1. Which two are supply sources for Supplier and Production inventory replenishment? (Choose two.)A. Discrete jobB. Intransit orderC. External sales orderD. Replenishment move orderE. Internal purchase requisitionF. External purchase requisitionAnswer: AF2. XYZ is a metal fabrication company. It wants to classify all metals and plastics into two major groups.There are many subgroups in metals and plastics. All the subgroups are linked to their major group.This group classification is extensively used in all the reports in the organization.Which Oracle functionality can meet the above requirement?A. CatalogsB. CategoriesC. Catalog and CategoriesD. Category Set and CategoriesE. Group key flexfield enabled in the reportsF. Group descriptive flexfield enabled in the reportsAnswer: D10. Select three statements that are true about the receiving process. (Choose threE. )A. You can correct receiving transaction errors.B. You can record returns to suppliers and customers.C. You can record receipt of unordered items, research receipt, and match the delivery to a purchase order.D. You can use express receipt to distribute a given quantity of an item from a single supplier across multipleshipments and distributions.E. You can define receiving tolerances and rules at the organization, supplier, item and order level, with thehighest level overriding the next levels (highest level being the organization).Answer: ABC11. Identify the correct sequence of steps in the purchase order period close business flow.A. 1. Review the Uninvoiced Receipts report. > 2. Process period-end accruals. > 3. Close the purchasing perioD.> 4. Process remaining inventory transactions and close the inventory accounting perioD. > 5. Run the AccrualRebuild Reconciliation report. > 6. Write off accrued transactions as necessary. > 7. Create a manual journal entryfor write-offs.B. 1. Review the Uninvoiced Receipts report. > 2. Process period-end accruals. > 3. Close the purchasing perioD.> 4. Run the Accrual Rebuild Reconciliation report. > 5. Write off accrued transactions as necessary. > 6. Create amanual journal entry for write-offs. > 7. Process remaining inventory transactions and close the inventoryaccounting perioD.C. 1. Process remaining inventory transactions and close the inventory accounting perioD. > 2. Run the AccrualRebuild Reconciliation report. > 3. Write-off accrued transactions as necessary. > 4. Create a manual journal entryfor write-offs. > 5. Review the Uninvoiced Receipts report. > 6. Process period-end accruals. > 7. Close thepurchasing perioD.D. 1. Process remaining inventory transactions and close the inventory accounting perioD. > 2. Review theUninvoiced Receipts report. > 3. Process period-end accruals. > 4. Close the purchasing perioD. > 5. Run theAccrual Rebuild Reconciliation report. > 6. Write-off accrued transactions as necessary. > 7. Create a manualjournal entry for write-offs.Answer: A12. Select three statements that are true regarding the clearing account. (Choose threE. )A. An asset clearing account can also be used as a project clearing account.B. You can have a maximum of one asset clearing account per asset category.C. For each payables document you create, you can have a separate cash clearing account.D. You can use Cash in Transit report in cash management only if cash clearing account and cash account areseparatE.E. You use a separate cash clearing account and cash account to have visibility of the Cash in Transit on thebalance sheet.Answer: BCE13. While implementing a procurement solution for BAC Corp., you noted the following business requirements:a) Do not require purchase order approval if the unit price is increased or decreased by less than 15 percent.b) Add comments in the Approve Purchase Order Reminder notification.c) Change the number of days for the Approve Requisition Reminder notification.Which two workflows need to be modified to meet these requirements? (Choose two.)A. PO Change Order WorkflowB. PO Requisition Approval WorkflowC. Purchase Order Approval WorkflowD. Create Purchase Order or Releases WorkflowE. PO Send Notifications for Purchasing Documents WorkflowAnswer: BD14. Which are the three mandatory fields when defining a supplier bank header? (Choose threE. )A. BankB. Bank branchC. Bank contactD. Bank account numberE. Bank operating accountAnswer: ABD15. Your client wants the ability to perform the following tasks:1)Allow requestors to self-approve purchasing requisitions if their approval levels are appropriatE.2)Allow an approver to modify a purchasing requisition if necessary.3)Allow requestors to forward their purchasing requisitions to different people if necessary.4)Withdraw the ability to change the default Forward From on the purchasing requisition when approving thesamE.5)Allow the purchasing requisition to follow the entire approval hierarchy until it reaches a person who canapprove the document regardless of authority.6)Allow everyone to view each others purchasing requisitions.Which seven actions would satisfy the clients requirements? (Choose seven.)A. Set the Access Level for the Purchasing Requisition document type to Full.B. Set the Security Level for the Purchasing Requisition document type to PubliC.C. Set the Security Level for the Purchasing Requisition document type to PrivatE.D. Set the Forward Method for the Purchasing Requisition document type to Direct.E. Select the Owner Can Approve box for the Purchasing Requisition Document TypE.F. Set the Forward Method for the Purchasing Requisition document type to Hierarchy.G. Deselect the Owner Can Approve box for the Purchasing Requisition document typE.H. Select the Approver Can Modify check box for the Purchasing Requisition document typE.I. Deselect the Approver Can Modify check box for the Purchasing Requisition document typE.J. Select the Owner Can Forward-To check box for the Purchasing Requisition document typE.K. Deselect the Can Change the Forward-From box for the Purchasing Requisition document typE.Answer: ABEFHJK16. When a quotation is due to expire within the number of days you specified, then you receive the followingmessage in the Notifications Summary window: Quotations active or approaching expiration: [number].Where is this [number] set up in the system?A. in the Quote Header Warning Delay fieldB. in the Systems Profile Options PO: Quote Warning DelayC. in Purchasing Options on the Default Tab Quote Warning Delay fieldD. Lookup Code, which is an (LOV) List of Values, in the Quote Header Warning Delay fieldAnswer: C17. Identify four mandatory implementation actions for approved supplier lists and sourcing rules. (Choose four.)A. Register suppliers.B. Define buyer security.C. Set the enterprise namE.D. Define system profile options.E. Assign Sourcing responsibilities.F. Define purchasing Document Styles.G. Set up attribute groups and requirements sections.Answer: ACDE19. Your client requires Org A to supply Org B with inventory on a need basis. The Internal Order flag is checkeD.An internal requisition has been created and approveD.What type of receipt would Org B have to perform to receive the goods?A. RMA receiptB. Inter-Org TransferC. Account Alias receiptD. Purchase Order receiptE. Receipt by Shipment NumberAnswer: E21. Oracle Inventory interacts with other Oracle applications by sharing information.Which two pieces of information does Oracle Inventory receive from the Order Management application?(Choose two.)A. UOM informationB. shipping informationC. on-hand informationD. ATP supply informationE. reservations informationAnswer: BE27. ACME is implementing Inventory in a make-to-order manufacturing environment, where there is on-handinventory for 200 different motors.For these purchasable items, given the proper profile setup, Min-max can automatically create _____.A. an expense accountB. an encumbrance accountC. an invoice price variance accountD. an inventory Accounts Payable accrual accountE. records in the Purchase Order Requisition interface tableAnswer: E34. The Available to Promise (ATP) algorithm uses three time fences.They are Past Due Supply, Past Due Demand, and _____.A. Finite Supply TimeB. Infinite Supply TimeC. Planning Horizon TimeD. User-Defined Lead TimeE. Accumulative Lead TimeAnswer: B49. The client uses an external application as the source for cycle counts.What value should be used for the profile option INV: CCEOI Commit Point to ensure successful processing ofthe Import Cycle Count Entries from Open Interface concurrent program consistently?A. CreateB. ProcessC. SimulateD. A numberAnswer: D59. Which three pieces of information does the eTRM Technical Reference provide access to? (Choose threE. )A. data dictionariesB. available patchesC. logical data modelsD. application white papersE. table relationship diagramsF. cross-platform performance informationAnswer: ACE60. In the eTRM Technical Reference, where can you find the workflows associated with an application?A. PDF filesB. FND dataC. DBA dataD. HTML filesAnswer: B97. Which two functional areas have default category sets? (Choose two.)A. Planning, Engineering, CostingB. Purchasing, Payables, InventoryC. Inventory, Purchasing, Bill of MaterialsD. Order Management, Inventory, PurchasingE. Inventory, Bill of Materials, Work in ProcessF. Planning, Order Management, General LedgerG. Order Management, Inventory, Work in ProcessAnswer: AD98. A user informs you about the inability to create a requisition using category 110.33. The Purchasing categorystructure is set up as Item Category.Commodity.The user has described the problem as follows:I am able to select 110 for the item category and 33 for the commodity, but when I click OK I receive an error.Identify two reasons for the error. (Choose two.)A. The commodity 33 has been deactivateD.B. The item category 110 has been deactivateD.C. The category 110.33 is not assigned to a buyer.D. Category 110.33 is not set up in the categories form.E. 110.33 is not assigned to the Purchasing category set.F. 110.33 has not been added to the appropriate value set.G. Allow Dynamic Inserts is not checked for the Purchasing category flexfielD.Answer: DE99. You would set up the profile option INV: Item Master Flexfield _____.A. for items from legacy system referenced in this fieldB. in the initial setup on inventory for defaulting purposeC. to capture the item descriptive information on this fieldD. to indicate which flexfield is used to define items in MTL_SYSTEM_ITEMSE. for first time setup of the item master flexfield to denote the key flexfield compiledAnswer: D124. For which three transaction types can picking rules be created? (Choose threE. )A. PO ReceiptB. Sales OrderC. Cycle CountD. Work-in-process jobsE. Miscellaneous ReceiptF. Move Order ReplenishmentG. Physical Inventory AdjustmentAnswer: BDF126. The Account Alias Name flexfield cannot exceed _____ characters.A. 20B. 15C. 25D. 30E. 45F. 180Answer: C127. Which two statements are true when performing an Account Alias Receipt? (Choose two.)A. The alias names can be defined by the user.B. The alias transaction would go through the workflow approval process.C. Account alias transactions require two events: first Entry, then Transact.D. The General Ledger account linked to the Account Alias is required to be ActivE.E. Account Alias Receipt transactions would always be considered an inventory adjustment.F. Account Alias Receipt transactions can dynamically create a new receipt if the General Ledger account isprovideD.Answer: AD128. Your client does not want to implement account alias issues or receipts.When performing setups, what should you do about the account alias flexfield?A. Define segments, but do not compilE.B. Create at least one alias, compile, then disable the alias.C. Ignore the account alias flexfield because it would not be requireD.D. Compile the flexfield structure because it is required by Oracle Inventory.E. Define default account aliases that can be used at a later date, but ensure they are disabled now.Answer: D133. Which three modules use the inventory calendar for considering working days and holidays? (ChoosethreE. )A. Oracle PlanningB. Oracle InventoryC. Oracle PayablesD. Oracle Bill of MaterialsE. Oracle General LedgerAnswer: ABD135. Which three values are applicable for the transaction profile option Miscellaneous Issue and Receipt?(Choose threE. )A. Online ProcessingB. Concurrent ProcessingC. Form-Level ProcessingD. Background ProcessingE. Record-Level ProcessingAnswer: ABD154. Identify three valid sources of Inventory Supply. (Choose threE. )A. Unapproved Move OrdersB. Approved Requisition LinesC. Miscellaneous TransactionsD. Approved Purchase Order LinesE. Sales Order Lines in Entered statusF. WIP Work Orders in Released statusG. Sales Orders Lines in Scheduled statusAnswer: BDF155. Identify three valid sources of Inventory DemanD. (Choose threE. )A. Approved Requisition LinesB. Miscellaneous TransactionsC. Scheduled CMRO Work OrdersD. Approved Purchase Order LinesE. Sales Order Lines in Entered statusF. WIP Work Orders in Released statusG. Sales Orders Lines in Scheduled statusAnswer: CFG165. Which sequence best represents the Procure to Pay life cycle flow?A. Run compliance testinG. > Enter suppliers. > Process returns.B. Create purchase order. > Record manual payment. > File invoices.C. Negotiate contracts. > Fulfill purchase order. > Generate supplier reports.D. Enter invoicE. > Match invoice to purchase order. > Return goods to suppliers.E. Request for quotE. > Analyze commodity. > Create payment outside payables.Answer: C166. Which describes a valid process in the Procure to Pay life cycle?A. The sourcing process acknowledges that the purchase order has been duly executeD.B. The demand process covers the search for suitable suppliers for requested goods and/or services.C. In the invoicing process, electronic data interchange (EDI) invoices are processed with Oracle Payables.D. The receiving process consists of a requester notification that the service has been performed as agreeD.E. The ordering process includes purchase order placement by the supplying organization and purchase orderexecution by the buying organization.Answer: D167. Which key area in the Procure to Pay process involves using Oracle iExpenses to enter expense reports via aWeb browser?A. PaymentB. InvoicingC. SourcingD. ReportingE. ReceivingAnswer: B168. Based upon a revised quotation, buyer A+1 & Co. wants to change one of its suppliers names from Bay AreaManufacturing to Bay Area MfG. Co.Which document would NOT be affected by this change?A. ReturnB. PaymentC. Sales OrderD. Purchase OrderE. Purchase RequisitionC. SimulateD. A numberAnswer: C169. At BBC InC. , you are implementing Oracle Work in Process, Oracle Advanced Supply Chain Planning,Oracle Bill Of Materials, Oracle Inventory, and Oracle EngineerinG.When creating requisitions, which two modules do NOT feed data into Oracle Purchasing? (Choose two.)A. Oracle InventoryB. Oracle EngineeringC. Oracle Bill Of MaterialsD. Oracle Work in ProcessE. Oracle Advanced Supply Chain PlanningAnswer: BC170. While implementing Oracle Payables, Oracle Purchasing, and Oracle General Ledger at GLO LtD. , you areinformed by the accountant that the AP Clearing Account balance is increasing daily.To solve this issue, what would you check in the accounting process?A. whether journals are posted regularlyB. whether suppliers are sequentially numberedC. whether the month-end accrual process is runD. whether invoices are matched to purchase orders and receiptsE. whether Oracle Payables transactions are reconciled with Oracle General LedgerAnswer: D171. If the PO: Allow Buyer Override in AutoCreate Find profile option is set to No, what would happen if thebuyer, Pat Stock, uses the AutoCreate form?A. Pat would be able to view requisitions assigned to other buyers and unassigned requisitions.B. Pat would not be able to view requisitions assigned to other buyers or unassigned requisitions.C. Pat would be able to view requisitions assigned to other buyers, but not view unassigned requisitions.D. Pat would not be able to view requisitions assigned to other buyers, but would be able to view unassignedrequisitions.E. Pat would be able to view all requisitions in the AutoCreate form, but would be prevented from placingrequisitions on a purchase order if they reference another buyer.Answer: B172. Your company often orders items that are sourced from multiple suppliers. At any given time, the suppliervaries depending on the suppliers current production capability and price offerinG. The price varies throughoutthe year. For a particular item, there is no single supplier that receives the majority of the orders.What is the best way to set up this item?A. Create blanket purchase agreements, a sourcing rule identifying all the possible suppliers, and approvedsupplier list entries.B. Create contract purchase agreements, a sourcing rule identifying all the possible suppliers, and approvedsupplier list entries.C. Do not create blanket or contract purchase agreements or sourcing rules. Manually AutoCreate requisitionsonto standard purchase orders.D. Create a blanket purchase agreement for only one supplier, a sourcing rule for just that supplier, and anapproved supplier list entry for that supplier.E. Create a contract purchase agreement for only one supplier, a sourcing rule for just that supplier, and anapproved supplier list entry for that supplier.Answer: C173. Consider the following scenario:You always order specific items from a single supplier.You send the orders to be approved automatically.You want the order to be created immediately after the requisition is approveD.Your purchase orders should be created by _____.A. using AutoCreateB. using Create ReleasesC. using workflow and contract purchase agreementsD. using workflow and blanket purchase agreementsAnswer: D174. You import requisitions from another system. These requisitions are imported as approved requisitions andcontain references to items in the item master and blanket purchase agreements.What is the easiest way to automatically create orders from these requisitions?A. Using the AutoCreate form.B. Running the Create Releases program.C. Running the Workflow Background Processor.D. Running the Purchasing Documents Open InterfacE.Answer: B175. The PO Create Documents Workflow creates _____. (Choose threE. )A. releases from blanket purchase agreementsB. standard purchase orders from bid quotationsC. standard purchase orders from catalog quotationsD. standard purchase orders from standard quotationsE. standard purchase orders from planned purchase agreementsF. standard purchase orders from contract purchase agreementsAnswer: ACF176. Select three true statements regarding the Workflow Document Creation prerequisite (PO Create Documentsworkflow). (Choose threE. )A. Catalog quote must not be expired, but may be inactivE.B. Supplier and supplier site are required on the requisition related to a contract purchase order.C. If a system item is not associated with the requisition line, a supplier item number is requireD.D. Sourcing rules are required if the requisition originates in Oracle Purchasing or iProcurement.E. No source document is required for the PO Create Documents workflow to create a release or purchase order.F. The only time an approved supplier list is required is if your source document is a blanket purchase agreementand you are using a system item.Answer: BCF177. When you enter a receipt, you first use the Find Expected Receipts window to locate the source document forthe receipt.Select four valid source documents for a receipt. (Choose four.)A. an approved internal requisition lineB. an intransit shipment within your inventoryC. a shipment from a supplier based on a purchase orderD. a move order from inventory for material storage relocationE. a return from a customer based on a return material authorization (RMA)F. a shipment from inventory backed by an internal sales order generated by an internal requisitionAnswer: BCEF178. Identify three correct explanations about the processing mode of the Receiving Transaction Processor.(Choose threE. )A. Batch processing mode: When you save your work, the receiving forms call the Receiving TransactionProcessor as a background process for the group of transactions you have entered since you last saved your worK.B. Batch processing mode: The receiving forms insert transaction information into the receiving interface tables.These transactions remain in the interface table until you run the Receiving Transaction Processor.C. Immediate processing mode: When you save your work, the receiving forms call the Receiving TransactionProcessor as a background process for the group of transactions you have entered since you last saved your worK.D. Immediate processing mode: The receiving forms take into account all pending transactions, but Purchasingdoes not update the transaction history, source documents, and supply information until the transactions areprocesseD.E. On-line processing mode: Purchasing calls the Receiving Transaction Processor when you save your worK.The application waits for its completion before the control returns to the user. The user will not be able to performany other application activities until the process completes.F. On-line processing mode: When you save your work, the receiving forms call the Receiving TransactionProcessor as a background process for the group of transactions you have entered since you last saved your worK.Answer: BCE179. Which two are true about the different types of receipts? (Choose two.)A. Use cascade receipt to improve accuracy in the receiving process.B. Use unordered receipt to enter receipts of items when you do not have a corresponding purchase order.C. Use blind receipt to receive an entire purchase order with a few keystrokes.D. Use Advance Shipment Notices (ASNs) to enter receipts in the Enter Receipts window, reducing data entrytimE.E. Use express receipt to distribute a given quantity of an item from a single supplier across multiple shipmentsand distributions.Answer: BD180. The on-hand quantity balance for item A is 100 and item B is 200. A shipment of 50 for item A and 50 foritem B arrived today.The receiving clerk created a receipt for the shipment. After the receipt, the on-hand quantity of items A and B are150 and 200 respectively.Which one of the possible receipt routing options for items A and B is correct?A. Item A = Direct Delivery; Item B = Standard ReceiptB. Item A = Standard Receipt; Item B = Direct DeliveryC. Item A = Inspection Required; Item B = Direct DeliveryD. Item A = Inspection Required; Item B = Standard ReceiptE. Item A = Standard Receipt; Item B = Inspection RequiredAnswer: A181. A recent shipment of item A was routed to the inspection department according to standard practice, but noreceipt for item A is available in the system for inspection.What might have happened?A. Requester set the receipt routing to Direct Delivery in the requisition.B. Receiving clerk created an express receipt instead of a standard onE.C. Buyer changed the receipt routing to Standard Receipt in the purchase order linE.D. Buyer changed the routing to Direct Delivery at the supplier site level for this supplier.E. Receiving clerk changed the receipt routing to Standard Receipt at the time of receivinG.Answer: E182. While entering a cascade receipt, you find that the Cascade button is disabled in the Receipts window.Which option best describes the reason for this?A. The receipt is for a drop-shipped item.B. The receipt is for a Return Material Authorization (RMA).C. You specified Receipt Routing as Direct Delivery for this supplier.D. You disabled Allow Cascade Transactions in the Purchase Order Shipments window.E. You specified a purchase order number instead of a supplier and an item in the Find Expected Receipts window.Answer: E183. View the Exhibit. Your client was creating an express receipt. While saving the receipt, it faileD.Identify the most logical reason for the failurE.A. A manual action was performed in one of the lines before clicking the Express button.B. The Early/late Receipt Date Tolerance is exceeded and the Exception Control is WarninG.C. Location is not available for Expense Destination Type and the Destination Type is ReceivinG.D. Location is not available for Expense Destination Type and the Destination Type is Final Destination.E. Instead of a purchase order number, a supplier name was specified in the Find Expected Receipts window.Answer: D184. For which three reasons do you create a return in the Purchasing module? (Choose threE. )A. to return internal shipmentsB. to return items back to a customerC. to return delivered items to receivingD. to return externally sourced items to the supplierE. to return Return Material Authorization (RMAs) to the customer after material has been delivered to theinventoryAnswer: BCD185. You match an unordered receipt to _____.A. a purchase order shipment from any organizationB. a Return Material Authorization (RMA) from any organizationC. a purchase order shipment from the same organization for any supplierD. a purchase release shipment from the same organization for the same supplierE. a finally closed purchase order shipment from the same organization for the same supplierAnswer: D186. You received 100 units of item A on Monday.On Tuesday, you discovered that three units are missing from the shipment. You entered a correction to adjust thequantity received to 97.On Wednesday, you found two units damaged and you created a Return To Supplier transaction.The profile option PO: ERS Aging Period is set to 3 days.What is true if the Payment on Receipt process is run on Friday?A. The process will generate an invoice for 95 units.B. The process will generate an invoice for 97 units and a debit memo for 2 units.C. The process will generate an invoice for 97 units. Then you will have to manually create a debit memo for 2units.D. The Return To Supplier transaction already created a debit memo. The Payment on Receipt process willgenerate an invoice for 97 units.E. The process will generate an invoice for 100 units. Then you will have to manually adjust the invoice for 3units and create a debit memo for 2 units.Answer: A187. Which three are true about the Evaluated Receipt Settlement (ERS) process? (Choose threE. )A. Invoice is always created for the supplier sitE.B. Invoice is always created in unapproved status.C. Invoice currency is always defaulted from the purchase order currency.D. Payment currency is always defaulted from the purchase order currency.E. Payment terms are always defaulted from the purchase order payment terms.F. Amount is always determined by multiplying the quantity received by the purchase order item unit pricE.Answer: BCF188. Which four are supported by the Receiving Open Interface (ROI)? (Choose four.)A. Unordered receiptB. Dynamic locatorsC. Deliver transactionsD. Movement statisticsE. Correct transactionsF. Receive transactionsG. Transfer transactionsAnswer: CEFG189. Receiving Open Interface (ROI) is typically a three-step process. Identify the correct sequence of the steps.A. Load Accrue ProcessB. Load Confirm ProcessC. Receive Inspect- DeliverD. Load Process ConfirmE. Validate Confirm ProcessAnswer: D190. Consider the following scenario:1) Receipt Days Early = 5; Receipt Days Late = 10; Receipt Days Exceed-Action = Reject2) Over Receipt Tolerance (%) = 5; Over Receipt Action = Reject3) Receipt Close Point = Received; Receipt Close Percent = 5%A shipment of 100 for item A was scheduled to be delivered on Oct-15-2007. Which receipt transaction(s) canoccur?A. A receipt of 95 for item A is created on Oct-09-2007.B. A receipt of 90 for item A is created on Oct-27-2007.C. A receipt of 108 for item A is created on Oct-16-2007.D. A receipt of 60 for item A is created on Oct-12-2007. Another receipt of 65 for item A is created onOct-17-2007.E. A receipt of 70 for item A is created on Oct-12-2007. Another receipt of 28 for item A is created onOct-17-2007.Answer: E191. Consider the following setups:1) Receipt Days Early = 5; Receipt Days Late = 5; Receipt Days Exceed-Action = Reject2) Over Receipt Tolerance (%) = 5; Over Receipt Action = Reject3) Receipt Close Point = Received; Receipt Close Percent = 5%A shipment of 100 for item A was scheduled to be delivered on Oct-15-2007.Which two receipt transactions can occur? (Choose two.)A. You can create a blind receipt of 115 for item A on Oct-17-2007.B. You can create an express receipt of 95 for item A on Oct-09-2007.C. You can create a standard receipt of 104 for item A on Oct-25-2007.D. You can create a substitute receipt of 107 for item A on Oct-16-2007.E. You can create a substitute receipt of 102 for item A on Oct-19-2007.F. You can create a standard receipt of 96 for item A on Oct-12-2007 and another standard receipt of 7 onOct-17-2007.Answer: AE192. Consider the following setup:Receipt Close Point = Accepted; Receipt Close Percent = 5%.A shipment of 100 units for item A was scheduled to be delivered today. The shipment status changed to Closedfor Receiving after processing the delivery.Which statement is true about this delivery?A. 110 units of A are received and 94 are accepteD.B. 95 units of A are received and waiting in the receiving docK.C. 99 units of A are received and 5 are rejected after inspection.D. 110 units of A are received and 103 are delivered to the inventory.E. 102 units of A are received and then 10 are returned to the vendor due to damagE.Answer: D193. Which four options are true about setting the receipt routing defaulting rules? (Choose four.)A. Supplier setup supersedes Receiving Options.B. You cannot allow users to override receipt routinG.C. Item setup supersedes supplier setup routing rules.D. Supplier setup supersedes item setup routing rules.E. You must set a rule in the receiving options setup form.F. You can allow a user to override receipt routing by changing a profile option.Answer: ACEF194. The Accrual Reconciliation Report can be used to identify problems in receiving, purchasing, inventory,work in process, or accounts payable transactions.Which three problems can this report be used to identify? (Choose threE. )A. payments made to the wrong invoicesB. mismatches in receipt and invoice quantitiesC. invoices matched to the wrong purchase orderD. receipts made against the wrong purchase orderE. sales tax and freight charged to the A/P Liability accountF. miscellaneous inventory or work in process transactions that used the Invoice Price Variance account in errorAnswer: BCD195. Identify the correct sequence of steps in the Procure to Pay period close process.A. Prepare for period closE. > Run Validation/ Review and resolve holds. > Create accountinG. > Transfer andreview. > Close the period in AP. > Post journal entries in GL. > Reconcile AP activity for the perioD. > Closethe PO perioD.B. Prepare for period closE. > Run Validation/ Review and resolve holds. > Create accountinG. > Transfer andreview. > Close the period in AP. > Reconcile AP activity for the perioD. > Close the PO perioD. > Postjournal entries in GL.C. Prepare for period closE. > Run Validation/ Review and resolve holds. > Create accountinG. > Transfer andreview. > Close the period in PO. > Post journal entries in GL. > Reconcile PO activity for the perioD. > Closethe AP perioD.D. Prepare for period closE. > Run Validation/ Review and resolve holds. > Create accountinG. > Transfer andreview. > Close the period in AP. > Reconcile AP activity for the perioD. > Post journal entries in GL. > Closethe PO perioD.E. Prepare for period closE. > Run Validation/ Review and resolve holds. > Transfer and review. > Close theperiod in AP. > Create accountinG. > Post journal entries in GL. > Reconcile AP activity for the perioD. >Close the PO perioD.Answer: A196. Identify three statements that are true regarding Accrual Process for Period-End Accruals. (Choose threE. )A. You reverse accrual journal entries at the start of the new accounting perioD.B. You record the total uninvoiced receipt liabilities accrued during the accounting perioD.C. Purchasing records the accounting entries for expense during each receiving transaction.D. You use the Receipt Accruals Period End process to create period-end accruals for your invoiced receipts forexpense distributions.E. Actual journal entries are created for the amount of the receipt liabilities, debiting the expense A/P accrualaccount and crediting the charge account.F. If you are using encumbrance accounting, purchase order encumbrance is relieved when the invoices matchedto the purchase order are posted to the general ledger.Answer: ABF197. Which two activities should be completed before Purchasing is closed for a period? (Choose two.)A. Resolve all unordered receipts.B. Open the new purchasing perioD.C. Approve all purchasing requisitions for the current perioD.D. Complete all inventory and expense receipts for the current perioD.E. Complete and approve all the purchase orders for the current perioD.F. Pay all invoices for the current period including those that have not been receiveD.Answer: AD198. Consider the following scenario for inventory item A:1) Standard Cost: $10, Purchase Order Line Price: $12, Purchase Order Line Quantity: 102) Receipt Routing: Direct DeliveryYou created a receipt of 8 units for item A. Which option correctly describes the effect on different accounts?A. Debit Material Account $80; Credit Inventory AP Accrual Account $96; Debit Invoice