Online 1Z0-520 Practice Test

Question 1

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 2

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 3

During implementation, there are various additional things that need to be considered for RFQs and Quotations. There are seven documented areas to consider, as well as some common sense considerations. Select five options that accurately depict these. (Choose four.)

Options :

A : Data Mapping for RFQs Open Interface is important.

B : Data Cleanup of legacy RFQs and Quotes is important.

C : RFQ and Quotation Conversion strategy is important.

D : RFQ and Quotation Usage is important.

E : Data Cleanup is not important.

F : Data Mapping from the legacy RFQs and Quotes is important.

Answer: A,B,C,D

Question 4

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 5

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

EXPERTY DESIGNED 1Z0-520 PRACTICE TEST