1Z0-521 Online Practice Questions and Answers

A key business user requirement to those users should be able to create sales order with distributor keys trokes.

Which four setup options facilitate reduced data entry? (Choose four)

A. Defaulting rules

B. Transaction types

C. OM: invoice source

D. Processing constraints

E. Automatic attachments rules

F. OM: invoice transaction type

G. OM: enable Related items and manual substitutions

Some customers of Sterlite Inc have special order processing requirements. A bill to location on a ship to

location of these customers may also need to have its own speed order type.

However a general user in various departments needs to always centre orders for a particular type.

1) Domestic personal need to enter to order type domestic

2) Export department personnel need to enter orders of orders of order type international.

A new customer profile is created to the default order type for different responsibilities or users the special

order types can be defined in customer, ship to, or bill to record as required.

A user has created a new sales order where would the order type default from?

A. Related record ship-to: Order type

B. Related record invoice to: order type

C. Related record customer: order type

D. Application profile XXOM : xxxxxxx (Customer profile option for different responsibilities an users)

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 (0.1 times the handling cost)

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

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

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

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 type code with an order level modifier line.

Select these items attribute groups. (Choose three)

A. General planning

B. Order management

C. Periodic manufacturing

D. Process manufacturing

E. Discrete manufacturing

F. Repetitive manufacturing

Setting the inventory parameter Auto create Lot UOM conversion to "Yes" _______.

A. Create lot specific UOM conversions for item under UOM control across the inventory organization.

B. Create lot specific UOM conversions for item under UOM control across the lot controlled sub inventories.

C. Create lot specific UOM conversions for item under UOM control across lot controlled inventory locators

D. Create lot specific UOM conversions for item under UOM control across the item master inventory organization

When setting up order transaction types, which is the first setup step required?

A. Create the order transaction type

B. Create a document sequence for orders

C. Create the line transaction type for order lines.

D. Create the line transactions type for return lines.

E. Assign line flows to the order transaction type

F. Assign the order transaction type to the document sequence.

During the cutover phase of a project to implement Oracle E-Business suit Release 12, you are responsible for converting historical account balances into Oracle general ledger from a legacy system. There is no account code combination setup in the production instance.

Identify the setup in accounting key Flexfield structure that is required to perform conversion.

A. Define value sets and assign them to segments.

B. Define segments in the accounting Flexfield structure.

C. Qualify one of segments as a balancing segment.

D. The key Flexfield segments have to be enabled and displayed.

E. Select the "Allow Dynamic inserts" check box in accounting key Flexfield Structure

Company X has three operating units: A, B, and C, each operating unit has a MO: Security Access profile option and MO: default operating unit profile option assigned to it.

Which statement is true?

A. Paul can create transactions for the A, B, and C operating units

B. All transactions created by Paul are automatically assigned to operating unit A.

C. Paul can report on data across A, B, and C operating units, but enter transactions only against A.

D. The profile option did not include operating unit B and operating unit C due to any error by the system administrator.

E. They payables responsibility is linked to operating unit A by the MO: operating unit profile option and can create transactions for the operating unit alone.

ABC Corporation has a business requirement to schedule an order without any inventory reservation for standard items. Which setup options or activities could be used to prevent inventory reservation? (Choose all that apply.)

A. Profile option OM: Autoschedule

B. Profile option BOM: Automatic Reservation

C. Profile option OM: Reservation Time Fence

D. Enter the order line with a Schedule Ship data outside the Reservation Time Fence

Opus Trading Inc. sells commodities. The sales price of corn is the daily closing price of corn listed in the commodities exchange. This price is maintained in the price list, which is updated daily at the end of the day after the close of the futures market in the commodities exchange.

This price from the price list is what Opus charges the customer for all shipments for the next working day. Given this business scenario, what is the best solution to charge the correct price to the customer?

A. Use Workflow with re-price at the time of shipment.

B. Use the Action menu to re-price the line just after shipment.

C. Use the Action menu to re-price the line just before shipment.

D. Use the price date on the order line; monitor the order line shipment date, and just before shipment, manually update the price date to make it same as the actual shipment date.

Which three are results of the Ship Confirm process? (Choose three.)

A. The sales order is closed.

B. The inventory is decremented.

C. The sale order line is updated.

D. Transfer a High Level reservation to an Allocated reservation.

E. The material is transferred from the staging inventory.

Most orders for ACME Corporation are entered as quotes in Order Management. These quotes will then become sales orders after they get approved.

What are the three necessary setups that will support this business requirement. (Choose three.)

A. Start the Inventory Manager

B. Use the Quick Order Entry form.

C. Set the Default Transaction Phase to Fulfilment.

D. Associate a fulfilment flow with the order transaction type.

E. Associate a negotiation flow with the order transaction type.

F. Customize the fulfilment flow so that all approval notifications are sent to the customer service manager.

AAA Bike Company would like to be able to apply shipping and special handling charges to the customers invoice. The order entry staff does not know this information at the time the order is processed.

What would be the best way to accomplish this requirement?

A. Make use of the freight/special charges modifier list type.

B. Make use of the order management defaulting rules to automatically apply the freight and handling charge at the time of order line entry.

C. Create a qualifier for freight charges that directs the charge to the accounts receivables workbench for the freight and handling charge to be applied.

D. Set up a related item for the freight and handling charge that will prompt for the amount at the time of the ship confirm process.

ACME uses deliveries to consolidate shipments going to the same customer and have been informed that Business World has several orders with ACME for its Ship To location of SANJOS.

All the lines are to be assigned to the same delivery.

Which three strategies would meet this requirement? (Choose three.)

A. Run Pick Release by customer.

B. Run the Process Deliveries SRS program.

C. Assign the same Ship Method to all Order Lines.

D. Run the Consolidate Order Lines concurrent program.

E. When running Pick Release, ensure that the Delivery criteria Autopack is set to No.

F. Query in the Shipping Transaction menu for all orders for Business World, and assign them to the same delivery.

G. Run Pick Release not specifying the customer, and set Autocreate Delivery to No; then assign the lines to a Delivery later.

The Sales credit information on the sales order is used to _______.

A. calculate and store commission amounts on the Order

B. calculate and pay commission by CRM incentive compensation

C. calculate and pay commission through Order Management and Accounts receivable

D. calculate commission amounts through Order Management and pass to Accounts Payable