default when you log in the next time.
Correct answer: BC
Question 4
Which three financial options can be defaulted when you enter a new supplier? (Choose three.)
- Ship Via
- Default Buyer
- RFQ-Only Site
- Bill-To Location
- Supplier Classification
- Payment Bank Account
Correct answer: ACD
Question 5
A recent shipment of item A was routed to the inspection department according to standard practice, but no receipt for item A is available in the system for inspection.
What might have happened?
- Requester set the receipt routing to Direct Delivery in the requisition,
- Receiving clerk created an express receipt instead of a standard one.
- Buyer changed the receipt routing to Standard Receipt in the purchase order line.
- Buyer changed the routing to Direct Delivery at the supplier site level for this supplier.
- Receiving clerk changed the receipt routing to Standard Receipt at the time of receiving.
Correct answer: E
Question 6
A multinational company is setting up the sourcing rules and approved supplier list (ASL) to source inventory items across different organizations.
Which two statements are true? (Choose two.)
- You do not need to create a local ASL if you create a Global ASL
- Inventory organizations used in the sourcing rules must be set up in the Shipping Networks.
- You need to match the supplier between a sourcing rule and an ASL, but not the supplier site.
- The country of origin must be entered in the ASL, or it would not be available on the purchasing document.
- A commodity can be assigned to a supplier at both the global level and at the local level, and the local level assignment takes precedence.
Correct answer: BE
Question 7
Which control option prevents changes or additions to the purchase order or release, but maintains the ability to receive and match invoices?
- Hold
- Firm
- Close
- Freeze
- Finally Close
Correct answer: D
Question 8
An approved supplier list (ASL) is being defined in a multiorganization environment.
Which two statements are valid? (Choose two.)
- Setting up a Global ASL is mandatory.
- If a supplier item has a local ASL setup, you cannot set it up on a Global ASL.
- The supplier for an item-supplier association must be global, while the supplier site can be local.
- Company X has set up Planning would source planned orders. The approval status of the supplier can be set to New or Approved.
Correct answer: CD
Question 9
Your customer wants to convert both RFQs and Quotations to have tracking for Small Business Audit trail. The volume for Quotations is very high and only Approved RFQs and Quotations are being converted. What would you recommend as the best conversion strategy for RFQs and Quotations?
- Data Load both RFQs and Quotations.
- Manually enter both RFQs and Quotations.
- Manually enter RFQs, and Data Load Quotations.
- Use the Purchase Documents Open Interface for both RFQs and Quotations.
- Use the Purchase Documents Open Interface for RFQs and Data Load Quotations,
- Manually enter RFQs, and use the Purchase Documents Open Interface for the loading of Quotations.
Correct answer: F
Question 10
The following transactions occurred at BUY Co., where you implemented the ERS functionality in Oracle Purchasing:
- Purchase order unit price: $10
- Receipt #1001: 150 units (gross of 50 units returned at the time of receiving)
- Receipt #1002: 250 units
- The Pay on Receipt process is run nightly, with the summary level set to Pay Site at the supplier site. The aging period is 0.
What would the Pay on Receipt process generate for these transactions?
- a $3500 invoice
- a $4000 invoice
- a $50 invoice and a $2500 invoice
- a $1500 invoice, a $2500 invoice, and a $50 debit memo
- a $1000 invoice, a $2500 invoice, and a $50 debit memo
Correct answer: A
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