Question 1

Identify two situations in which item information on a requisition CANNOT be sourced from the Approved Supplier List. (Choose two).

Options :

A : The supplier status is New.

B : The supplier status is set to Debarred, but the business rule Sourcing is set to Allow.

C : The Use Approved Supplier flag is unchecked for the item.

D : The supplier is active but the supplier site is made temporarily inactive.

E : The Approved Supplier List is disabled at the line level.

Answer: A,C

Question 2

Min-max planning can be used ____ .

Options :

A : in Material Requirement Planning/Master Production Schedule (MRP/MPS) calculations

B : in place of MRP/MPS planning

C : in Economic Order Quantity(EOQ) calculations

D : only at the subinventory level

E : in Exponential Smoothing Forecast calculations

Answer: B

Question 3

Select three statements that are true about the receiving process. (Choose three.)

Options :

A : You can record receipt of unordered items, research receipt, and match the delivery to a purchase order.

B : You can use express receipt to distribute a given quantity of an item from a single supplier across multiple shipments and distributions.

C : You can define receiving tolerances and rules at the organization, supplier, item and order level, with the highest level overriding the next levels (highest level being the organization).

D : You can correct receiving transaction errors.

E : You can record returns to suppliers and customers.

Answer: A,D

Question 4

What are the three elements involved in submitting a concurrent request? (Choose three.)

Options :

A : selecting report language

B : providing completion option

C : selecting the request or request set to be submitted

D : selecting Operating Unit

E : defining a submission schedule

Answer: A,B,C

Question 5

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

Options :

A : Create and assign a buyer.

B : Assign charge accounts for all employees in the position hierarchy.

C : Enable Position Hierarchy in Financials Options.

D : Create a job.

E : Assign a supervisor to all employees.

Answer: C,D

Higher Test Marks with Free Online 1Z0-520 Exam Practice

Buying Options: