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- 1z0-520: Oracle EBS R12.1 Purchasing Essentials
Free 1z0-520: Oracle EBS R12.1 Purchasing Essentials Exam Questions and Answers
Last updated: April 21, 2025
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317-1z0-520: Oracle EBS R12.1 Purchasing Essentials
#Question
How can 'Supplier Feedback Programs' enhance procurement practices?
A.
They have no impact
B.
They complicate evaluations
C.
They provide valuable insights for improvement
D.
They lead to increased compliance risk
Correct Answer:
C
'Supplier Feedback Programs' enhance procurement practices by providing valuable insights that drive improvements in both supplier performance and procurement strategies.
#Question
In Oracle Purchasing, what key benefit does the 'Invoice Matching Process' provide?
A.
Complicates recordkeeping
B.
Streamlines payment processing
C.
Increases overhead costs
D.
Limits supplier engagement
Correct Answer:
B
The 'Invoice Matching Process' streamlines payment processing by ensuring that invoices align with purchase orders and receipt documents, reducing mismatches.
#Question
How does 'Supplier Diversity' support organizational goals?
A.
It reduces choices
B.
It fosters innovation and expands supplier base
C.
It increases risk
D.
It complicates sourcing strategies
Correct Answer:
B
'Supplier Diversity' supports organizational goals by fostering innovation and expanding the supplier base to include a variety of perspectives and solutions.
#Question
What is the advantage of 'Long-Term Supplier Contracts'?
A.
It complicates the approval process
B.
It fosters strong relationships and consistency
C.
It reduces flexibility
D.
It limits sourcing options
Correct Answer:
B
'Long-Term Supplier Contracts' foster strong relationships and consistency in supply, providing stability in pricing and quality over time.
#Question
How does positive supplier performance influence future procurement decisions?
A.
It complicates purchasing strategies
B.
It leads to disregarded contracts
C.
It diminishes supplier engagement
D.
It encourages stronger relationships and better pricing
Correct Answer:
D
Positive supplier performance encourages stronger relationships, leading to better pricing and terms in future procurement decisions.
#Question
How do 'Supplier Benchmarking' techniques benefit procurement?
A.
They limit supplier choices
B.
They provide insights into performance gaps
C.
They introduce unnecessary complexity
D.
They complicate supplier assessments
Correct Answer:
B
'Supplier Benchmarking' techniques provide insights into performance gaps, allowing organizations to enhance supplier relationships and procurement practices.
#Question
What indicates the need for 'Inventory Depletion Alerts' in purchasing?
A.
Low stock levels
B.
Periodic supplier evaluations
C.
Inconsistent supplier delivery
D.
Increased purchase orders
Correct Answer:
A
'Inventory Depletion Alerts' indicate the need for replenishment when stock levels fall below predetermined thresholds.
317-1z0-520: Oracle EBS R12.1 Purchasing Essentials
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