Oracle E-Business Suite R12.1 Purchasing Essentials: 1Z0-520

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 average cost.

C. The Expense AP Accrual account is used to accrue payable liabilities when you receive items you will capitalize as inventory.

D. The Purchase Price Variance account is used to record differences between the purchase order line price and the average cost.

E. The Exchange Rate Gain or Loss account is used to record differences between the exchange rate used for the purchase order and the exchange rate used for the invoice.

You applied a subassembly template for an item at the master level. Four main attributes of the subassembly template are:

-primary unit of measure (UOM): EA

-minimum order quanity: 5

-maximum order quantity: 10

-fixed lead time: 2

After applying the template, you find that the attributes are not correct. You correct the template with these attributes:

-primary UOM: LB

-minimum order quantity: 7

-maximum order quantity: 12

-fixed lead time: 4

You reapply the template.

Which attributes are updated in the item?

A. primary UOM: LB, minimum order quantity: 7, maximum order quantity: 12, fixed lead time: 4

B. primary UOM: LB, minimum order quantity: 5, maximum order quantity: 10, fixed lead time: 2

C. primary UOM: EA, minimum order quantity: 5, maximum order quantity: 10, fixed lead time: 4

D. primary UOM: EA, minimum order quantity: 7, maximum order quantity: 12, fixed lead time: 4

E. primary UOM: EA, minimum order quantity: 5, maximum order quantity: 12, fixed lead time: 2

Identity the profile option that is required Multi-Org Access Control for multiple Operating Units.

A. HR: User Type

B. MO: Operating Unit

C. MO: Security Profile

D. HR: Business group

E. MO: Default Operating Unit