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Oracle EBS R12.1 Purchasing Essentials (1Z0-520) Free Practice Test

Question 1
Which four options are determined by a responsibility in Oracle E-Business Suite Release 12? (Choose four.)

Correct Answer: B,C,D,E
Question 2
Which three statements are true about ABC analysis? (Choose three.)

Correct Answer: A,D,E
Question 3
Identify the two benefits of using Multi-Org Access Control. (Choose two.)

Correct Answer: B,C
Question 4
Which three statements regarding inventory forecasting are true? (Choose three.)

Correct Answer: A,B,E
Question 5
You are the Human Resources load for the ERP implementation of ABC Corporation. You have defined the employees In Oracle Human Resources. Select three activities that utilize the employee record. (Choose three.)

Correct Answer: A,B,D
Question 6
Your customer wants to convert both RFQs and Quotations to have tracking for Small Business Audit trail.
The volume for Quotations is very high and only Approved RFQs and Quotations are being converted. What would you recommend as the best conversion strategy for RFQs and Quotations?

Correct Answer: D
Question 7
Which two statements apply to a Physical Inventory Tag as defined by Inventory? (Choose two.)

Correct Answer: D,E
Question 8
Which four are true about the Future Periods field in the Financials Options window? (Choose four.)

Correct Answer: A,D,F,G
Question 9
You import requisitions from another system. These requisitions are imported as approved requisitions and contain references to items in the item master and blanket purchase agreements.
What is the easiest way to automatically create orders from these requisitions?

Correct Answer: A
Question 10
Your ordering process starts with a requisition. Into which two documents must the purchase requisition document be transformed within Oracle Applications? (Choose two.)

Correct Answer: B,C