Free 1z0-520 – Oracle EBS R12.1 Purchasing Essentials Practice Test Question

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  Data Cleanup is not important.

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  RFQ and Quotation Usage is important.

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  Data Mapping for RFQs Open Interface is important.

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  RFQ and Quotation Conversion strategy is important.

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  Data Cleanup of legacy RFQs and Quotes is important.

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  Data Mapping from the legacy RFQs and Quotes is important.

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  Quotation Usage and RFQ Usage does not matter because RFQs cannot be converted.

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  The method by which RFQs are delivered to potential suppliers (Printed Forms) is important. I. Training on RFQ and Quotations is not necessary because the quotations are automatically created into Requisitions.

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  You should just create new RFQs in the new system so that the linkage between RFQs and Requisitions can be maintained.
  
  

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  releases from blanket purchase agreements

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  standard purchase orders from bid quotations

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  standard purchase orders from catalog quotations

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  standard purchase orders from standard quotations

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  standard purchase orders from planned purchase agreements

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  standard purchase orders from contract purchase agreements
  
  

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  can be of table format only

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  can be configured for each dashboard

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  organizes data into reporting hierarchies

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  is a strategic business factor that is used for reporting

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  contains a unique set of graphical information on a dashboard
  
  

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  Inventory Management

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  Warehouse Management

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  Procurement Management

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  Commodity Supplier Management

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  Customer Fulfillment Management
  
  

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  Grant your Worklist Access for all Workflow Item Types to your assistant

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  Grant your Worklist Access for selected Workflow Item Types to your assistant.

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  Create a Vacation Rule to automatically close all notifications from a specific FYI notification.

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  Create a Vacation Rule to automatically close all FYI notifications for all Workflow Item Types.

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  Create a Vacation Rule to reassign ail notifications for all Workflow Item Types to your assistant using the "Action my notifications" option.
  

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  Create a Vacation rule to reassign all notifications for all Workflow Item Types to your assistant using the "Delegate your response" option.
  
  

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  You can correct receiving transaction errors.

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  You can record returns to suppliers and customers.

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  You can record receipt of unordered items, research receipt, and match the delivery to a purchase order.

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  You can use express receipt to distribute a given quantity of an item from a single supplier across multiple shipments and distributions.

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  You can define receiving tolerances and rules at the organization, supplier, item and order level, with the highest level overriding the next levels (highest level being the organization).
  
  

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  An alert can contain only one Action Set.

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  An alert can contain any number of Action Sets.

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  When multiple actions are defined they must be included in an Action Set.

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  Oracle Alert waits for user response before executing next action in an Action Set.

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  When multiple actions are defined, they do not need to be included in an Action Set.

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  Oracle Alert does not wait for user response before executing next action in an Action Set.
  
  

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  RMA receipt

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  Inter-Org Transfer

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  Account Alias receipt

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  Purchase Order receipt

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  Receipt by Shipment Number
  
  

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  Set up lot control at the organization level and use a prefix.

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  Set up lot control at the item level and use a prefix for the lot number.

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  Create one locator for each product and produce the item to that locator.

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  Create part numbers for each customer to know which part number is ordered.
  
  

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  Define value Sets and assign them to Segments.

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  Define Segments in the Accounting Flexfield structure.

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  Qualify one of the Segments as the Balancing Segment.

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  The Key Flexfield Segments have to be enabled and displayed.

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  Select the “Allow Dynamic Inserts” check box in the Accounting Key Flexfield structure.
  
  

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  Using the AutoCreate form.

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  Running the Create Releases program.

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  Running the Workflow Background Processor.

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  Running the Purchasing Documents Open Interface.
  
  

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  Invoice

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  Receipt

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  Quotation

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  Requisition

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  Purchase Order

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  Request For Quotation
  
  

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  1, 2, 3, 4

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  1 4, 3, 2

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  1, 3, 4, 2

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  4, 3, 1, 2
  
  

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  The receipt is for a drop-shipped item.

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  The receipt is for a Return Material Authorization (RMA).

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  You specified Receipt Routing as Direct Delivery for this supplier.

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  You disabled Allow Cascade Transactions in the Purchase Order Shipments window.

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  You specified a purchase order number instead of a supplier and an item in the Find Expected Receipts window.
  
  

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  Item A = Direct Delivery; Item B = Standard Receipt

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  Item A = Standard Receipt; Item B = Direct Delivery

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  Item A = Inspection Required; Item B = Direct Delivery

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  Item A = Inspection Required; Item B = Standard Receipt

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  Item A = Standard Receipt; Item B = Inspection Required