1z0-520

1z0-520 practice questions, page 7 of 10, with answer review and explanations.

Question 31

Your client has the following requirements for electronic delivery of purchasing documents to indirect spend vendors: 1. No third-party software should be needed; the built-in Oracle functionality should be used. 2. No special supplier set up should be required; the supplier should need minimal resources to participate. 3. No requirement for audit trail or confirmation. The best method within standard functionality is _____.

  1. EDI
  2. XML
  3. Email
  4. Facsimile
  5. Direct interface

Question 32

A Blanket Purchase Agreement Is created with the following cumulative price break: Quantity > 0: Unit Price = $5 - Quantity > 20: Unit Price = $4 - Single line, single distribution releases are created as follows: Release# 1 with quantity 15 - Release# 2 with quantity 10 - What are the unit price values on the releases?

  1. Release1 $5, Release2 $5
  2. Release1 $4, Release2 $4
  3. Release1 $5, Release2 $4
  4. It depends on the price tolerance for the line.
  5. Release1 $5, Release2 $4 for a quantity of 5 and $5 for a quantity of 5

Question 33

You match an unordered receipt to_____.

  1. a purchase order shipment from any organization
  2. a Return Material Authorization (RMA. from any organization
  3. a purchase order shipment from the same organization for any supplier
  4. a purchase release shipment from the same organization for the same supplier
  5. a finally closed purchase order shipment from the same organization for the same supplier

Question 34

Which four sources of information default records Into the Supplier Header? (Choose four.)

  1. Invoice Options
  2. System Options
  3. Financial Options
  4. Payables Options
  5. Receiving Options
  6. Purchasing Options
  7. Approved supplier list

Question 35

While implementing Oracle Payables, Oracle Purchasing, and Oracle General Ledger at GLO Ltd., you are informed by the accountant that the AP Clearing Account balance Is Increasing daily. To solve this issue, what would you check in the accounting process?

  1. whether journals are posted regularly
  2. whether suppliers are sequentially numbered
  3. whether the month-end accrual process is run
  4. whether invoices are matched to purchase orders and receipts
  5. whether Oracle Payables transactions are reconciled with Oracle General Ledger