1Z0-520 | The Renewal Guide To 1Z0-520 exam
Q131. Your client uses Average Costing to value the items in the inventory. A Miscellaneous Receipt transaction has been submitted for a quantity of 1 of an item. What are the two possible values that could have been added to the Material Account by this transaction? (Choose two.)
A. 1 x (User-entered Unit Cost)
B. 1 x (Current Average Unit Cost)
C. The transaction will not be costed until the next Cost Manager program is executed.
D. 1 x (Average Cost Variance), calculated when the next Cost Manager program is executed
Answer: A,B
Q132. Which window in Purchasing would you use to copy on existing global Approved Supplier List entry and make it local to your organization?
A. Supplier Statue
B. Request For Quotation
C. Supplier-Item Attribute
D. Approved Supplier List Statuses
E. Sourcing Rule/Bill of Distribution Assignments
Answer: C
Q133. 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 their Organization assignment!
C. Submit and view data across different ledgers using a single responsibility.
D. Enter Payables Invoices for different Operating Units using a single responsibility.
E. View Consolidated requisitions across Operating Units using a single responsibility
Answer: D,E
Q134. You are involved in a project to upgrade to Oracle E-Business Suite, Release 12. You need more information about the upgrade processes and paths.
Where would you find the upgrade guide for Oracle E-Business Suite?
A. AppsNet
B. Bug Database
C. Technical Forums
D. MetaLink Knowledge Base
E. Oracle Technology Network
F. Customer Knowledge Exchange
Answer: D
Q135. ABC Corp. uses Oracle E-Business Suite Release 12 and wants to design an Order Status Web inquiry screen to make order statuses visible to its customers online.
How can ABC Corp. ensure that customers view only their individual order statuses?
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 the same attribute value for CUSTOMER_CONTACT_ID
Answer: A
Q136. Your client has inventory organizations that belong to different operating units. All items are manufactured in one operating unit and shipped to distribution warehouses that belong to other operating units. On an exception basis, transfers may be arranged between distribution warehouses in different operating units. All transfers between operating units are at the shipping organization's standard cost plus a transfer charge percentage. Identify three inventory setup steps that are required for allowing the receiving inventory organization to correctly process
A. Define an Intercompany Price List.
B. Define the correct Unit of Measure conversions for Dual UOM.
C. Define Intercompany Relations for each pair of operating units.
D. Define a separate Item Master Organization for each operating unit.
E. Define Receiving Options for each inventory organization in each operating unit.
F. Define Shipping Networks for each pair of shipping and receiving inventory organizations.
G. Ensure that the Receiving Options are uniform for all inventory organizations in each operating unit.
Answer: C,E,F
Q137. Your customer is planning to close the accounting period in Inventory. Before closing the period, the customer would like to view the total number of pending transactions in one form. Which form would provide this information?
A. Pending Status
B. View Material Transactions
C. Find Pending Transactions
D. Transaction Open Interface
E. Inventory Accounting Period
Answer: E
Q138. Which three statements are true about ABC Analysis and cycle count Classes? (Choose three.)
A. The hit/miss% for the Class overrides the hit/miss% of the cycle count header.
B. The hit/miss% for the cycle count header overrides the hit/miss% of the Class.
C. An ABC Analysis can be compiled for a subinventory that is defined as a non-quantity-tracked subinventory.
D. An ABC Analysis can be compiled for nonasset (expense) subinventories for which quantities are tracked.
E. In ABC Analysis, a quantity variance must always be submitted for approval, regardless of the tolerance levels.
F. Positive and negative tolerances can be entered for each class, which will override the tolerance at the cycle count header level.
Answer: A,D,F
Q139. ABC Company uses serial numbers for the following transactions:
1. Purchase order receipt
2. Miscellaneous receipt
3. Account alias receipt
The company wants to reuse the same serial numbers for work order completion transactions.
Which setup would allow it to reuse the same serial numbers?
A. INV: Validate Returned Serial: No B. INV: Validate Returned Serial: Yes C. INV: Restrict Receipt of Serials: No D. INV: Restrict Receipt of Serials: Yes
E. INV: Validate Returned Lot: Yes and INV: Validate Returned Serial: No
F. INV: Restrict Receipt of Serials: Yes and INV: Validate Returned Serial: No
G. INV: Restrict Receipt of Serials: Yes and INV: Validate Returned Serial: Yes
Answer: C
Q140. Company X is identifying the major aspects of its inventory organization structure and definitions. Which two actions or statements would be correct? (Choose two.)
A. An Inventory location can be an Office Site only If it Is also a registered office.
B. It can consider manufacturing facilities, warehouses, distribution centers, and branch offices, as well as other entities.
C. It does not need a minimum of two inventory organizations in a master/child relationship, but it is a best practice to do so.
D. 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.
E. 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.
Answer: B,C