1Z0-520 Online Practice Questions and Answers

Identify the two benefits of using Multi-Org Access Control. (Choose two.)

A. View asset information across multiple asset books

B. Restrict access to users based on their Organization assignment!

C. Submit and view data across different ledgers using a single responsibility.

D. Enter Payables Invoices for different Operating Units using a single responsibility.

E. View Consolidated requisitions across Operating Units using a single responsibility

Event Types in Subledger Accounting is a grouping of_________ .

A. Events

B. Accounts

C. Event Models

D. Event Entities

E. Event Classes

Review the organization structure regarding the inventory organizations (IO) and sales organizations (SO).

The company has defined shipping networks based on these policies:

Inventory Organizations within an Operating Unit (OU) can perform shipments to the Sales Organizations

only within the same OU.

An Inventory Organization can ship to any other Inventory Organization in the company.

The only exception to the rule is China, which can ship to any US organization.

Which sites can IO 3 ship to?

A. IO 2, IO 4, IO 5, SO 3

B. IO 1, IO 2, IO 3, IO 4, IO 5

C. IO 1, IO 2, IO 4, IO 5, SO 3

D. IO 2, IO 3, IO 4, IO 5, SO 3

E. IO 1, IO 2, IO 4, IO 5, SO 1, SO 2, SO 3

Which two statements are true regarding lot-based unit of measure (UOM) conversions? (Choose two.)

A. You cannot update existing on-hand balances for lot-based UOM conversions.

B. You can create lot-specific UOM conversions for on-hand lots or lots with a zero balance.

C. You cannot create lot-specific UOM conversions for on-hand lots or lots with a zero balance.

D. During a PO receipt, the lot-based conversion cannot be updated if the lot does not match existing conversion rates.

E. Updating the on-hand balance on a lot-based UOM conversion requires a cycle count transaction with the lot number provided in the count record.

A parts distributor has a facility that includes several buildings that are used as warehouses. All the warehouses together represent one subinventory in an inventory organization. Each building is multistoried, and each floor (story) has several rooms within each building that are unique to that building. All rooms are used to store material, and the distributor needs the ability to store material and pick material from these rooms. What is the optimum number of segments that you would recommend for the Stock Locator flexfield?

A. 1

B. 2

C. 3

D. 4

E. 5

Two Customer Service Representatives each book a sales order for an item that is revision and lot controlled. There are no other open, active sales orders for this item. Each Customer Service Representative pick releases their order to the same warehouse independently. The Pick Release Rule used by both includes Auto Allocation. On the resulting Move Orders, Inventory has allocated all the requested quantity for one of the sales orders, but only half the requested quantity on the second sales order was available to be allocated. Using the Transact Move Orders form, which action sequence can the warehouse person use to reduce the allocation on the first Move Order so that both customer orders can be equally satisfied?

A. 1. View/Update Allocations;

2. Change the allocated Revision and Quantity values, as appropriate.

B. 1. View/Update Allocations;

2.

Change the allocated Revision and Quantity values;

3.

Change the allocated Lot and Quantity values, as appropriate.

C. 1. View/Update Allocations;

2.

Change the allocated Lot and Quantity values, as appropriate;

3.

Select the appropriate Missing Quantity Action.

D. 1. View/Update Allocations;

2.

Change the allocated Revision and Quantity values, as appropriate;

3.

Change the Destination Subinventory.

A global manufacturing organization (GLO) has multiple sourcing rules and approved supplier lists (ASLs) that are set up correctly.

Three of the inventory organizations are ITA, NYC, and GER. NYC is a manufacturing organization and the other two are distribution warehouses. The three organizations source items from each other. Which two statements are valid? (Choose two.)

A. One global location is sufficient for the three organizations.

B. Three lines were set up on a sourcing rule and the sourcing rule was assigned to a single Assignment Set.

C. A sourcing rule is set up for a supplier but no ASL. When an item is entered on a requisition for this supplier, the supplier information would not be defaulted.

D. The price for item A is set in ITA at P1 and in GER at P2. When you raise an internal requisition for item A in destination org ITA and source org GER, the defaulted price is P2.

E. ITA has a sourcing rule to source a part from GER. You also assign a bill of distribution to ITA to source the same part from the manufacturing plant NYC. The default source would be GER.

ACME is using cycle counting and the quantity variance approval tolerances are specified at the cycle count header level, cycle count Class level, and cycle count item level. When tolerances are set up at all the levels, which tolerance is considered first by Inventory?

A. Unit cost level

B. Subinventory level

C. Cycle count item level

D. Cycle count class level

E. Cycle count header level

Your client has inventory organizations that belong to different operating units. All items are manufactured in one operating unit and shipped to distribution warehouses that belong to other operating units. On an exception basis, transfers may be arranged between distribution warehouses in different operating units. All transfers between operating units are at the shipping organization's standard cost plus a transfer charge percentage. Identify three inventory setup steps that are required for allowing the receiving inventory organization to correctly process receipts from inventory organizations belonging to another operating unit. (Choose three.)

A. Define an Intercompany Price List.

B. Define the correct Unit of Measure conversions for Dual UOM.

C. Define Intercompany Relations for each pair of operating units.

D. Define a separate Item Master Organization for each operating unit.

E. Define Receiving Options for each inventory organization in each operating unit.

F. Define Shipping Networks for each pair of shipping and receiving inventory organizations.

G. Ensure that the Receiving Options are uniform for all inventory organizations in each operating unit.

Production creates a move order requisition and specifies a subinventory as a source. This subinventory has insufficient quantity on-hand, but another subinventory has plenty available.

What would happen when allocating the move order?

A. Allocations would only be created in the subinventory where there is full available on-hand.

B. Nothing. Without sufficient quantity in the source subinventory, allocation would not be created.

C. Partial allocation for source subinventory is created. The remaining requested quantity is canceled.

D. Partial allocation for source subinventory is created. The balance of the requested quantity is not allocated.

E. Partial allocation for sourve subinventory is created. The remaining allocation would be created in the available subinventory.