Online Access Free 1Z1-520 Practice Test

Select three true statements about the default of sourcing Information for requisitions and purchase orders.
(Choose three.)

• A.When you assign a commodity to an approved supplier list, you do not need to assign the individual items in the commodity.
• B.You must use the Transfer From assignment on a sourcing rule for Item Information to default onto an Internal requisition.
• C.You can have the same item on a quotation and a blanket agreement but the supplier or supplier site must be different, so that It can default onto a requisition line.
• D.Buyer name cannot be defaulted onto a requisition, but you can assign notes to a buyer.
• E.You can modify the last name of the requester defaulting from the Human Resources employee record.
• F.The item price on a requisition can be defaulted from the Item attribute setup.

Which are the two mandatory setup steps required during the creation of a new position hierarchy? (Choose two.)

• A.Ensure subordinates match the employee-supervisor assignment in Human Resources.
• B.Assign charge accounts for all employees in the position hierarchy.
• C.Enable Position Hierarchy in Financials Options.
• D.Assign a supervisor to all employees.
• E.Create a job.
• F.Create and assign a buyer.

You import requisitions from another system. These requisitions are imported as approved requisitions and contain references to items in the item master and blanket purchase agreements.
What is the easiest way to automatically create orders from these requisitions?

• A.Running the Workflow Background Processor.
• B.Running the Create Releases program.
• C.Using the AutoCreate form.
• D.Running the Purchasing Documents Open Interface.

The client has decided that Quality and Discrete Manufacturing will be implemented at a future stage, so new supply from current manufacturing will be added to current inventory on hand by the Open Transactions Interface. The immediate requirement is to go-live with Inventory and Order Management. Which three seeded transaction types can be omitted for material status control? (Choose three.)

• A.backflush subinventory transfer
• B.average cost update
• C.all transaction types related to Project Manufacturing
• D.all internal transactions
• E.all transaction types related to Work in Process
• F.miscellaneous issues and receipts

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?

• A.INV: Validate Returned Serial: No
• B.INV: Restrict Receipt of Serials: Yes and INV: Validate Returned Serial: Yes
• C.INV: Restrict Receipt of Serials: Yes and INV: Validate Returned Serial: No
• D.INV: Restrict Receipt of Serials: Yes
• E.INV: Validate Returned Lot: Yes and INV: Validate Returned Serial: No
• F.INV: Restrict Receipt of Serials: No
• G.INV: Validate Returned Serial: Yes