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Oracle 1Z0-520 Exam Dumps

Vendor: Oracle
Exam Code: 1Z0-520
Exam Name: Oracle E-Business Suite R12.1 Purchasing Essentials
Certification: On-Premise Applications
Total Questions: 285 Q&A
Updated on: Dec 11, 2024
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1Z0-520 Online Practice Questions and Answers

Questions 1

Select three statements that are true regarding the clearing account. (Choose three.)

A. An asset clearing account can also be used as a project clearing account.

B. You can have a maximum of one asset clearing account per asset category.

C. For each payables document you create, you can have a separate cash clearing account.

D. You can use Cash in Transit report in cash management only if cash clearing account and cash account are separate.

E. You use a separate cash clearing account and cash account to have visibility of the Cash in Transit on the balance sheet.

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Questions 2

Shared entities are used throughout Oracle E-Business Suite Release 12. Identify the four entities that are shared. (Choose four.)

A. Ledger

B. Sales Force

C. Unit of Measure

D. Invoice Sources

E. Oracle Application Object Library (AOL)

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Questions 3

Which three statements are true about ABC Analysis and cycle count Classes? (Choose three.)

A. The hit/miss% for the Class overrides the hit/miss% of the cycle count header.

B. The hit/miss% for the cycle count header overrides the hit/miss% of the Class.

C. An ABC Analysis can be compiled for a subinventory that is defined as a non-quantity-tracked subinventory.

D. An ABC Analysis can be compiled for nonasset (expense) subinventories for which quantities are tracked.

E. In ABC Analysis, a quantity variance must always be submitted for approval, regardless of the tolerance levels.

F. Positive and negative tolerances can be entered for each class, which will override the tolerance at the cycle count header level.

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