Question No. 1

Select the true statement about Material Status Control.

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

BThe profile option 'INV: Material Status Support' must be set to Yes at the site level to enforce Material Status Control.

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

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

Show Answer

Correct Answer: B

Question No. 2

Identify two features of a Value Set that has a validation type of "None." (Choose two.)

AIt has an approved list of values associated with It.

BThe entered value must meet the formatting requirements.

CThe Flexfield value security rules cannot be used for a segment that uses this Value Set.

DUsers can enter any value that they want even if It does not meet formatting requirements.

Show Answer

Correct Answer: B, C

Question No. 3

Which three features does the iSupplier Portal provide for maintaining suppliers? (Choose three.)

AShip Via

BAddresses

CBill-To Location

DUser registration

EShip-To Location

FBusiness classification

Show Answer

Correct Answer: B, D, F

Question No. 4

An item has its Lot Control attribute set to Full Control. The Active material status does not have any transaction types related to lot control enabled for material status control. This status is assigned to all lot numbers associated with the item. The subinventory where the item's lot numbers are all located also has the Active material status. How will the application respond when a user tries to submit a subinventory transfer transaction?

AThe transaction will be accepted.

BAn error message will be generated.

CThe transaction will be accepted, but will be registered as a transfer to and from the same subinventory.

DThe transaction will be accepted, but the item cost update will have to be processed separately by the user.

Show Answer

Correct Answer: A

Question No. 5

If the PO: Allow Buyer Override in AutoCreate Find profile option is set to No, what would happen if the buyer, Pat Stock, uses the AutoCreate form?

APat would be able to view requisitions assigned to other buyers and unassigned requisitions.

BPat would not be able to view requisitions assigned to other buyers or unassigned requisitions.

CPat would be able to view requisitions assigned to other buyers, but not view unassigned requisitions.

DPat would not be able to view requisitions assigned to other buyers, but would be able to view unassigned requisitions.

EPat would be able to view all requisitions in the AutoCreate form, but would be prevented from placing requisitions on a purchase order if they reference another buyer.

Show Answer

Correct Answer: B

Free Oracle 1Z0-520 Exam Actual Questions

The questions for 1Z0-520 were last updated On Nov 10, 2024