Price Variance Account$16; No effect on Purchase Price Variance AccountB. Debit Material Account $80; Credit Inventory AP Accrual Account $96; No effect on Invoice Price VarianceAccount; Debit Purchase Price Variance Account $16C. Debit Material Account $80; Credit Inventory AP Accrual Account $80; No effect on Invoice Price VarianceAccount; Debit Purchase Price Variance Account $16D. Credit Material Account $80; Debit Inventory AP Accrual Account $96; No effect on Invoice Price VarianceAccount; Credit Purchase Price Variance Account $16E. Debit Material Account $96; Credit Inventory AP Accrual Account $96; No effect on Invoice Price VarianceAccount; Credit Purchase Price Variance Account $16Answer: B199. Consider the following scenario for inventory item B.1) Standard Cost: $102) Purchase Order Line Quantity: 100; Purchase Order Line Price: $123) Match Approval Level: Three-Way Matching; Receipt Routing: Direct Delivery4) Received Quantity: 405) Invoice Price: $14; Invoiced Quantity: 20Which option describes the effect on different accounts correctly?A. Debit Material Account $480; Credit Inventory AP Accrual Account $240; Debit Invoice Price VarianceAccount $40; Debit Purchase Price Variance Account $0; Credit AP Liability Account $280B. Debit Material Account $400; Credit Inventory AP Accrual Account $240; Debit Invoice Price VarianceAccount $40; Debit Purchase Price Variance Account $80; Credit AP Liability Account $280C. Debit Material Account $400 ; Credit Inventory AP Accrual Account $240; Debit Invoice Price VarianceAccount $80; Debit Purchase Price Variance Account $40; Credit AP Liability Account $280D. Credit Material Account $400; Debit Inventory AP Accrual Account $240; Credit Invoice Price VarianceAccount $40; Credit Purchase Price Variance Account $80; Debit AP Liability Account $280Answer: B200. Which two are true about the key accounts in the Procure to Pay process? (Choose two.)A. The Receiving account is used to record the current balance of material in receiving and inspection.B. The Invoice Price Variance account is used to record differences between the invoice price and the averagecost.C. The Expense AP Accrual account is used to accrue payable liabilities when you receive items you willcapitalize as inventory.D. The Purchase Price Variance account is used to record differences between the purchase order line price andthe average cost.E. The Exchange Rate Gain or Loss account is used to record differences between the exchange rate used for thepurchase order and the exchange rate used for the invoicE.Answer: AE201. The purchase price variance account records differences between the _____.A. invoice price and average costB. invoice price and standard costC. purchase order line price and invoice priceD. purchase order line price and average costE. purchase order line price and standard costAnswer: E202. Which three are true about using foreign currency in purchasing documents? (Choose threE. )A. Oracle Purchasing performs price tolerance verification for all currencies.B. You cannot approve a purchase order that is missing an exchange rate at the line level.C. Oracle Purchasing uses the functional currency requisition total to verify authorization limits.D. You can create purchase orders using multiple currencies other than your functional currency.E. You can AutoCreate a requisition created in one currency to a purchase order in a different currency.F. You cannot approve a requisition that is missing an exchange rate at either the header or distribution level.Answer: ACE203. Which two statements are true about using foreign currency? (Choose two.)A. Requisition total is expressed in foreign currency.B. Currency can be changed even after a requisition is approveD.C. Currency cannot be changed once a purchase order is approveD.D. A foreign currency reference can be specified for each purchase order linE.E. Requisitions can automatically source blanket agreements or catalog quotations with foreign currencyinformation.Answer: CE204. Consider the following scenario for inventory item A.1) Price Tolerance (%) = 10; Enforce Price Tolerance (%) = Checked (Yes)2) Price Tolerance Amount = 20; Enforce Price Tolerance Amount = Checked (Yes)You AutoCreated a purchase order line for item A from a requisition linE. You set the unit price of the purchaseorder line to $120 and you had the purchase order approveD.What is the possible unit price of item A in the requisition line? (Choose threE. )A. $0B. $110C. $105D. $140E. $100Answer: ABD205. Which four are true about the Future Periods field in the Financials Options window? (Choose four.)A. You cannot import or enter invoices in a future perioD.B. You can import/enter invoices in future periods, pay and create accounting entries for them.C. You can change this number to the maximum number of future periods you want to allow in Payables.D. You can import/enter invoices in future periods but you cannot pay or create accounting entries for them.E. The first time you enter this field, Payables defaults the number of future periods you use in your Ledger as adefault.F. Payables uses this value to limit the number of future periods you can maintain in the Control Payables Periodswindow.G. After you change the status of a future period to Open, you can change it back to Future only if you did notcreate any transactions in that perioD.Answer: CDEF206. Consider the following setups.1) Purchasing System Option Enforce Full Lot Quantity = Mandatory2) Rounding Factor at the item level= 75%3) Unit of Issue at the item level = DozenSelect two statements that are truE. (Choose two.)A. If the user enters 6 each on an internal requisition, the quantity will be rounded to 0.B. If the user enters 6 each on a purchase requisition, the quantity will be rounded to 0.C. If the user enters 11 each on an internal requisition, the quantity will be rounded to 12 eacH.D. If the user enters 11 each on a purchase requisition, the quantity will be rounded to 12 eacH.E. An advisory message suggesting rounding and a suggested rounding quantity are displayed, but you canoverride this.Answer: AC207. What is true about the Expense AP Accrual account?A. It is defined in the Financial Options and is valid for the whole Operating Unit.B. It is defined in the Payables Options and is valid for the whole Operating Unit.C. It is defined in the Purchasing Options and is valid for the whole Operating Unit.D. It is defined in the Financial Options and is valid for a specific Inventory Organization.E. It is defined in the Receiving Options and is valid for a specific Inventory Organization.F. It is defined in the Purchasing Options and is valid for a specific Inventory Organization.Answer: C208. Select the statements that are truE. (Choose threE. )The timing and frequency of running the process to transfer payables transactions to General Ledger depends on_____.A. how often you need to process mass additionsB. how often you need to see balances in Projects updatedC. how often you need to run the Invoice Validation processD. how often you need to run the Period-End Accrual processE. how often you need to do financial reporting out of the general ledgerF. how often you need to run the Payables Accounting process to create the accounting entriesAnswer: ABE209. Identify two statements that are true about implementation prerequisites. (Choose two.)A. Invoice Validation process is a prerequisite to running the Payables Accounting process.B. Payables Accounting process is a prerequisite to running the Invoice Validation process.C. Payables Accounting process is a prerequisite to running the Period-End Accrual process.D. Period-End Accrual process is a prerequisite to the transfer of payables transactions to General Ledger.E. Payables Accounting process is a prerequisite to the transfer of payables transactions to General Ledger.F. Transfer of payables transactions to General Ledger is a prerequisite to running the Payables Accountingprocess.Answer: AE210. Identify five purchasing administration tasks. (Choose fivE. )A. Prepare the databasE.B. Start concurrent managers.C. Provide access and control.D. Schedule background processes.E. Back up and archive the databasE.F. Mass cancel purchasing documents.G. Schedule other purchasing processes.H. Purge Requisitions, POs, and Invoices.I. Purge Requisitions, POs, and Suppliers.Answer: BDFGI211. What does the Use Approval Hierarchies check box indicate in the Human Resources tab of the FinancialOptions window?A. The position structure for purchasing approvals is useD.B. The employee supervisor structure for purchasing approvals is useD.C. The expenses for this business group are approved using the business office hierarchy.D. Purchasing approvals route through each level of the hierarchy rather than directly to the employee who has thefinancial authority.Answer: A212. Which four responsibilities must be defined in order to perform the purchasing setup when the completeOracle R12 E-Business Suite is installed? (Choose four.)A. Inventory ManagerB. Payables ManagerC. Receivables ManagerD. System AdministratorE. Purchasing Super UserF. General Ledger Super UserG. Advanced Supply Chain PlannerAnswer: BDEF213. Which setup sequence best describes the prerequisites for setting up Oracle Purchasing?A. Set up user. > Assign responsibilities. > Define a Ledger.B. Set Address Styles. > Define locations. > Set key profile options.C. Set up descriptive flexfields. > Set key profile options. > Set address style default.D. Define a Ledger. > Set up descriptive flexfields. > Define Purchasing Lookup Codes.E. Define Human Resources key flexfields. > Define a Ledger > Create responsibilities.Answer: A214. Identify three of the optional steps in setting up PurchasinG. (Choose threE. )A. Define items.B. Define line types.C. Set up the workflow.D. Define units of measurE.E. Modify the account generator.F. Set up sourcing rules and assignments.Answer: AEF215. Which three are purchasing categories for which you can set up profile options? (Choose threE. )A. DebugB. Self-BillingC. AutoCreateD. PO SourcingE. Quotation ImportAnswer: ABC216. Which two profile options are required when setting up Oracle Purchasing? (Choose two.)A. HR: PO UserB. GL: Set of BooksC. MO: Default Operating UnitD. PO: Workflow Processing ModeE. PO: Workflow Background ProcessorF. PO: Allow Automatic Document SourcingAnswer: CD217. Which profile option controls whether a flexfield window automatically opens when you navigate to acustomized descriptive flexfield?A. Flexfields: Shorthand EntryB. Flexfields: Open Key WindowC. Flexfields: Open List of ValuesD. Flexfields: Open Descr WindowE. Flexfields: Open Description FieldAnswer: D218. Which setup profile option allows you to send a report directly to a browser window?A. Viewer: TextB. Concurrent: Report CopiesC. Flexfields: Open Key WindowD. Concurrent Report: Access LevelAnswer: A219. In many companies, which four Procure to Pay activities are performed in the context of a single businessunit with transactions crossing business unit boundaries? (Choose four.)A. PaymentB. DemandC. OrderingD. SourcingE. PlanningF. RequisitioningG. Physical Inventory CountAnswer: ACDF220. The following transactions occurred at BUY Co., where you implemented the ERS functionality in OraclePurchasing: Purchase order unit price: $10Receipt #1001: 150 units (gross of 50 units returned)Receipt #1002:250 units The Pay on Receipt process is run nightly, with the summary level set to Pay Site at the supplier sitE.The aging period is 0.What would the Pay on Receipt process generate for these transactions?A. a $3500 invoiceB. a $4000 invoiceC. a $50 invoice and a $2500 invoiceD. a $1500 invoice, a $2500 invoice, and a $50 debit memoE. a $1000 invoice, a $2500 invoice, and a $50 debit memoAnswer: A221. Bonus InC. implemented the ERS functionality in Oracle PurchasinG. The Pay on Receipt process is runnightly. The Summary level is set to Pay Site at the supplier site and the Match Approval option on PO shipmentis set to Four-Way.Purchase order #001 of 150 units at a unit price of $1 was received in total as Receipt #R-PO001, but not yetinspected and delivereD.On the same day, from Purchase Order #002 of 100 units, 50 units was initially received as Receipt #R-PO002,inspected, and delivereD. Both purchase orders have the same item, supplier, and supplier sites.What would the Pay on Receipt process generate for these transactions?A. a $50 invoiceB. a $250 invoiceC. a $150 invoice and a $50 invoiceD. a $200 invoice with invoice validation on holdE. a $250 invoice with invoice validation for $50 on holdAnswer: D222. Your ordering process starts with a requisition. Into which two documents must the purchase requisitiondocument be transformed within Oracle Applications? (Choose two.)A. ReturnB. ReceiptC. QuotationD. Purchase OrderE. Request For QuotationAnswer: DE223. Which three purchasing documents can you create in Oracle Purchasing? (Choose threE. )A. ReturnB. ReceiptC. QuotationD. Work OrderE. Request For QuotationF. Contract Purchase AgreementAnswer: CEF224. Which purchasing Electronic Data Interchange (EDI) transaction is NOT supported in e-CommerceGateway?A. QuotationB. Scheduled ReleaseC. Request for QuotationD. Planned Purchase OrderE. Advance Shipment and Billing NoticeAnswer: C225. Which three purchasing Electronic Data Interchange (EDI) transactions are supported in the e-CommerceGateway? (Choose threE. )A. QuotationB. Update SupplierC. Supplier item creationD. Request for QuotationE. Purchase Order Change OrderF. Advance Shipment and Billing NoticeAnswer: AEF226. Which two initial procedures are performed when using transaction interfaces in Oracle Purchasing? (Choosetwo.)A. Populate the open interface tables.B. Enable the Receiving Open InterfacE.C. Run the Purchase Order Open InterfacE.D. Run Oracle Payables concurrent process.E. Run Oracle Purchasing concurrent process.Answer: AE227. Which transaction interfaces does Oracle Purchasing use to support other systems?A. Ordering open interface, Invoicing open interface, Supplier open interfaceB. Supplier open interface, Requisition open interface, Receiving open interfaceC. Invoicing open interface, Purchasing documents open interface, Receiving open interfaceD. Requisition open interface, Supplier open interface, Purchasing documents open interfaceE. Receiving open interface, Requisition open interface, Purchasing documents open interfaceAnswer: E228. The functional currency of Company X is USD. Company X placed a purchase order on supplier Y on01-SEP-2007, for one unit of item A at a unit price of Euro 80. According to the exchange rate on 01-SEP-2007,Euro 80 = USD 100.Goods are received on 05-OCT-2007. The exchange rate changes and Euro 80 is now equivalent to USD 105.The standard cost of the item is USD 75.Freight charge = USD 10.Handling charge = USD 5.The Purchase Price Variance for this transaction is _____.A. USD 25B. USD 30C. USD 35D. USD 40E. USD 45F. USD 50Answer: A229. A global organization is setting up its multiorganization enterprise structurE.Identify three correct statements. (Choose threE. )A. A purchasing user with a single responsibility can operate on multiple operating units.B. You must have at least one subinventory per Inventory Organization for transactions to take placE.C. The ledger is at the highest level in the enterprise structure and two legal entities can share the same operatingunit.D. Two separate ledgers cannot have the same components: Accounting Calendar, Chart of Accounts, andFunctional Currency.E. An operating unit limits the Purchasing and Order Management transactions but the corresponding Payablesand Receivables modules can be defined in a different operating unit.F. The enterprise structure defines organizations that represent functional, management, and reporting groups butnot the accounting reporting scheme used by the enterprisE.Answer: ACD230. Which two statements are correct about defining inventory organizations and locations? (Choose two.)A. A subinventory can be shared across two inventory organizations.B. You can restrict a location tagged as Global to a specific inventory organization.C. The item master is always the validation organization in a multiorganization structurE.D. When the location is tagged as Global, it is NOT mandatory to select an international address style (whereavailable).E. While defining a location that is local, you must ensure that the Ship Location and Ship-To site are always thesamE.Answer: BD231. Company X is identifying the major aspects of its inventory organization structure and definitions.Which two actions or statements would be correct? (Choose two.)A. An inventory location can be an Office Site only if it is also a registered officE.B. It can consider manufacturing facilities, warehouses, distribution centers, and branch offices, as well as otherentities.C. It does not need a minimum of two inventory organizations in a master/child relationship, but it is a bestpractice to do so.D. The financial impact of inventory parameters is limited to Purchase Price Variance and Intransit Account forinterorganization shipments, and Transfer Credits for the sending organization.E. You can control inventory organizations across different operating units from one responsibility but you cannothave it default to one operating unit. The last used operating unit used before you log off would default when youlog in the next timE.Answer: BC232. Company X is a global organization with its head office in the US. The head office is part of the US BusinessGroup.Company X makes most purchases centrally from its Singapore warehouse, which is their regional headquartersunder their APAC Business Group. The Singapore warehouse then supplies the offices in other countries.You are required to create a purchasing location for this Singapore sitE. Which are the three correct setups forcreating this location? (Choose threE. )A. It is required to select the Internal Site option.B. Do not enter the address for this location, because it is Global.C. Specify the Singapore Inventory Organization under the Other Details taB.D. Select the Ship-To Site option, but ensure that it is the same as the Ship Location.E. Do not tag it as a Global location, because it does not belong to the Head Office US Business Group.F. Selection of the Bill-To Site option is mandatory only if the Singapore site receives invoices from the suppliersas well.Answer: ADF233. ABC is a multinational manufacturing company with its head office in the US.It has operations in three regions: North America, Europe, and Asia PacifiC. All three regions have similarproduct lines, structures, and processes.Which three statements could be true about the structure of ABCs multinational organization? (Choose threE. )A. Setup requires only one business group across all three regions.B. ABC has one item master, which is not the validation organization.C. Germany has one legal entity with two operating units assigned to it.D. It is mandatory to assign the International Address Style for Germany.E. Germany has two purchasing Ship-To locations that are tagged as Global.F. Germany has one inventory organization that is assigned to the two operating units.G. Germany has one purchasing responsibility assigned to the two operating units for Germany.Answer: ABE235. A multinational company operates in three countries, with one operating unit (OU) in eacH.Each OU is linked to one inventory organization. One of the inventory organizations is a manufacturing plant.Which two statements are correct? (Choose two).A. A location is a legal address, it cannot be a Ship-To site for more than one country.B. A location is unique to a specific OU responsibility when the Global check box is selecteD.C. When a location is flagged as local, you must assign the local inventory organization to it.D. The Ship-To location and Ship-To site for the same inventory location can be in different countries.E. You cannot set a default receiving location in the Receiving Options for each inventory organization.Answer: DE236. Which two Oracle applications do not need to use a defined supplier? (Choose two.)A. Oracle PlanningB. Oracle PayablesC. Oracle PurchasingD. Oracle Property ManagerE. Order Advanced Supply Chain PlanningAnswer: AE237. Which two modules do not use a defined supplier? (Choose two.)A. PayablesB. PurchasingC. General LedgerD. Property ManagerE. Order ManagementAnswer: CE238. A supplier is not required on a _____.A. InvoiceB. ReceiptC. QuotationD. RequisitionE. Purchase OrderF. Request For QuotationAnswer: D239. Which four sources of information default records into the Supplier Header? (Choose four.)A. Invoice OptionsB. System OptionsC. Financial OptionsD. Payables OptionsE. Receiving OptionsF. Purchasing OptionsG. Approved supplier listAnswer: CDEF240. Which two documents would NOT show a supplier site in the supplier list of values when the supplier site isdefined as a purchasing site? (Choose two.)A. InvoiceB. PaymentC. QuotationD. Purchase OrderE. Request for QuotationAnswer: AB241. In defining supplier sites, which navigation path would you use?A. (N) Supply Base > Suppliers > LocationsB. (N) Supply Base > Suppliers > OrganizationC. (N) Supply Base > Suppliers > Address BookD. (N) Supply Base > Suppliers > Contacts DirectoryE. (N) Supply Base > Suppliers > Business ClassificationAnswer: C242. Which are the four benefits of employing sound naming conventions while defining suppliers? (Choose four.)A. accurate supplier reportingB. prevention of incorrect returnsC. improved system performanceD. prevention of duplicate receiptsE. prevention of duplicate invoicesF. prevention of duplicate paymentsG. prevention of incorrect receipt inspectionsAnswer: ACEF243. Which three processes would help analyze supplier information before defining a new supplier record?