Ensurepass.com : Ensure you pass the IT Exams
2018 Jan Oracle Official New Released 1z0-520
100% Free Download! 100% Pass Guaranteed!
http://www.EnsurePass.com/1z0-520.html

Oracle EBS R12.1 Purchasing Essentials

Question No: 121 – (Topic 2)

RFQs and Quotations have setups in the following areas: Purchasing Control Options, Lookup Codes, and Profile Options. Select the two options that contain correct setups, for both the Purchasing Control Options and the Profile Options. (Choose two.)

  1. Purchasing Control Options: Quotation Numbering, Line Type, and Quotation Required

  2. Profile Options: PO: Write Server Output to File, and PO: Warning Delay Days Number

  3. Purchasing Control Options: RFQ Numbering, Quote Warning Delay, and RFQ Required

  4. Profile Options: PO: Display AutoCreated Quotation, and PO: Warning Delay Days Number

  5. Purchasing Control Options: RFQ Quotation Numbering, Quote Warning Delay, and Quotation Required

  6. Profile Options: PO: Price Tolerance (%) for Catalog Updates, and PO: Warn if RFQ Required before AutoCreate

Answer: C,F

Question No: 122 – (Topic 2)

Select two conditions which will permit the transfer of lot-controlled items between inventory organizations. (Choose two.)

  1. Item is lot-controlled at the subinventory level.

  2. Item is lot-controlled in either the shipping or receiving organizations.

  3. Item is lot-controlled in both the shipping and receiving organizations.

  4. Item is lot-controlled in the receiving organization, but not the shipping organization.

  5. Item is lot-controlled in the shipping organization, but not the receiving organization.

Answer: C,E

Question No: 123 – (Topic 2)

During the RFQ lifecycle, the RFQ is assigned certain statuses. Identify the RFQ lifecycle and its correct sequence.

  1. In Process, Active, Printed, Closed

  2. Active, Printed, Accepted, Complete

  3. Active, In Process, Received, Complete

  4. In Process, Received, Accepted, Closed

  5. Requested, Printed, In Process, Received

Answer: A

Question No: 124 – (Topic 2)

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?

  1. Leave the setups as is, but convert the legacy POs first, then the manual POs.

  2. The system is set up for nonintelligent numbering; therefore, the legacy POs cannot be converted with intelligent numbering.

  3. No setup changes are necessary as long as you ensure that the next automatic number is larger than the largest legacy PO number.

  4. Switch setups from Automatic to Manual, then enter the manual POs, and then switch setups back to Automatic and automatically convert all legacy POs.

  5. 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.

Answer: E

Question No: 125 – (Topic 2)

For which three reasons do you create a return in the Purchasing module? (Choose three.)

  1. to return internal shipments

  2. to return items back to a customer

  3. to return delivered items to receiving

  4. to return externally sourced items to the supplier

  5. to return Return Material Authorization (RMAs) to the customer after material has been delivered to the inventory

Answer: B,C,D

Question No: 126 – (Topic 2)

For the profile option TP: INV Cycle Count Entries form to Background processing, what are the system requirements for it to be effective? (Choose two.)

  1. The Receiving Transaction manager must be active.

  2. The Cost Manager interface manager must be active.

  3. The Move Transaction interface manager must be active.

  4. The Material Transaction interface manager must be active.

  5. The Lot Move Transaction interface manager must be active.

Answer: B,D

Question No: 127 – (Topic 2)

Identify three valid processes or steps in implementing approved supplier lists and sourcing rules. (Choose three.)

  1. Review the timeliness of supplier deliveries.

  2. Map business requirements for reports using standard Oracle reports.

  3. Define the item attribute quot;Use Approved Supplierquot; for relevant items in the item master.

  4. Establish sourcing rules while converting source documents from legacy systems into Oracle.

  5. Match the supplier site information for every item on an approved supplier list to the supplier header information on a sourcing rule.

Answer: A,C,D

Question No: 128 – (Topic 2)

Which two statements are true regarding lot-based unit of measure (UOM) conversions? (Choose two.)

  1. You cannot update existing on-hand balances for lot-based UOM conversions.

  2. You can create lot-specific UOM conversions for on-hand lots or lots with a zero balance.

  3. You cannot create lot-specific UOM conversions for on-hand lots or lots with a zero balance.

  4. During a PO receipt, the lot-based conversion cannot be updated if the lot does not match existing conversion rates.

  5. Updating the on-hand balance on a lot-based UOM conversion requires a cycle count transaction with the lot number provided in the count record.

Answer: B,D

Question No: 129 – (Topic 2)

How can you create reservations for the material based on scheduled demand for a Complex Maintenance Repair and Overhaul (CMRO) work order when the material does not exist in the on-hand inventory?

  1. CMRO work orders are not eligible for reservations.

  2. CMRO requires inventory on hand to support reservation.

  3. CMRO creates reservation against a purchase order or any other supply source.

  4. CMRO creates a WIP job to make the material before you can create the reservation.

Answer: C

Question No: 130 – (Topic 2)

Identify two statements that are true regarding the defining of your purchasing document approval and routing process. (Choose two.)

  1. Pre-Approved documents do not need to be approved by the next approver.

  2. Oracle Approvals Management is used to configure Purchase Order approval workflows.

  3. When a requisition is approved, the corresponding purchase order does not need to be approved.

  4. It is possible to have different approval routing processes for Purchase Requisitions and Internal Requisitions.

  5. A planned purchase order and its corresponding planned (scheduled) release can have separate approval limits.

Answer: D,E

100% Ensurepass Free Download!
Download Free Demo:1z0-520 Demo PDF
100% Ensurepass Free Guaranteed!
Download 2018 EnsurePass 1z0-520 Full Exam PDF and VCE

EnsurePass ExamCollection Testking
Lowest Price Guarantee Yes No No
Up-to-Dated Yes No No
Real Questions Yes No No
Explanation Yes No No
PDF VCE Yes No No
Free VCE Simulator Yes No No
Instant Download Yes No No