1z0-519 practice questions, page 3 of 4, with answer review and explanations.
Question 11
Beyond the shelf life days, active lots become expired lots. Expired lots______.
Can be reserved
Are not allowed to do subinventory transfer
Are not included in Inventory valuation reports
Cannot be transacted and included in on-hand quantities
Are not included in cycle and physical counting adjustments
Are not considered as on-hand supply for min-max and re-order point planning
Question 12
ABC Company uses serial numbers for the following transactions: 1.Purchase order receipt 2. Miscellaneous receipt 3. Account alias receipt The company wants to reuse the same serial numbers for work order completion transactions. Which setup would allow it to reuse the same serial numbers?
INV: Validate Returned Serial: No
INV: Validate Returned Serial: Yes
INV: Restrict Receipt of Serials: No
INV: Restrict Receipt of Serials: Yes
INV: Validate Returned Lot: Yes and INV: Validate Returned Serial: No
INV: Restrict Receipt of Serials: Yes and INV: Validate Returned Serial: No
INV: Restrict Receipt of Serials: Yes and INV: Validate Returned Serial: Yes
Question 13
What is the correct sequence when defining units of measure (UOM)?
UOM Class, UOM, UOM Conversions
UOM Class, UOM Conversions, UOM
UOM Conversions, UOM Class, UOM
UOM Conversions, UOM, UOM Class
UOM, UOM Class, UOM Conversions
Question 14
Which three statements are true about the item master? (Choose three.)
It is possible to copy items across item master organizations.
The item master organization is the centralized repository for ail items in different organizations.
It is possible to associate items in one item master organization with another item master organization.
When an attribute control is set at the item master level, updates are not allowed at the item or organization level.
There is no functional or technical difference between the item master organization and other organizations while transacting on an item.
When an attribute control is set at the item master level, updates can still be made at the item or organization level but these updates would not propagate back up to the item master level.
Question 15
Select three true statements about inventory reservations. (Choose three.)
A reservation is a link between a supply source and a demand source.
For on-hand Inventory supply, there is only one type of reservation called high-level reservation.
For on-hand inventory supply, there is only one type of reservation called low-level reservation.
Reservations can be created only by Oracle applications or via forms. They cannot be imported from third-party applications.
A reservation creates a permanent data link between a supply source and a demand source, and represents a guaranteed allotment of material to a specified demand source.
Item reservations prevent the allocation of material you previously set aside for a sales order, account, account alias, inventory allotment, user-defined source, process batch components or, Oracle Complex Maintenance and Repair Overhaul work order components.
Item reservations allow the allocation of material you previously set aside for a sales order, account, account alias, inventory allotment, user-defined source, process batch components or, Oracle Complex Maintenance and Repair Overhaul work order components as long as the quantity is not negative.