READ Free Dumps For Oracle- 1z0-520
| Question ID 3305 | Identify the correct sequence of steps in the purchase order period close business flow. |
| Option A | 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 Accrual Rebuild Reconciliation report. > 6. Write off accrued transactions as necessary. > 7. Create a manual journal entry for write-offs. |
| Option B | B. 1. Review the Uninvoiced Receipts report. > 2. Process period-end accruals. > 3. |
| Option C | C. 1. Process remaining inventory transactions and close the inventory accounting period. > 2. Run the Accrual Rebuild Reconciliation report. > 3. Write-off accrued transactions as necessary. > 4. Create a manual journal entry for writeoffs. > 5. Review the Uninvoiced Receipts report. > 6. Process period-end accruals. > 7. Close the purchasing period. |
| Option D | D. 1. Process remaining inventory transactions and close the inventory accounting period. > 2. Review the Uninvoiced Receipts report. > 3. Process period-end accruals. > 4. Close the purchasing period. > 5. Run the Accrual Rebuild Reconciliation report. > 6. Write-off accrued transactions as necessary. > 7. Create a manual journal entry for write-offs. |
| Correct Answer | A |
| Question ID 3306 | The warehouse has received new stock from an internal distribution warehouse. Which two receiving transactions can be used to put stock into the warehouse's inventory using the Intransit Inventory? (Choose two.) |
| Option A | A. Direct Receipt |
| Option B | B. Standard Receipt and Delivery |
| Option C | C. Inter organization Direct Receipt |
| Option D | D. Inter organization Receipt and Delivery |
| Option E | E. Inter organization Miscellaneous Receipt |
| Correct Answer | C,D |