Oracle
1Z0-520
Oracle E-Business Suite R12.1 Purchasing Essentials
QUESTION & ANSWERS
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QUESTION 1
The Purchasing Document Open Interface is used to import purchasing documents from sources
outside of Oracle Purchasing. Select the answer that contains all the correct document types or
functions that can be interfaced into Oracle through the Purchasing Document Open Interface.
A. Contract Agreements, Standard Purchase Orders, Price sales catalog information, Purchase Order
Changes.
B. Standard Purchase Orders, Purchase Order Changes, Cancel Purchase Order, Requisitions,
Receipts.
C. Price sales catalog information, Responses to requests for quotations (RFQs) in the form of blanket
purchase agreement lines, or catalog quotations, Standard Purchase Orders, Planned Purchase
Orders.
D. Requisitions, Receipts, Custom Pricing, Contract Agreements, Standard Purchase Orders.
E. Standard Purchase Orders, Purchase Order Changes, Contract Agreements, Blanket Purchase
Agreements, Planned Purchase Orders.
Correct Answer: C
QUESTION 2
Your client requires Org A to supply Org B with inventory on a need basis. The Internal Order flag is
checked. An internal requisition has been created and approved. What type of receipt would Org B
have to perform to receive the goods?
A.
B.
C.
D.
E.
Inter-Org Transfer
RMA receipt
Purchase Order receipt
Receipt by Shipment Number
Account Alias receipt
Correct Answer: D
QUESTION 3
Your customer is interested in implementing revision control for the finished goods model items.
Which two requirements can be met by implementing revision control? (Choose two.)
A. scrapping the old model and introducing a new model which has changes in functionality and
features
B. tracking design changes in all other functions, such as Bill of Materials, Routings, Work in Process,
and so on, using the same model number
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C. accommodating a slight design change in the model, where functionality and features remain the
same
D. changing model functionality when on-hand quantity is available
E. tracking design changes in other modules (BOM, Work In Process) with a different model number
Correct Answer: B,C
QUESTION 4
You need to set up a Material Review Board (MRB) subinventory for storing defective goods that are
awaiting disposition. The management team does not want the material in the MRB subinventory to
be considered by the Material Requirements Plan (MRP). Which is the key flag in the setup that
instructs MRP not to account for the material in the MRB subinventory?
A.
B.
C.
D.
Quantity Tracked flag selected
Nettable flag deselected
Planning flag deselected
Allow Reservation flag deselected
Correct Answer: C
QUESTION 5
Identify the sequence of steps to determine the Descriptive Flexfield name on a form in Oracle EBusiness Suite Release 12 with Diagnostics enabled. 1) Select Help > Diagnostics > Examine. 2) The
username of the DFF appears in the Value field. 3) Select the DFF name from the list of values in the
""Field"" field. 4) Select the ""$DESCRIPTIVE_FUEXFIELD$B value for the Block name.
A.
B.
C.
D.
1 4,3,2
1,3,4,2
4,3,1,2
1,2,3,4
Correct Answer: A
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QUESTION 6
You match an unordered receipt to____ .
A.
B.
C.
D.
E.
a finally closed purchase order shipment from the same organization for the same supp
a Return Material Authorization (RMA. from any organization
a purchase order shipment from the same organization for any supplier
a purchase release shipment from the same organization for the same supplier
a purchase order shipment from any organization
Correct Answer: D
QUESTION 7
You are working on an implementation of Oracle Purchasing at a financial institution. The client has
strategically sourced a firm for all its desktop needs. Volume discounts apply. The client has
standardized pricing requirements for specific brands of equipment and peripherals. Which two types
of procurement documents would you suggest? (Choose two.)
A.
B.
C.
D.
E.
Blanket Purchase Agreement
Contract Agreement
Global Agreement
Standard Purchase Order
Planned Purchase Order
Correct Answer: A,C
QUESTION 8
The buyer decides to automatically update and create sourcing rules, as part of the blanket purchase
agreement approval process. However, on clicking the Approve button, the buyer does not see any
option to update and create blanket purchase sourcing rules. Which profile option has the buyer failed
to set up?
A.
B.
C.
D.
PO: Allow Auto-generate Sourcing Rules
PO: Automatic Document Sourcing
PO: Allow Autocreation of Oracle Sourcing Documents
MRP: Default Sourcing Assignment Set
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Correct Answer: A
QUESTION 9
Identify four ways in which sourcing rules significantly improve efficiency of procurement processes.
(Choose four.)
A. Allowing you to transfer from one supplier site to the other, if It is a global supplier.
B. Allowing you to identify the most efficient shipping method to be used for a specific sourcing rule,
C. Automatically allocating planned orders across different suppliers based on predetermined criteria
such as rank and percentage.
D. Sourcing the highest percentage of an item from only those suppliers who ranked the highest.
E. Assigning sourcing rules at the item or item-organization level using an assignment set.
F. Giving you the ability to identify the priority to be given to the local sites of a global supplier.
Correct Answer: B,C,E,F
QUESTION 10
When implementing Purchasing at FGH Corp., you notice several administrative inefficiencies due to a
poorly maintained supplier list. Identify three inefficiencies. (Choose three.)
A.
B.
C.
D.
E.
F.
generating inaccurate receipts
issuing more purchase orders than necessary
generating inaccurate returns
issuing specific invoices
entering suppliers twice
issuing more payments than necessary
Correct Answer: B,E,F
QUESTION 11
A Ledger is a financial reporting entity. What is new in Oracle E-Business Suite Release 12 that
facilitates generation of accounting entries?
