Oracle EBS R12.1 Purchasing Essentials - 1Z0-520 Exam Practice Test
Your customer sets up an item with the wrong primary unit of measure (UOM) and transacts for a couple of years. Now the customer realizes that the unit of measure setup was incorrect. How can you correct the UOM after transactions have been made?
Correct Answer: C
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ABC Corp. has determined Its Accounting Key Flexfield structure for the implementation of Oracle E-Buslness Suite Release 12. The Accounting Key Flexfield structure contains five Segments: Company, Business Unit, Department, Account, and Product.
They have the following requirements:
1) The Department values should be based on the Business Units.
2) They want to produce a quarterly Balance Sheet for each Company.
Which three statements are true? (Choose three.)
They have the following requirements:
1) The Department values should be based on the Business Units.
2) They want to produce a quarterly Balance Sheet for each Company.
Which three statements are true? (Choose three.)
Correct Answer: C,D,E
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The purchasing manager of ABC Corp., needs to procure aluminum sheets. The purchasing manager wants to default supplier, site, and source document information on the requisition.
The purchasing manager creates an approved supplier list and sourcing rule, but does not associate any source document in the approved supplier list.
A global agreement, a quotation, a request for quotation (RFQ) and blanket agreement exist for this item.
The purchasing manager sets the "PO: Automatic Document Sourcing" to Yes.
The supplier and supplier site information are as follows:
GLOBAL AGREEMENT :SUPPLIER A SITE1
QUOTATION :SUPPLIER A SITE2
RFQ :SUPPLIER B SITE1
BLANKET AGREEMENT :SUPPLIER B SITE2
Which supplier and supplier site would default on the requisition?
The purchasing manager creates an approved supplier list and sourcing rule, but does not associate any source document in the approved supplier list.
A global agreement, a quotation, a request for quotation (RFQ) and blanket agreement exist for this item.
The purchasing manager sets the "PO: Automatic Document Sourcing" to Yes.
The supplier and supplier site information are as follows:
GLOBAL AGREEMENT :SUPPLIER A SITE1
QUOTATION :SUPPLIER A SITE2
RFQ :SUPPLIER B SITE1
BLANKET AGREEMENT :SUPPLIER B SITE2
Which supplier and supplier site would default on the requisition?
Correct Answer: B
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Select the best business practice for a supplier that is being newly added to the Approved Supplier List.
Correct Answer: C
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Your client has two inventory organizations (INV ORG 1 and INV ORG 2). The organizations have different business requirements for stock locator control:
INV ORG 1:
Locators must have:
Building identified
Stockroom designated
Row
Rack
Bin
INV ORG 2:
Locators must have:
Row
Rack
Bin
Position within Bin
Which solution would meet both organizations' requirements?
INV ORG 1:
Locators must have:
Building identified
Stockroom designated
Row
Rack
Bin
INV ORG 2:
Locators must have:
Row
Rack
Bin
Position within Bin
Which solution would meet both organizations' requirements?
Correct Answer: D
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BMC is preparing to convert purchase orders (POs) from their legacy system into Oracle.
Their legacy system had intelligent numbering with leading characters, which they want to be converted.
However, after conversion, they want to have nonintelligent numbering; therefore, the system is set up for nonintelligent numbering.
During conversion, the sequence of PO conversion is to be as follows:
1) Manually enter two weeks of POs because the legacy system was shut down with the new PO numbering method.
2) Convert the legacy POs.
What is correct in this situation?
Their legacy system had intelligent numbering with leading characters, which they want to be converted.
However, after conversion, they want to have nonintelligent numbering; therefore, the system is set up for nonintelligent numbering.
During conversion, the sequence of PO conversion is to be as follows:
1) Manually enter two weeks of POs because the legacy system was shut down with the new PO numbering method.
2) Convert the legacy POs.
What is correct in this situation?
Correct Answer: B
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Identify two situations in which item information on a requisition CANNOT be sourced from the Approved Supplier List. (Choose two).
Correct Answer: C,E
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Which two statements are true about lot numbers? (Choose two.)
Correct Answer: A,E
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The Requisition Open Interface is loaded from a variety of sources. Identify five. (Choose five.)
Correct Answer: B,E,F,G,H
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Your customer completes four production orders on a daily basis. One of the production orders has quality problems on some finished-good items. The requirements for this situation are:
i) Isolate the defective material from the regular production order output.
ii) The system should prevent this material from being included in external customer order shipments.
What setup or process can achieve these objectives?
i) Isolate the defective material from the regular production order output.
ii) The system should prevent this material from being included in external customer order shipments.
What setup or process can achieve these objectives?
Correct Answer: B
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