(Choose threE. )A. Submit and review the Suppliers Report.B. Submit and review the Suppliers Audit Report.C. Perform a Find or Query on the Supplier namE.D. Submit and review the Suppliers On Hold report.E. Submit and review Purchase Price Variance report.F. Submit and review the Purchasing Activity Register report.G. Submit and review Open Purchase Orders By Buyer report.Answer: ABC244. Which three financial options can be defaulted when you enter a new supplier? (Choose threE. )A. Ship ViaB. Default BuyerC. RFQ-Only SiteD. Bill-To LocationE. Supplier ClassificationF. Payment Bank AccountAnswer: ACD245. Which three attributes can you set up in the Financials Options window from Purchasing/Payables? (ChoosethreE. )A. Freight TermsB. Exchange RateC. Liability AccountD. Employee NumberE. Invoice Match OptionF. Default Payment TermsAnswer: ACD246. Which two are vendor-type lookup codes? (Choose two.)A. SupplierB. EmployeeC. Pay GroupD. Tax AuthorityE. Minority GroupAnswer: AB247. If you have Purchasing as the only installed application, in which two tabs in the Financial Options windoware you required to enter information? (Choose two.)A. TaxB. AccountingC. EncumbranceD. Human ResourcesE. Supplier-PurchasingAnswer: BE248. When implementing Purchasing at FGH Corp., you notice several administrative inefficiencies due to apoorly maintained supplier list.Identify three inefficiencies. (Choose threE. )A. entering suppliers twiceB. issuing specific invoicesC. generating inaccurate returnsD. generating inaccurate receiptsE. generating accurate supplier reportsF. issuing more payments than necessaryG. issuing more purchase orders than necessaryAnswer: AFG249. Which three features does the iSupplier Portal provide for maintaining suppliers? (Choose threE. )A. Ship ViaB. AddressesC. Bill-To LocationD. User registrationE. Ship-To LocationF. Business classificationAnswer: BDF250. If an open interface is not available for conversion of suppliers, which two tasks need to be performed beforeconverting current supplier records from legacy systems? (Choose two.)A. Identify which suppliers to convert.B. Conduct a survey among suppliers.C. Set the next automatic supplier number to be assigneD.D. Determine the conversion reconciliation method to usE.E. Communicate approved purchasing documents to your suppliers.Answer: AD251. Which window in Purchasing would you use to copy an existing global Approved Supplier List entry andmake it local to your organization?A. Supplier StatusB. Request For QuotationC. Supplier-Item AttributesD. Approved Supplier List StatusesE. Sourcing Rule/Bill of Distribution AssignmentsAnswer: C252. Which Approved Supplier List (ASL) entry would take precedence for an item?A. Local entry that applies to your suppliers.B. Global entry that applies to your suppliers.C. Local entry that applies only to your organization.D. Both local and global entries that apply to your suppliers.E. Global entry that applies to all organizations of your company.Answer: C253. Which three are correct security/access levels for purchasing documents? (Choose threE. )A. AllB. BuyerC. PublicD. OwnerE. HierarchyF. PurchasingAnswer: CEF254. Which three statements are true regarding purchasing document security levels and access levels? (ChoosethreE. )A. A standard purchase order with View Only access can never be modifieD.B. Modify access level allows the user to view, modify, or cancel the document.C. A quotation with security level Public and access level Modify can be set to Freeze by any employeE.D. A planned release created by Buyer1 set at the security level of Purchasing and access level Modify can becancelled by Buyer2.E. When a requisition is set at security level Private and access level Full, the employees manager (who is theemployees immediate approver) can close it.F. The blanket purchase agreement (BPA) is set at the security level of Purchasing and access level Modify. B1and B2 are two employees defined as Buyers. When a BPA is created by B1, B2 can cancel it.Answer: CDE255. Identify two statements that are true regarding the defining of your purchasing document approval androuting process. (Choose two.)A. Pre-Approved documents do not need to be approved by the next approver.B. Oracle Approvals Management is used to configure Purchase Order approval workflows.C. When a requisition is approved, the corresponding purchase order does not need to be approveD.D. It is possible to have different approval routing processes for Purchase Requisitions and Internal Requisitions.E. A planned purchase order and its corresponding planned (scheduled) release can have separate approval limits.Answer: DE256. Which three are valid setup options for purchasing document types? (Choose threE. )A. Archive OnB. Forward MethodC. Default HierarchyD. Security Access LevelE. Can Change HierarchyF. Owner Cannot ApproveSupplier-PurchasingAnswer: ABC257. The Direct Forward method routes documents _____.A. to the person with the highest approval authorityB. to the position with the highest approval authorityC. to the employees supervisor, regardless of whether that person has the authority to approveD. to the next employee in the hierarchy who has the requisite approval authority to approve the documentE. to the next position that has approval authority, regardless of whether it has the requisite authority to approveAnswer: D258. Which two statements are true regarding approval workflows in Purchasing? (Choose two.)A. You can limit approval levels in an Approval Group by Item Category.B. Approval routing can cut across legal entities within a business group.C. A Purchase Requisition and a Standard Purchase Order cannot have different approval levels.D. The Hierarchy Forward Method routes the document to the first approver in the hierarchy who has the requiredapproval limits for that document.E. During Position Hierarchy setup, a constraint that must be considered is that the Subordinate must not be themanager of the Position Holder in their regular job roles.Answer: AB259. Your client created a purchase requisition with a total amount of $10,000.Your clients approval amount for purchasing requisitions is $5,000.The clients direct managers requisition approval level is $9,000 and the senior manager has an approval level of$20,000.The approval method is set to Employee/Supervisor, the Forward Method in the Document Types window is set toDirect, and the Can Change Forward-To in the Document Types window is set to No.Your client wants the direct manager to review the requisition electronically before it is approveD. What is therecommended method to achieve this goal?A. Advise your client to change the Forward-To on the requisition to the manager.B. Advise your client to print the requisition, scan it into an email, and then email it to the clients manager.C. Advise the direct manager to have the senior manager forward the requisition back to the client beforeapprovinG.D. Advise your client to have the manager review the requisition via the requisition summary form beforesubmitting the requisition for approval.Answer: D260. While defining Approval Groups, which three objects can you define authorization rules for? (ChoosethreE. )A. BuyerB. LocationC. CommodityD. Item CategoryE. Account RangeF. Document AmountAnswer: BDE261. Your clients department administrative assistant (only) is allowed to self-approve the office suppliesrequisitions up to $5,000.00. For all other types of requisitions, there is no approval authority.The companys location is Ann Arbor.The purchasing category for office supplies is OfficE. Supplies.The chart of accounts follows this format: Company.Business Group.Cost Center.Account.FuturE.Your clients company account code is 01, business group is 100, cost center (or department) is 560, theaccount for office supplies is 67549, and the future segment is always 000000.Which approval group setup would enable this restrictive purchasing practice?A. Document Total: Amount Limit = $5,000.00Location: Amount Limit = $5,000 and Location = Ann ArborCategory Range: Amount Limit = $10,000Category Range: From x.Supplies To: OfficE. SuppliesB. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000.Account Range: From: 01.100.560. 67549.000000 To 01.100.560. 67549.000000Category Range: Amount Limit = $5,000Category Range: From OfficE. Supplies To: OfficE. SuppliesC. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000Account Range: From: 01.100.560. 67549.000000 To: 01.100.560. 67549.000000Category Range: Amount Limit = $5,000Category Range: From: OfficE. Supplies To: OfficE. SuppliesRequisition Document Type setup = Owner can ApproveD. Document Total: Amount Limit = $0.00Account Range: Amount Limit = $5,000Account Range: From: 01.100.560. 00000.000000 To: 01.100.560. 99999.000000Location: Amount Limit = $5,000 and Location = Ann ArborE. Set the Document Total object to include an amount limit of $5,000.00Answer: C262. Which are the two mandatory setup steps required during the creation of a new position hierarchy? (Choosetwo.)A. Create a joB.B. Create and assign a buyer.C. Assign a supervisor to all employees.D. Enable Position Hierarchy in Financials Options.E. Assign charge accounts for all employees in the position hierarchy.F. Ensure subordinates match the employee-supervisor assignment in Human Resources.Answer: AD263. Identify two implementation considerations for document security, routing, and approval. (Choose two.)A. A position hierarchy can never be the same as the employee-supervisor hierarchy.B. You can define either the document total or an account range in an Approval Group.C. You must complete the relevant purchasing options before setting up the Position Hierarchy for purchasingdocuments.D. You must define one position hierarchy, including all positions that require access to the document types youwant to control, with a Security Level of Purchasing.E. All potential approvers must have a login username; if you forward a purchasing document to an approver whodoes not have a login username, purchasing alerts you with a warninG.Answer: CE264. Identify two correct statements in the context of implementing document security, routing, and approval.(Choose two.)A. You use the Oracle Approvals Manager engine for more complex purchase order approval routings.B. A job must be defined and assigned to a position irrespective of the approval routing option chosen.C. The positions in the position hierarchy do not need to track the supervisor hierarchy for employees in theorganization.D. You must set up attributes, conditions, and approval types as a prerequisite to setting up rules in OracleApprovals Manager.E. You need to run the Fill Employee Hierarchy process only when you change the positions in the positionhierarchy, and not for any employee-position assignment changes.Answer: CD265. Select three true statements regarding document control during its lifecycle of creation-routing-approval.(Choose threE. )A. An approver of a purchase order can never cancel the requisition linked to the purchase order linE.B. You can never change the approval path after a purchasing document is assigned a particular approvalhierarchy.C. You can assign an offline approver as a proxy in the absence of the regular approver for a requisition or apurchase order.D. An approver cannot change the delivery schedule of a planned release, which is automatically generated fromOracle PlanninG.E. The Manage Global Agreements function security determines whether you can perform control actions onglobal agreements only.F. You can cancel a group of requisition lines that have the same account code across multiple requisitions byusing the MassCancel window.Answer: CEF266. Which four must be set up to implement a position hierarchy for document approvals? (Choose four.)A. BuyersB. Employee JobsC. Approval GroupsD. Security HierarchyE. Employee PositionsF. Employee LocationsG. Approval AssignmentsAnswer: BCEG267. Company X is a global company with operations in three regions: North America, Europe, and AsiA. Eachregion has a separate business group, and one legal entity attached to each business group.North America has two operating units (OU) and the other two regions (Europe and Asia) have one OU eacH.Identify two correct statements regarding purchasing document approval and routing processes. (Choose two.)A. All three regions must share the same approval hierarchy.B. North America can have two sets of Approval Groups, one for each OU.C. North America can have only one set of Approval Groups to share across each OU.D. Each region can have a different type of hierarchy: Employee/Supervisor or Position Hierarchy.E. Each region can have a different approval hierarchy, but all three regions must use the same type of hierarchy:Employee/Supervisor or Position Hierarchy.Answer: BD268. ABC is a multinational company that is headquartered in the US. ABC has one site each in the US, Germany,and Mexico.In the multiorganization structure, all three sites share a single business group.Each site has a separate legal entity and a separate operating unit.They decide to use the Position Hierarchy option for their purchasing document approvals. Which statement istrue for ABC?A. Each site can have its own Approval Hierarchy, Approval Groups, Approval Assignments, and Positions.B. All three sites must share the same Approval Hierarchy, Approval Groups, Approval Assignments, andPositions.C. Each site can have its own Approval Groups, Approval Assignments, and Positions, but the Approval Hierarchymust be different.D. All three sites can share the same Approval Hierarchy, but the Approval Groups, Approval Assignments, andPositions must be different.E. Each site can have a separate Approval Hierarchy and Positions, but the Approval Groups and ApprovalAssignments must be the samE.Answer: A269. A medium-sized multinational company based in US has two business groups (BG), BG1 (for US) and BG2(for Europe), with position approval hierarchies H1 and H2, respectively.The company has a policy that only the Controllers and those above them can approve capital items onrequisitions and purchase orders. However, the Purchase Manager (who reports to the Controller) must also beable to authorize capital purchases.The account range for capital items is: 2000-2599.The relevant approval limits are:1) Purchase Manager in both BGs: $100,0002) Controller in BG1: $500,0003) Controller in BG2: $200,000Which two options represent a valid and efficient approval process? (Choose two.)A. An employee in BG2 raises a requisition for $5000. This is verified by the employees manager and forwardedto the group Controller in BG1 who approves it.B. An employee in BG2 raises a capital requisition for $250,000, which is verified by the employees manager andthen forwarded to the group Controller in BG2 who approves it.C. The buyer in BG1 raises a standard purchase order for $250,000 with the charge account 2106. The PurchaseManager verifies it and forwards it to the controller in BG1 who approves it.D. A buyer in BG2 raises a purchase order for $10,000 with charge for inventory items to be stocked in an assetsubinventory. The Purchase Manager in BG2 verifies and forwards it to the Controller in BG2.E. The shop floor supervisor in BG1 raises a requisition for a new drilling machine for $250,000. The supervisorsmanager (Production Manager) verifies the requisition and forwards it to the Controller in BG1 for a finalapproval.F. The Purchase Manager in BG2 raises a requisition for $5000 for computer equipment. The Controller in BG2approves it and instructs the buyer to ensure a 2-year warranty on this equipment. The buyer in BG2 places theorder on the supplier.Answer: CF270. During the RFQ lifecycle, the RFQ is assigned certain statuses. Identify the RFQ lifecycle and its correctsequencE.A. In Process, Active, Printed, ClosedB. Active, Printed, Accepted, CompleteC. Active, In Process, Received, CompleteD. In Process, Received, Accepted, ClosedE. Requested, Printed, In Process, ReceivedAnswer: A271. There are several types of RFQ, including Catalog RFQ, Standard RFQ, and Bid RFQ.There are only two classes of RFQ. Identify the two valid classes and their appropriate purposes. (Choose two.)A. Bid Class, which supports ShipmentsB. Standard Class, which supports ItemsC. Planned Class, which supports CatalogsD. Catalog Class, which supports Price BreaksE. Cost Class, which supports Bid Price BreaksF. Category Class, which supports Supplier CatalogsG. Contract Class, which supports Total Dollars Agreed toAnswer: AD272. A Quotation may be verbal or written. When a supplier responds to an RFQ, their quoted information needsto be recorded in the system.Which are the documented methods of loading the supplier quote into the system?A. SQL *Loader Script, Manual, and e-Commerce GatewayB. Manual load, and using the Purchasing Documents Open InterfaceC. Spreadsheet Loader, Purchasing Documents Open Interface, and Manual loadD. Using Copy Documents window to create the quotation directly from the RFQ, Manual load, and Data Loader.E. Data Loader, Manual load, Purchasing Documents Open Interface, and using Copy Documents window tocreate the quotation directly from the RFQ.F. SQL *Loader Script into the Purchasing Documents Open Interface, Manual load, using Copy Documentswindow to create the quotation directly from the RFQ, and e-Commerce Gateway.Answer: F273. The Quotation lifecycle contains three statuses, In Process, Active, and CloseD.When would you choose the Active status?A. When you create the quotation.B. When you approve the suppliers quotE.C. When the quote is received and approveD.D. When the supplier quote is received and entereD.E. When the quotation is complete and ready to be approveD.F. When you receive the quote within the quotes Effectivity Dates.Answer: E274. RFQs and Quotations have setups in the following areas: Purchasing Control Options, Lookup Codes, andProfile Options.Select the two options that contain correct setups, for both the Purchasing Control Options and the Profile Options.(Choose two.)A. Purchasing Control Options: Quotation Numbering, Line Type, and Quotation RequiredB. Profile Options: PO: Write Server Output to File, and PO: Warning Delay Days NumberC. Purchasing Control Options: RFQ Numbering, Quote Warning Delay, and RFQ RequiredD. Profile Options: PO: Display AutoCreated Quotation, and PO: Warning Delay Days NumberE. Purchasing Control Options: RFQ & Quotation Numbering, Quote Warning Delay, and Quotation RequiredF. Profile Options: PO: Price Tolerance (%) for Catalog Updates, and PO: Warn if RFQ Required beforeAutoCreateAnswer: CF275. During implementation, there are various additional things that need to be considered for RFQs andQuotations.There are seven documented areas to consider, as well as some common sense considerations. Select five optionsthat accurately depict thesE. (Choose fivE. )A. Data Cleanup is not important.B. RFQ and Quotation Usage is important.C. Data Mapping for RFQs Open Interface is important.D. RFQ and Quotation Conversion strategy is important.E. Data Cleanup of legacy RFQs and Quotes is important.F. Data Mapping from the legacy RFQs and Quotes is important.G. Quotation Usage and RFQ Usage does not matter because RFQs cannot be converteD.H. The method by which RFQs are delivered to potential suppliers (Printed Forms) is important.I. Training on RFQ and Quotations is not necessary because the quotations are automatically created intoRequisitions.J. You should just create new RFQs in the new system so that the linkage between RFQs and Requisitions can bemaintaineD.Answer: BDEFH276. Your customer wants to convert both RFQs and Quotations to have tracking for Small Business Audit trail.The volume for quotations is very high, and only Approved RFQs and Quotations are being converteD.What would you recommend as the best conversion strategy for RFQs and Quotations?A. Data Load both RFQs and Quotations.B. Manually enter both RFQs and Quotations.C. Manually enter RFQs, and Data Load Quotations.D. Use the Purchase Documents Open Interface for both RFQs and Quotations.E. Use the Purchase Documents Open Interface for RFQs and Data Load Quotations.F. Manually enter RFQs, and use the Purchase Documents Open Interface for the loading of Quotations.Answer: F277. Identify the four possible predefined actions for business rules that you can associate with a supplier status inan Approved Supplier List. (Choose four.)A. SourcingB. PO ApprovalC. Quote ApprovalD. Manufacturer LinkE. Supplier ScheduleF. Planning ConfirmationG. Schedule ConfirmationAnswer: ABDG278. Select the best business practice for a supplier that is being newly added to the Approved Supplier List.A. Allow PO Approval, Sourcing, Schedule Confirmation and Manufacturer LinkB. Allow PO Approval, Sourcing and Schedule Confirmation but not Manufacturer LinkC. Allow PO Approval, Sourcing and Manufacturer Link but not Schedule ConfirmationD. Allow PO Approval, Schedule Confirmation and Manufacturer Link but not SourcingAnswer: C279. Identify two situations in which item information on a requisition CANNOT be sourced from the ApprovedSupplier List. (Choose two).A. The supplier status is New.B. The Approved Supplier List is disabled at the line level.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 supplier status is set to Debarred, but the business rule Sourcing is set to Allow.Answer: BC280. Which two statements are true about setting up an Approved Supplier List? (Choose two.)A. An Approved Supplier List is used only for items and not for services.B. A Global Agreement cannot be set up as a source document for a requisition.C. A blanket purchase agreement cannot be set up as a source for an item in a purchase order linE.D. You can get the price breaks to default to a requisition from a quotation or a blanket purchase agreement.E. You do not need to set the profile option PO: Automatic Document Sourcing to Yes, in order to get the sourcedocument information for a service (as opposed to an inventory item).Answer: CD281. Company X is establishing the Approved Supplier List (ASL) statuses and other attributes.Select two statements that are true about this process. (Choose two.)A. Every item in an ASL must have a supplier and a supplier site assigned to it.B. You must set the profile option PO: Document Sourcing to Yes, as a first step towards establishing an ASL.C. The supplier and supplier site on an ASL must be the same on the sourcing rule for every item that is listed onthe ASL.D. Services line information can default to a standard purchase order from a contract purchase agreement, withouthaving to set up an ASL.E. If you do not run the Generate Sourcing Rules and ASLs from Blanket Agreements concurrent program, theASLs would not work for any inventory organization.Answer: CD282. Identify four ways in which sourcing rules significantly improve efficiency of procurement processes.(Choose four.)A. Allowing you to transfer from one supplier site to the other, if it is a global supplier.B. Assigning sourcing rules at the item or item-organization level using an assignment set.C. Giving you the ability to identify the priority to be given to the local sites of a global supplier.D. Sourcing the highest percentage of an item from only those suppliers who ranked the highest.E. Allowing you to identify the most efficient shipping method to be used for a specific sourcing rulE.F. Automatically allocating planned orders across different suppliers based on predetermined criteria such as rankand percentagE.G. Allowing the implementer to define a single sourcing rule for an item at the Item Master level, to cater to allinventory organizations.Answer: BCEF283. Which two statements are true about sourcing rules? (Choose two.)A. Item categories cannot be used in sourcing rule assignments.B. You cannot source Request for Quotation information from a Requisition.C. Multiple sourcing rules can be assigned to a specific item for different customers.D. Products can be sourced from manufacturing organizations across operating units.E. A single line on a sourcing rule can be set up for all organizations across operating units.Answer: CD284. You have performed all the prerequisite setups for the creation of sourcing rules for items to be included in ablanket purchase agreement (blanket). However, when the buyer tries to approve the blanket, a caution isdisplayed stating that no sourcing rules are createD.What could be the two reasons for this? (Choose two.)A. Approved supplier list is not defined for the sourcing rulE.B. The blanket purchase order Start Date and End Date are null.C. The buyer did not have the necessary approval authority to create sourcing rules.D. Items on blanket do not have the Purchased and Purchasable item attributes enableD.E. The blanket effective period overlaps with the multiple effective periods in the sourcing rulE.Answer: BE285. The buyer decides to automatically update and create sourcing rules, as part of the blanket purchaseagreement approval process. However, on clicking the Approve button, the buyer does not see any option toupdate and create blanket purchase sourcing rules.Which profile option has the buyer failed to set up?A. PO: Automatic Document SourcingB. MRP: Default Sourcing Assignment SetC. PO: Allow Auto-generate Sourcing RulesD. PO: Allow Autocreation of Oracle Sourcing DocumentsAnswer: C286. Which two statements are true about automatic sourcing of information from a document to a requisition orpurchase order? (Choose two.)A. A blanket purchase agreement is higher in priority than a global agreement.B. A standard purchase order gets source document information from a blanket purchase order.C. A requisition with a contract purchase agreement as a source document becomes a standard purchase order.D. You do not need to set the profile option PO: Automatic Document Sourcing to Yes if your source is a globalagreement.E. When you raise a requisition for an item that appears on a quotation as well as a blanket purchase agreement,the latest of the two is chosen.Answer: AC287. Identify two true statements about Sourcing Rules, Approved Supplier List (ASL) and other automaticsourcing mechanisms for a purchasing document. (Choose two.)A. The Approved Supplier Lists are listed in the Supplier Item CataloG.B. A service line that is entered on a requisition can be linked to a Contract Purchase Agreement, but the pricingmust be entered manually.C. If you must source an item from a blanket purchase agreement, you would first need to establish a requisitionbefore raising a Purchase Order.D. Source information for an item on an Internal Requisition can be obtained automatically from a BlanketAgreement in the sourcing organization.E. When an item is entered on a requisition line, and an assignment does not exist for the item and relevantinventory organization, the supplier with the highest rank is always chosen.Answer: BC288. Select three true statements about the default of sourcing information for requisitions and purchase orders.(Choose threE. )A. The item price on a requisition can be defaulted from the item attribute setup.B. Buyer name cannot be defaulted onto a requisition, but you can assign notes to a buyer.C. You can modify the last name of the requester defaulting from the Human Resources employee recorD.D. You must use the Transfer From assignment on a sourcing rule for item information to default onto an internalrequisition.E. When you assign a commodity to an approved supplier list, you do not need to assign the individual items inthe commodity.F. You can have the same item on a quotation and a blanket agreement but the supplier or supplier site must bedifferent, so that it can default onto a requisition linE.Answer: ADE289. The purchasing manager of ABC Corp., needs to procure aluminum sheets. The purchasing manager wants todefault supplier, site, and source document information on the requisition.The purchasing manager creates an approved supplier list and sourcing rule, but does not associate any sourcedocument in the approved supplier list.A global agreement, a quotation, a request for quotation (RFQ) and a blanket agreement exist for this item.The purchasing manager sets the PO: Automatic Document Sourcing to Yes.The supplier and supplier site information are as follows:GLOBAL AGREEMENT : SUPPLIER A SITE1QUOTATION : SUPPLIER A SITE2RFQ : SUPPLIER B SITE1BLANKET AGREEMENT : SUPPLIER B SITE2Which supplier and supplier site would default on the requisition?A. SUPPLIER B, SITE2B. SUPPLIER A, SITE2C. SUPPLIER A, SITE1D. SUPPLIER B, SITE1E. No supplier or site information would be populateD.Answer: A290. Identify three valid processes or steps in implementing approved supplier lists and sourcing rules. (ChoosethreE. )A. Review the timeliness of supplier deliveries.B. Map business requirements for reports using standard Oracle reports.C. Define the item attribute Use Approved Supplier for relevant items in the item master.D. Establish sourcing rules while converting source documents from legacy systems into OraclE.E. Match the supplier site information for every item on an approved supplier list to the supplier headerinformation on a sourcing rulE.Answer: ACD291. Identify two instances when an approved supplier list is redundant for automatic sourcinG. (Choose two.)A. A sourcing rule exists for an item-supplier-supplier site combination.B. You need to source service lines and Oracle Sourcing is implementeD.C. Items are sourced from a manufacturing plant across countries/operating units in a multinational company.D. You need to default source information on an item that is on a blanket purchase agreement and a quotation.E. You need to source information from a global agreement to a standard purchase order and the profile option PO:Automatic Document Sourcing is set to Yes.Answer: BE292. An approved supplier list (ASL) is being defined in a multiorganization environment.Which two statements are valid? (Choose two)A. Setting up a Global ASL is mandatory.B. If a supplier item has a local ASL setup, you cannot set it up on a Global ASL.C. The supplier for an item-supplier association must be global, while the supplier site can be local.D. Company X has set up Planning and would source planned orders. The approval status of the supplier can beset to New or ApproveD.Answer: CD293. ABC is a global company with operations in Europe, Asia, and South AmericA.Their procurement is centralized from Taiwan (for Asia and Europe) and Brazil (for South America) for most ofthe items.Which two statements are true? (Choose two.)A. You cannot raise an internal requisition if the item is not specified in the approved supplier list.B. The Taiwan and Brazil offices would be set up as internal suppliers, but they can be internal customers as well.C. Germany cannot raise an internal requisition on Taiwan to source an item and ship it directly to the customer inGermany.D. Item A has a global purchase agreement establisheD. It can be sourced from Taiwan or within Italy where alocal purchase agreement is established with the same supplier. In this case, the global purchase agreement alwaysoverrides the local purchase agreement on a requisition.Answer: AB294. A multinational company is setting up the sourcing rules and approved supplier list (ASL) to sourceinventory items across different organizations.Which two statements are true? (Choose two.)A. You do not need to create a local ASL if you create a Global ASL.B. Inventory organizations used in the sourcing rules must be set up in the Shipping Networks.C. You need to match the supplier between a sourcing rule and an ASL, but not the supplier sitE.D. The country of origin must be entered in the ASL, or it would not be available on the purchasing document.E. A commodity can be assigned to a supplier at both the global level and at the local level, and the local levelassignment takes precedencE.Answer: BE295. A global manufacturing organization (GLO) has multiple sourcing rules and approved supplier lists (ASLs)that are set up correctly.Three of the inventory organizations are ITA, NYC, and GER. NYC is a manufacturing organization and the othertwo are distribution warehouses. The three organizations source items from each other.Which two statements are valid? (Choose two.)A. One global location is sufficient for the three organizations.B. Three lines were set up on a sourcing rule and the sourcing rule was assigned to a single Assignment Set.C. A sourcing rule is set up for a supplier but no ASL. When an item is entered on a requisition for this supplier,the supplier information would not be defaulteD.D. The price for item A is set in ITA at P1 and in GER at P2. When you raise an internal requisition for item A indestination org ITA and source org GER, the defaulted price is P2.E. ITA has a sourcing rule to source a part from GER. You also assign a bill of distribution to ITA to source the same part from the manufacturing plant NYC. The default source would be GER.Answer: BE296. Due to the volume of manual requisitions she has to enter today, the buyer/planner for ABC Corp. decides toset up requisition preferences.What are the key features and restrictions of using requisition preferences? (Choose four.)A. They are unique by supplier.B. They can be overridden if necessary.C. They are in effect for the current session.D. They provide default values when creating requisitions.E. Using preferences speeds up and simplifies the creation of requisitions.F. They stay in effect as long as you do not log out, even if you change responsibilities.G. A key feature is that multiple buyers can use the same requisition preferences without creating their own.H. They provide default values for the requisition header only, and not line information because each line isunique in naturE.Answer: BCDE297. The buyer/planner for ABC Corp. wants to use a tool to facilitate the entry of requisitions.She needs the tool t