Oracle EBS R12.1 Purchasing Essentials

Here you have the best Oracle 1z0-520 practice exam questions

You have 245 total questions to study from
Each page has 5 questions, making a total of 49 pages
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This questions were last updated on October 25, 2025
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Question 1 of 245

When you enter a receipt; you first use the Find Expected Receipts window to locate the source document for the receipt.
Select four valid source documents for a receipt. (Choose four.)

An approved internal requisition line

An intransit shipment within your Inventory

A shipment from a supplier based on a purchase order

A move order from Inventory for material storage relocation

A return from a customer based on a return material authorization (RMA)

A shipment from inventory backed by an internal safes order generated by an internal requisition

Correct Answer: B, C, E, F

Question 2 of 245

Which three financial options can be defaulted when you enter a new supplier? (Choose three.)

Ship Via

Default Buyer

RFQ-Only Site

Bill-To Location

Supplier Classification

Payment Bank Account

Correct Answer: A, C, D

Question 3 of 245

Which window in Purchasing would you use to copy on existing global Approved Supplier List entry and make it local to your organization?

Supplier Statue

Request For Quotation

Supplier-Item Attribute

Approved Supplier List Statuses

Sourcing Rule/Bill of Distribution Assignments

Correct Answer: C

Question 4 of 245

Which two statements are true about using foreign currency? (Choose two)

Requisition total is expressed in foreign currency.

Currency can be changed even after a requisition is approved.

Currency cannot be changed once a purchase order is approved.

A foreign currency reference can be specified for each purchase order line.

Requisition can automatically source blanket agreements or catalog quotations with foreign currency information.

Correct Answer: C, D

Question 5 of 245

A recent shipment of item A was routed to the inspection department according to standard practice, but no receipt for item A is available in the system for inspection.
What might have happened?

Requester set the receipt routing to Direct Delivery in the requisition,

Receiving clerk created an express receipt instead of a standard one.

Buyer changed the receipt routing to Standard Receipt in the purchase order line.

Buyer changed the routing to Direct Delivery at the supplier site level for this supplier.

Receiving clerk changed the receipt routing to Standard Receipt at the time of receiving.

Correct Answer: E