1Z0-520 Exam Questions & Answers

Exam Code: 1Z0-520

Exam Name: Oracle E-Business Suite R12.1 Purchasing Essentials

Updated: Mar 22, 2024

Q&As: 285

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Practice These Free Questions and Answers to Pass the On-Premise Applications Exam

Questions 1

Which three statements are true about modifying Flexfield values? (Choose three.)

A. The values cannot be disabled.

B. The value description can be changed.

C. The effective dates for a value can be limited.

D. The values can be deleted after they are defined.

E. The values cannot be modified after they are defined.

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Questions 2

Which two reports detail pending inventory adjustments for a count? (Choose two.)

A. Cycle Count Listing

B. Physical Inventory Tag Listing

C. Physical Inventory Counts Report

D. Physical Inventory Adjustments Report

E. Cycle Counts Pending Approval Report

F. Cycle Count Entries and Adjustments Report

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Questions 3

Each UOM class must have a base unit specified. Which represents a base unit for the UOM Class Quantity?

A. One

B. Each

C. Case

D. Gross

E. Dozen

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Questions 4

Select the true statement about Material Status Control.

A. The profile option "INV: Default Item Status" must be set to Active at the site level to enforce Material Status Control.

B. The profile option "INV: Material Status Support" must be set to Yes at the site level to enforce Material Status Control.

C. The profile option "INV: Transaction Reasons Security" must be set to Yes at the site level to enforce Material Status Control.

D. The profile option "INV: Allow Expense to Asset Transfer" must be set to Yes at the application level to enforce Material Status Control.

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Questions 5

Which three statements regarding inventory forecasting are true? (Choose three.)

A. Focus forecasting can only be generated from historical data.

B. Focus forecasting is typically used to produce single period forecasts.

C. Statistical forecasting can be generated from either historical data or master schedule entries.

D. Statistical forecasting enables you to apply exponentially weighted trend and seasonality factors to predict demand.

E. Statistical forecasting enables you to simulate various methods of calculating demand so that you can select the best forecasting model.

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