Oracle EBS R12.1 Order Management Essentials (1Z0-521) Free Practice Test

Question 1

Which two options would you use to restrict the functionality provided by responsibility? (Choose two)

A. Creating an appropriate group

B. Defining rules to exclude specific functions

C. Consulting a new menu hierarchy

D. Creating an appropriate role

Correct Answer: B,C

Question 2

Identify three correct statements about the Operating Unit in a Multi-Org model of Oracle E-Business Suite Release 12. (Choose three.)

A. It is an organization type that secures transaction data.

B. An Operating Unit can be associated with a single Legal Entity.

C. It is the highest level in the Multi-Org structure.

D. Multiple Operating Units can be assigned to a single responsibility.

E. An Operating Unit can be assigned to multiple Legal Entities.

Correct Answer: A,B,D

Question 3

Daily business intelligence pages provide summarized content for a particular functional are a. Name three feature that the page contains. (Choose three)

A. Key performance indicator (KPIs)

B. Reports

C. Parameters

D. Responsibilities

E. Regions

Correct Answer: A,C,E

Question 4

ABC Corp has set up the asset category key Flexfield. It has also set up a descriptive Flexfield to store vehicle information associated with the asset category "Vehicle".
Identify two correct statements. (Choose two)

A. The descriptive Flexfield attributes are associated with the tables in the Oracle asset module.

B. Only the Asset category key Flexfield is associated with the tables in the Oracle asset module.

C. The setting up of Descriptive Flexfield is mandatory.

D. The asset category flex field is owned by Oracle assets module

Correct Answer: A,D

Question 5

Which three statements are true about the intercompany drop ship process across different operating units? (Choose three)

A. Customer addresses are not visible across ledger.

B. The procurement organization generates an intercompany payable invoice.

C. Customer's addresses are visible across ledger.

D. The procurement organization creates an intercompany Receivables invoice for the goods

E. The shipping organization generates an intercompany payable invoice.

F. The shipping organization creates an intercompany Receivable invoice for the goods.

Correct Answer: C,D,E

Question 6

Identify two correct statements related to key performance indicators and KPI region in daily Business intelligence. (Choose two)

A. Organizes data into reporting hierarchies

B. Can be configured for each dashboard

C. Can be of table format only

D. Contains a unique set of graphical information on a dashboard

E. Is a strategic business factor that is used for reporting

Correct Answer: B,E

Question 7

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

A. The values cannot be disabled

B. The values description can be changed

C. The effective dates for a value can be limited

D. The values cannot be modified after they are defined

E. The values can be deleted after they are defined

Correct Answer: B,C,D

Question 8

ABC Corporation will be implementing Oracle E-Business Suit Release 12. Purchasing payables, Receivables, General Ledger, Assets, Projects, Order Management and cash management will be implemented. Select three business flows that would involve these products. (Choose three)

A. Project to profit

B. Order to cash

C. Procure to pay

D. Demand to Build

E. Campaign to order

F. Click to order

Correct Answer: A,B,C

Question 9

ACME's standard freight storage charge is a ten percent markup handling costs.
To ensure the correct calculation of freight charges, which formula qualifier context, and qualifier attribute will you use? (Choose two)

A. Create a formula to calculate the markup freight handling as (1.1 times the handling cost)

B. Use a qualifier context of terms and a qualifier attribute of freight terms with an order level modifier line.

C. Use a qualifier context of terms and a qualifier attribute of freight type code with an order level modifier line.

D. Create a formula to calculate the markup freight handling as (0.1 times the handling cost)

E. Use a qualifier context of terms and a qualifier attribute of freight type code with a line level modifier line.

F. Use a qualifier context of terms and a qualifier attribute of freight terms with a line level modifier line.

Correct Answer: A,E

Question 10

Select the activities where credit checking can be invoked by the system for noncredit card orders. (Choose four.)

A. Purchase Release (for drop shipment)

B. Shipping

C. Order Entry

D. Booking

E. Pick Release

F. Scheduling

G. Quoting

H. Reservation

Correct Answer: A,B,D,E

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Oracle EBS R12.1 Order Management Essentials (1Z0-521) Free Practice Test