Oracle 1Z0-1023 Online Practice Questions and Exam Preparation

Oracle 1Z0-1023 Online Questions & Answers

• Question 21:

  Your customer wants to prevent customer shipments out of a specific subinventory. They are setting up a material status to control this. Which transaction do they need to disallow?

  A. Sales Order Pick
  B. Sales Order Issue
  C. Move Request Putaway
  D. Ship Confirm
  E. Miscellaneous Issue
  B. Sales Order Issue

• Question 22:

  Your client has decided that Discrete Manufacturing will be Implemented at a future stage, so any new supply from current manufacturing will be added to current inventory by the Open Transactions Interface. The immediate requirement is to go live with Inventory and Order Management.

  Which two seeded transaction types can be omitted for material status control?

  A. Backflush Subinventory Transfer
  B. All Transaction Types Related to Work in Process
  C. All Internal Transactions
  D. Average Cost Update
  E. Miscellaneous Issues and Receipts
  A. Backflush Subinventory Transfer
  B. All Transaction Types Related to Work in Process

• Question 23:

  A shipment has not yet been created for a pick that you are running.

  How is the due date calculated?

  A. request date from the order line
  B. earliest acceptable date from the order line
  C. system date
  D. promise date from the order line
  E. schedule ship date from the order line
  E. schedule ship date from the order line

• Question 24:

  What are two outcomes when a lot expires on an item with lot control enabled?

  A. It cannot be reserved for a date beyond the expiration date.
  B. It is not included in cycle counts.
  C. It cannot be transacted.
  D. It remains in inventory, but is not considered on-hand when the user is performing min-max or reorder point planning calculations.
  E. It is issued out of stores.
  A. It cannot be reserved for a date beyond the expiration date.
  D. It remains in inventory, but is not considered on-hand when the user is performing min-max or reorder point planning calculations.

• Question 25:

  A customer has one Business Unit, two Legal Entities, and each have eight warehouses (defined as Inventory Orgs). While trying to set up Cost Organizations for each of these Legal Entities, you were unable to perform the mandatory step of assigning the Profit Center Business Unit for one set of eight Inventory Organizations; however, you could do it for the other set.

  What is the reason for this?

  A. There is no Inventory Validation Organization defined.
  B. The Legal Entity Setup is incomplete.
  C. The Business Unit is not enabled for Costing.
  D. There is no Business Unit associated with the Legal Entity.
  E. The General Ledger is not associated with Business Unit.
  D. There is no Business Unit associated with the Legal Entity.

• Question 26:

  As part of implementing Oracle Cloud for your customer, you defined multiple Business Units. The customer wants you to define an Inventory Organization that is associated with all the business units and not just one particular business unit. How do you achieve this?

  A. Leave the Management Business Unit field blank in the Inventory Organization definition.
  B. It is not possible to define an Inventory Organization that is associated with more than one business unit.
  C. Leave the Profit Center Business Unit field blank in the Inventory Organization definition.
  D. Define the Inventory Organization without associating it with any location.
  B. It is not possible to define an Inventory Organization that is associated with more than one business unit.

• Question 27:

  Your customer has received 50 boxes of item A (priced at $10 per box) and these Items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the Item valuation for Item A is still zero.

  What is the reason?

  A. Items are not consigned items and ownership is with the organization.
  B. Items are not consigned items but ownership is still with the supplier.
  C. Items are consigned and ownership is transferred to "owned".
  D. Items are consigned items and ownership lies with the supplier.
  D. Items are consigned items and ownership lies with the supplier.

• Question 28:

  Your customer decides to implement Cloud Procurement and Inventory. While discussing with your customer, you come to know that they have a business that spans across multiple locations and they have warehouses situated across USA and Canada.

  1.

  All their procurement, payables, and distribution activities take place from USA.

  2.

  They have a central warehouse in USA and after the goods are delivered to this warehouse, they are distributed across multiple additional warehouses. The warehouses are managed separately from the requisitioning units.

  3.

  For requesting material they have two units. One located in USA that monitors the current stock. They are responsible for creating requisition for any material shortage in USA. they have another location in Canada for requesting material.

  Which setup fulfills this scenario?

  A. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit
  B. BU3: USA - as requisitioning business unit Define Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit
  C. BU1: USA - as procurement and requisitioning Business Unit (BU) BU2: Canada - as requisitioning Business Unit Define Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for Canada Requisitioning Business Unit
  D. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for both Canada and USA requisitioning Business Units
  E. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit
  D. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for both Canada and USA requisitioning Business Units

• Question 29:

  You defined an Inventory Organization that is meant to track the contract manufacturing process outsourced to a supplier.

  Where do you mention that this Inventory Organization is meant for one particular supplier?

  A. Manage Inventory Organization Locations
  B. Manage Contract Manufacturing Relationships
  C. Manage Item Organizations
  D. Manage Inventory Organizations
  E. Manage Sublnventories
  D. Manage Inventory Organizations

• Question 30:

  An inventory transaction is imported to the system through an FBDI template.

  Which transaction state denotes that an inventory transaction is created in the Oracle Cloud Inventory Management application?

  A. Created
  B. New
  C. Validated
  D. Deferred
  E. Staged
  C. Validated

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  The Validated transaction state denotes an inventory transaction that is created in the Oracle Fusion Inventory Management application.

  https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/famml/manage-inventory-transactions.html#FAMML1153493