Question 1

While defining Approval Groups, which three objects can you define authorization rules for? (Choose three.)

Options :

A : Item Category

B : Document Amount

C : Buyer

D : Commodity

E : Account Range

F : Location

Answer: A

Question 2

Which two activities should be completed before Purchasing is closed for a period? (Choose two.)

Options :

A : Approve all purchasing requisitions for the current period.

B : Pay all invoices for the current period including those that have not been received

C : Complete all inventory and expense receipts for the current period.

D : Open the new purchasing period.

E : Resolve all unordered receipts.

F : Complete and approve all the purchase orders for the current period.

Answer: A,C

Question 3

You are the Human Resources load for the ERP implementation of ABC Corporation. You have defined the employees In Oracle Human Resources. Select three activities that utilize the employee record. (Choose three.)

Options :

A : AutoCreate Purchase Orders

B : Organization creation

C : Asset assignment

D : Journal Entry creation

E : Approvals

Answer: A,C

Question 4

Your client uses Average Costing to value the items in the inventory. A Miscellaneous Receipt transaction has been submitted for a quantity of 1 of an item. What are the two possible values that could have been added to the Material Account by this transaction? (Choose two.)

Options :

A : 1 x (Average Cost Variance), calculated when the next Cost Manager program is executed

B : 1 x (Current Average Unit Cost)

C : The transaction will not be costed until the next Cost Manager program is executed.

D : 1 x (User-entered Unit Cost)

Answer: B,D

Question 5

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

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