1Z0-521 Online Practice Questions and Answers

The item sub inventory report output contains _______. (Choose three)

A. EOQ

B. Source type

C. Locator control

D. Focus forecast

E. Fixed Lot multiple

F. Min-max information

Select three ways to deactivate credit checking on an order. (Choose three)

A. Disable the credit checking defaulting rule.

B. Disable the credit checking flag at the operating-unit level

C. Disable the Credit Card Security Code system parameter

D. Use an order type that does not have an assigned credit rule

E. Use payment terms for which the Credit check box is not selected

F. Define the customer profile so that the Credit check box is not selected

Select the three permissions for setting basic pricing profile options. (Choose three)

A. View

B. Delete

C. Administer

D. Read only

E. No access

F. View and update

Which three activities are the parts of shipping process in order to cash cycle? (Choose three)

A. Scheduling the order line

B. Splitting sales order lines

C. Assigning deliver to trips

D. Decrementing inventory after ship has happened

E. Moving materials from factory to the stocking warehouses

F. Create move orders to transfer the items to the shipping Subinventory

What are the three elements involved in submitting concurrent request? (Choose three)

A. Selecting operating unit

B. Selecting report language

C. Providing completion option

D. Defining a submission schedule

E. Selecting the request or request set to be submitted

Which two statements are true regarding ownership of shared entities? (Choose two)

A. Item is owned by Oracle purchasing, whereas Location is owned by Oracle Receivables.

B. Supplier is owned by Oracle purchasing, whereas units of measured is owned by Oracle Inventory.

C. Ledger is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources

D. Customer is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources

E. Sales force is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources

You receive request to create a new responsibility for US payable manager. The request states that the new responsibility should have access to all menu items except invoice payments.

Identify two options that you would use to restrict the invoice payments option on new US payables manager responsibility. (Choose two)

A. Remove the request group from the new US payable manager responsibility.

B. Create a menu Exclusion for invoice payments on US payable manager responsibility.

C. Create Item exclusion for invoice payments on US payable manager responsibility.

D. Create a security attribute for invoice payments on US payable manager responsibility.

E. Create a new menu excluding the invoice payments on US payable manager responsibility.

Exhibit

View the exhibit while entering a journal in Journal form, you enter a code combination of

29.402.4519.2103.240 in the five-segment Accounting Flexfield. However you are unable to proceed after entering this account combination.

What could be problem in the structure definition of accounting Flexfield?

A. The "Freeze Rollup Groups" check box is selected

B. The "Allow Dynamic Inserts" check box is deselected

C. The "Freeze Flexfield definition" check box is selected

D. The "Cross Validate Segment" check box is selected

Identify three features of Key Flexfields. (Choose three.)

A. Key Flexfields are used as identifiers for entities.

B. The Key Flexfield structure comprises Segments.

C. A Key Flexfield structure consists of multiple code combinations.

D. Key Flexfields appear as a single-space field enclosed in brackets.

E. Each segment of a Key Flexfield usually contains meaningful information.

Identify three correct statements regarding prebilling acceptance? (Choose three.)

A. Pending prebilling is not the correct line status for shipped goods.

B. Invoicing should be used as a removal event for prebilling acceptance.

C. Customer acceptance should be used as a removal event for prebilling acceptance.

D. Implicit acceptance and explicit acceptance are both possible for prebilling acceptance.

E. Revenue recognition happens when acceptance is completed for prebilling acceptance.

F. Invoice generation and revenue recognition happen simultaneously during prebilling acceptance.