Free Oracle 1Z0-520 Exam Questions

Become Oracle Certified with updated 1Z0-520 exam questions and correct answers

Page: 1 / 49

Total 245 Questions | Updated On: Jan 07, 2025

Add To Cart

Question 1

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 (Average Cost Variance), calculated when the next Cost Manager program is executed

B : 1 x (Current Average Unit Cost)

C : transaction will not be costed until the next Cost Manager program is executed.

D : 1 x (User-entered Unit Cost)

Answer: B,D

Question 2

ABC is a laptop manufacturing company. On an average, the company completes 10 discrete jobs daily. ABC has the following requirements: 1. When the customer returns the laptop, ABC should be in a position to identify the laptop's manufacture date and batch number. 2. Each laptop should be identified with a unique number and this should be tagged with the batch number. 3. When a customer returns a laptop, ABC decides whether it can replace it with a new laptop or repair it, by considering the age of the laptop. ABC needs to identify the aging period of the laptop. Which setup would meet the above requirements?

A : able lot control at the organization item level. Set up uniqueness within inventory items in the organization parameters.

B : ing the discrete job form, the manufactured date and batch number can be identified.

C : able lot and serial control at the organization item level. Enter the shelf life days in the item.

D : able parent lot and child lots at the organization item level. Enter the shelf life days in the item.

E : able parent lot and grade control at the organization item level. Enter the shelf life days in the item.

Answer: C

Question 3

Which two activities should be completed before Purchasing is closed for a period? (Choose two.)

A : prove all purchasing requisitions for the current period.

B : y all invoices for the current period including those that have not been received

C : mplete all inventory and expense receipts for the current period.

D : en the new purchasing period.

E : olve all unordered receipts.

F : mplete and approve all the purchase orders for the current period.

Answer: A,C

Question 4

Consider the following setups: 1) Purchasing System nforce Full Lot Quantity * Mandatory 2) Rounding Factor at the item level = 75% 3) Unit of Issue at the item level = Dozen Select two statements that are true. (Choose two.)

A : the user enters 11 each on a purchase requisition, the quantity will be rounded to 12 each,

B : the user enters 6 each on an internal requisition, the quantity will be rounded to 0,

C : the user enters 11 each on an internal requisition, the quantity will be rounded to 12 each,

D : the user enters 6 each on a purchase requisition, the quantity will be rounded to 0,

E : advisory message suggesting rounding and a suggested rounding quantity are displayed, but you can override this.

Answer: B,C

Question 5

You created an internal requisition to move material between two organizations. The destination is locator controlled. The shipping network between these two locations has been defined as Direct. The shipment transaction fails. What could be the reason for the failure?

A : ternal requisitions cannot be used for Direct shipping networks.

B : u did not indicate the locator of the destination on the requisition.

C : cator default has not been set up in the transaction default.

D : cator-controlled destinations cannot be used for Direct shipping networks.

Answer: C

Page: 1 / 49

Total 245 Questions | Updated On: Jan 07, 2025

Add To Cart