1Z1-521 by Oracle Actual Free Exam Q&As

Question 1

A user has been assigned with five Operating Units in his or her security profile. The user transacts in three of those Operating Units, the remaining two are used occasionally.
The user can limit the list of values available to the three Operating Units by _______.

A. requesting the system administrator, to update the Operating Units in the security profile. B. setting the preferred Operating Units in user preferences. C. setting the values for the MO: Default Operating Units at the user level profile option. D. setting the values for the MO: Operating Unit at the user level profile option. E. requesting the system administratot to set up MO: Default Operating Unit for the responsibility.

Discussion 0

Correct Answer: B Vote an answer

Question 2

In a Multiple Organization Access Control-enabled environment you search for orders with the following criteria:
1) The Operating Unit Field is Null
2) A specific value is entered for the Transaction type field
Which statement best describes the above mentioned search criteria?

A. It will find orders across all the operating units, which are accessible under the responsibility used also across all the accessible operating units for which the specific transaction type has been set up. B. It will find orders across all the operating units. C. It will find orders across all operating units, which are accessible under the responsibility used by the application users. D. It will find orders across all the operating units for which the specific transactions types have been defined. E. The scenario is not a valid one considering the Release 12 functionality.

Discussion 0

Correct Answer: A Vote an answer

Question 3

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. Processing constraints B. Transaction types C. Defaulting rules D. OM: enable Related items and manual substitutions E. OM: invoice source F. OM: invoice transaction type G. Automatic attachments rules

Discussion 0

Correct Answer: B,C,D,G Vote an answer

Question 4

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. Associate a fulfilment flow with the order transaction type. B. Set the Default Transaction Phase to Fulfilment. C. Start the Inventory Manager D. Associate a negotiation flow with the order transaction type. E. Use the Quick Order Entry form. F. Customize the fulfilment flow so that all approval notifications are sent to the customer service manager.

Discussion 0

Correct Answer: A,B,D Vote an answer

Question 5

Which two parameters facilitate cross organization reports in a Multi-Org environment? (Choose two.)

A. Reporting Context B. Legal Entity C. Reporting Level D. Ledger E. Operating Unit

Discussion 0

Correct Answer: A,C Vote an answer

Question 6

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

A. Create a document sequence for orders B. Assign line flows to the order transaction type C. Create the line transaction type for order lines. D. Create the line transactions type for return lines. E. Create the order transaction type F. Assign the order transaction type to the document sequence.
Before you can setup the 'order' level transaction types, you must first setup the 'line' level transaction types.This is because when you setup the order level, you assign the line level flows.

Discussion 0

Correct Answer: C Vote an answer

Question 7

A Ledger is a financial reporting entity. What is new in Oracle E-Business Suite Release 12 that facilitates generation of accounting entries?

A. Accounting Convention B. Chart of Accounts C. Ledger D. Multi-Org Structure E. Financial Accounting Calendar

Discussion 0

Correct Answer: A Vote an answer

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. Procure to pay C. Order to cash D. Campaign to order E. Click to order F. Demand to Build

Discussion 0

Correct Answer: A,B,C Vote an answer

Oracle EBS R12.1 Order Management Essentials - 1Z1-521 Exam Practice Test