1Z0-521 Online Practice Questions and Answers

Identify three correct statements regarding the Credit Card Encryption feature. (Choose three)

A. Credit Card Type is displayed as Card Brand.

B. The entire card information is stored at the order-line level.

C. Oracle Payments is the single repository for multiple payment mode information access applications modules.

D. Oracle payment is the single repository for multiple payment mode information access set up options.

E. The main idea behind the credit card security code and credit encryption is the make the credit card and bank account information more centralized across the application and hence more secure.

Customer acceptance is applicable for which four order types or models. (Choose four) A. Kits

B. Returns

C. Internal orders

D. Retro bill orders

E. ATO/PTO models

F. Standard orders with service items

G. Standard orders with standard items

Identify three correct statements regarding customer acceptance setups. (Choose three.)

A. Customer acceptance can be enabled at the inventory organization level

B. For enabling customer acceptance, no setup is required on OM

C. Customer acceptance can be enabled at the OM operating-unit level

D. Define assignments rules for deferral reasons at the customer, site, or item level.

E. The first step to enable customer acceptance is to set the OM system parameter: Enable Fulfillment Acceptance.

F. The second step of the customer acceptance setup is to define customer acceptance deferral reasons in the AR revenue management setup.

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.

The technical architecture in Oracle E-Business suit release 12 supports the business needs of the application. Select three technical features included in the technical architecture in Oracle E-Business Suite release 12. (Choose three)

A. Global

B. Mobile interface

C. Rapid implementation

D. Business intelligence

E. End-to-end integration

F. Self-service (HTML/JSps)

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 there organization assignments

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

D. Enter payable invoices for different operating units using a single responsibility.

E. View consolidated requisitions across operating units using a single responsibility.

Identify two features of Value Set that has a validation type of "None". (Choose two.)

A. It has an approved list of values associated with it.

B. The entered values must meet the formatting requirements

C. The Flexfield value security rules cannot be used for a segment that uses this Value Set.

D. Users can enter any value that they want even if it does not meet formatting requirements

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.

Which two statements are true regarding ownership of shared entities? (Choose two)

A. Item is owned by Oracle purchasing, whereas Location is owned by Oracle Receivables.

B. Supplier is owned by Oracle purchasing, whereas units of measured is owned by Oracle Inventory.

C. Ledger is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources

D. Customer is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources

E. Sales force is owned by Oracle purchasing, whereas location is owned by Oracle Human Resources

ABC Inc. added a new Operating Unit to its existing Multi-Org Access-enabled responsibilities. When users logged in using their existing responsibility, they could not see the new Operating Unit in the list of values.

What could be the cause?

A. Security List Maintenance was not run.

B. The Set MO: Operating Unit profile was not defined.

C. The Set Multi-Org Preferences profile was not defined.

D. The Set MO: Default Operating Unit profile was not defined.

E. The Set MO: Security profile was not defined for the responsibility.

Identify three correct statements about the Operating Unit in a Multi-Org model of Oracle E-Business Suite Release 12. (Choose three.)

A. It is the highest level in the Multi-Org structure.

B. It is an organization type that secures transaction data.

C. An Operating Unit can be assigned to multiple Legal Entities.

D. An Operating Unit can be associated with a single Legal Entity.

E. Multiple Operating Units can be assigned to a single responsibility.

A table has 15 Attribute columns to capture additional information. The attributes 1-12 are set up in the Descriptive Flexfield as Global Segments. How many attributes can be set up under any new context?

A. 1

B. 3

C. 15

D. 12

E. 11

Select the four correct statements. (Choose four.)

A. A receiving subinventory is required in Oracle.

B. A subinventory can span multiple organizations.

C. A subinventory cannot be used with Locator Control.

D. A subinventory can be a physical or a logical grouping.

E. A subinventory location is required for all inventory transactions.

F. A subinventory can be the primary place where items are stocked.

G. A subinventory location can never be deleted from the Oracle inventory.

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.

The internal orders fulfillment model enables you to request and transfer material from one inventory organization to another.

Which application and method are used to originate this process?

A. Demand Planning, Forecast

B. Purchasing, Internal Requisition

C. Inventory, Sub-inventory Transfer

D. Order Management, Internal Sales Order