Online Access Free 1Z0-520 Practice Test

A medium-sized multinational company based in US has two business groups (B6), BGI (for US) and B62 (for Europe), with position approval hierarchies HI and H2, respectively.
The company has a policy that only the Controllers and those above them can approve capital Items on requisitions and purchase orders. However, the Purchase Manager (who reports to the Controller) must also be able to authorize capital purchases.
The account range for capital items is: 2000-2599.
The relevant approval limits are:
1) Purchase Manager in both BGs: $100,000
2) Controller in BGI: $500,000
3) Controller in BG2: $200,000
Which two options represent a valid and efficient approval process? (Choose two.)

• A.An employee in B62 raises a requisition for $5000. This is verified by the employee's manager and forwarded to the group Controller in BGI who approves it.
• B.The buyer hi BGI raises a standard purchase order for $250,000 with the charge account 2106. The Purchase Manager verifies it and forwards it to the controller in BGI who approves it.
• C.A buyer in BG2 raises a purchase order for $10,000 with charge for inventory items to be stocked in an asset subinventory. The Purchase Manager in BG2 verifies and forwards it to the Controller in BG2.
• D.The shop floor supervisor in BGI raises a requisition for a new drilling machine for $250,000. The supervisor's manager (Production Manager) verifies the requisition and forwards it to the Controller in BGI for a final approval.
• E.An employee in BG2 raises a capital requisition for $250,000, which is verified by the employee's manager and then forwarded to the group Controller in BG2 who approves it.
• F.The Purchase Manager in BG2 raises a requisition for $5000 for computer equipment. The Controller in B62 approves it and instructs the buyer to ensure a 2-year warranty on this equipment. The buyer in BG2 places the order on the supplier.

During the RFQ lifecycle, the RFQ is assigned certain statuses. Identify the RFQ lifecycle and its correct sequence.

• A.In Process, Received, Accepted, Closed
• B.Active, In Process, Received, Complete
• C.Active, Printed, Accepted, Complete
• D.In Process, Active, Printed, Closed
• E.Requested, Printed, In Process, Received

A global manufacturing organization (GLO) has multiple sourcing rules and approved supplier lists (ASLs) that are set up correctly.
Three of the inventory organizations are ITA, NYC, and GER. NYC is a manufacturing organization and the other two are distribution warehouses. The three organizations source items from each other. Which two statements are valid? (Choose two.)

• A.Three lines were set up on a sourcing rule and the sourcing rule was assigned to a single Assignment Set.
• B.ITA has a sourcing rule to source a part from GER. You also assign a bill of distribution to ITA to source the same part from the manufacturing plant NYC. The default source would be GER.
• C.The price for item A is set in ITA at P1 and in GER at P2. When you raise an internal requisition for item A in destination org ITA and source org GER, the defaulted price is P2.
• D.One global location is sufficient for the three organizations.
• E.A sourcing rule is set up for a supplier but no ASL. When an item is entered on a requisition for this supplier, the supplier information would not be defaulted.

Identify two correct statements related to Key Performance Indicators and the KPI region in Daily Business Intelligence. (Choose two.)

• A.organizes data into reporting hierarchies
• B.contains a unique set of graphical information on a dashboard
• C.can be of table format only
• D.is a strategic business factor that is used for reporting
• E.can be configured for each dashboard

Identify the purpose of using Material Status controls.

• A.to select the transactions that are permitted to use the inventory on-hand quantity
• B.to define the transactions that are permitted for an inventory organization
• C.to prevent unnecessary cycle counting in an inventory organization
• D.to permit updates to the Item Master record