A. Ledger
B. Chart of Accounts
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C. Accounting Convention
D. Financial Accounting Calendar
E. Multi-Org Structure
Correct Answer: C
QUESTION 12
Identify two statements that are true regarding the defining of your purchasing document approval
and routing process. (Choose two.)
A. A planned purchase order and its corresponding planned (scheduled) release can have separate
approval limits.
B. Pre-Approved documents do not need to be approved by the next approver.
C. Oracle Approvals Management is used to configure Purchase Order approval workflows.
D. It is possible to have different approval routing processes for Purchase Requisitions and Internal
Requisitions.
E. When a requisition is approved, the corresponding purchase order does not need to be approved.
Correct Answer: A,D
QUESTION 13
Which three statements are true about the item master? (Choose three.)
A. There is no functional or technical difference between the item master organization and other
organizations while transacting on an item.
B. When an attribute control is set at the item master level, updates are not allowed at the item or
organization level.
C. When an attribute control is set at the item master level, updates can still be made at the item or
organization level but these updates would not propagate back up to the item master level.
D. It is possible to associate items in one item master organization with another item master
organization.
E. It is possible to copy items across item master organizations.
F. The item master organization is the centralized repository for all items in different organizations.
Correct Answer: A,B,F
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QUESTION 14
Which table stores the categories assigned to a system item?
A.
B.
C.
D.
MTL_ITEM_CATEGORIES
FND_ITEM_CATEGORIES
MTL_CATEGORIES_TL
MTL_CATEGORIES_B
Correct Answer: A
QUESTION 15
You completed an inventory transaction and a work-in-process transaction. Then you checked the onhand quantity and found that both the inventory and work-in-process transactions were not
processed. Which manager is responsible for processing quantity-based transactions?
A.
B.
C.
D.
lot move transaction manager
move transaction manager
cost transaction manager
material transaction manager
Correct Answer: D
QUESTION 16
The client has decided that Quality and Discrete Manufacturing will be implemented at a future stage,
so new supply from current manufacturing will be added to current inventory on hand by the Open
Transactions Interface. The immediate requirement is to go-live with Inventory and Order
Management. Which three seeded transaction types can be omitted for material status control?
(Choose three.)
A.
B.
C.
D.
E.
F.
average cost update
all transaction types related to Project Manufacturing
all internal transactions
all transaction types related to Work in Process
miscellaneous issues and receipts
backflush subinventory transfer
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Correct Answer: B,D,F
QUESTION 17
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.
B.
C.
D.
E.
INV: Restrict Receipt of Serials: No
INV: Validate Returned Serial: Yes
INV: Restrict Receipt of Serials: Yes
INV: Validate Returned Serial: No
INV: Validate Returned Lot: Yes and INV: Validate Returned Serial: No
Correct Answer: A
QUESTION 18
What is the prerequisite for entering unscheduled entries in a cycle count?
A.
B.
C.
D.
E.
Run a manual schedule request to generate counts.
Set the Unscheduled Entries flag to Yes in the cycle count header.
Run the count generation program for unscheduled entries.
Run an automatic schedule request to generate counts.
Generate cycle count requests before entering counts.
Correct Answer: B
QUESTION 19
Vision Corporation is a semiconductor discrete manufacturing organization. It has its own
manufacturing and distribution centers located globally. It has these operating units: US - USA
operating unit CAN - Canadian operating unit UK - UK operating unit MX - Mexican operating unit IND India operating unit SPA -Spain operating unit FRA - France operating unit NL - Netherlands operating
Unit GER - Germany operating unit These are the inventory organizations that exist in each operating
unit: Inventory Org - Operating unit VC (Master Org) - US US1 (Child Org) - US US2 (Child Org) - US
CA1 (Child Org) - CAN MX1 (Child Org) - MX IN1 (Child Org) - IND SP1 (Child Org) - SPA FR1 (Child Org)
- FRA NL1 (Child Org) - NL GE1 (Child Org) - GER Which two statements are true? (Choose two.)
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A. All inventory organizations do not need to be in the same operating unit to assign items.
B. Items cannot be assigned to inventory organizations across operating units.
C. Items defined in VC organization can be assigned to US1,US2, NL1, and MX1 inventory
organizations.E.Items defined in VC organization can be assigned to US1,US2, NL1, and MX1
inventory organizations.
D. Master organization VC cannot be shared across operating units.
E. All inventory organizations do not need to be in the same operating unit to assign items.
F. You can define an item in IN1 inventory organization and assign it to GE1 inventory
organization.D.You can define an item in IN1 inventory organization and assign it to GE1 inventory
organization
Correct Answer: E,F
QUESTION 20
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?
A. Switch setups from Automatic to Manual, then enter the manual POs, and then switch setups back
to Automatic and automatically convert all legacy POs.
B. No setup changes are necessary as long as you ensure that the next automatic number is larger
than the largest legacy PO number.
C. Enter the manual POs, then change the PO numbering options to Manual (alphanumeric), convert
legacy POs, and then change the PO numbering options back to Automatic.
D. Leave the setups as is, but convert the legacy POs first, then the manual POs.
E. The system is set up for nonintelligent numbering; therefore, the legacy POs cannot be converted
with intelligent numbering.
Correct Answer: C
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