Oracle 1Z0-1023 Online Practice Questions and Exam Preparation

Oracle 1Z0-1023 Online Questions & Answers

• Question 31:

  Your organization is planning for a periodic counting of individual items automatically throughout the course of the year. As part of this activity, the user has loaded items to the cycle count but some of the Items are not being considered when count schedules and count sequences are not generated.

  Identify two reasons that explain why the items are not being considered.

  A. The Cycle Count Enabled flag is not selected for the item.
  B. The approval controls are not set up.
  C. The Include in Schedule option is not selected to include the item for auto-scheduling.
  D. The Cycle Count Enabled flag is not selected for the inventory organization.
  E. The ABC assignment group is not defined.
  C. The Include in Schedule option is not selected to include the item for auto-scheduling.
  E. The ABC assignment group is not defined.

• Question 32:

  You are currently implementing Oracle Cloud for the Singapore entity of your Multinational customer. Their head office is located in Japan. Apart from Singapore, their other entities are using a legacy system.

  Their requirement is to implement Oracle Cloud in such a way that at the end of the financial year, all their financial reporting should be in Japanese Yen.

  How will you fulfill the above requirement?

  A. Define two ledgers one in SGD (Singapore Dollars) and one in Japanese Yen and transfer data of all the subledgers in these two primary ledgers.
  B. Define one primary ledger with Japanese Yen currency so that all the subledger data gets converted to Japanese Yen automatically.
  C. This requirement cannot be fulfilled.
  D. Define one primary ledger with SGD (Singapore Dollars) as primary currency and use the reporting currency functionality to provide the necessary data in Japanese Yen currency.
  D. Define one primary ledger with SGD (Singapore Dollars) as primary currency and use the reporting currency functionality to provide the necessary data in Japanese Yen currency.

• Question 33:

  A third-party Service equipment is used for various purposes in a manufacturing facility and needs to be overhauled once a year. This equipment is charged based on its consumption without a project dependency.

  At this point, it should be transferred out to the vendor's warehouse for maintenance and then returned back in the future depending upon the requirement.

  The material stock transfer should happen with an offline approval and with an account alias as a logical reference.

  What is the ideal way to handle this process?

  A. Subinventory Transfer
  B. Transfer Order
  C. Move Request
  D. Miscellaneous Transaction
  E. Requisitions
  A. Subinventory Transfer

• Question 34:

  During Cloud Inventory implementation your customer requires you to enable the Oracle Transactional Business Intelligence (OTBI) KPI to review the list of standard reports which is useful for their Current business scenario. When navigating to reports and analytics, the warehouse dashboard doesn't show any KPI watchlist.

  Identify two causes.

  A. Supply Chain and Order Management Business Intelligence Analytics is not enabled.
  B. Logistics Business Intelligence Analytics is enabled.
  C. Organization is not enabled for warehousing.
  D. Data permissions for the organization being referenced are not set up.
  E. Logistics Business Intelligence Analytics is not implemented.
  A. Supply Chain and Order Management Business Intelligence Analytics is not enabled.
  E. Logistics Business Intelligence Analytics is not implemented.

• Question 35:

  Which three values are applicable for the profile option - "Transaction Processing Mode" for subinventory transfer and interorganization transfer?

  A. Blind Processing
  B. Offline Processing
  C. Background Processing
  D. Sequential Processing
  E. Online Processing
  F. Concurrent Processing
  C. Background Processing
  E. Online Processing
  F. Concurrent Processing

  ---

  Transaction Processing ModeYou can set processing control globally for all transactions or you can choose different options for each type of transaction. You establish the method of transaction processing by choosing one of the following

  options when you set up your TP:INV Transaction Processing Mode profile:

  On-line processing

  Processes transactions while you wait and returns control to you once it finishes.

  Background processing

  Returns control immediately to you. With this option, Oracle Inventory processes transactions on a periodic basis via the Inventory Transaction Manager.

  Immediate concurrent processing

  Spawns a concurrent process when you commit the transaction and returns control immediately to you, allowing you to continue working.

  Form level processing

  Processes transactions using the processing control option you choose for that particular type of transaction. You must also set the Inventory profile options for Inter-Organization Transfer, Miscellaneous Issue and Receipt, Receive Customer

  Return, Return to Customer, and Transfer Between Subinventories. If you are using Oracle Work-in-Process, you must set the WIP profile options Completion Material Processing, Completion Transaction Form, Material Transaction Form,

  Move Transaction, Operation Backflush Setup, and Shop Floor Processing.

  https://docs.oracle.com/cd/E18727_01/doc.121/e13450/T291651T291655.htm

• Question 36:

  Your client is about to define their primary ledger.

  which set of three primary attributes do they need to know in order to complete this?

  A. Currency, Description, and Accounting Method
  B. Chart of Accounts, Accounting Calendar, and Currency
  C. Chart of Accounts, Description, and Accounting Method
  D. Chart of Accounts, Ledger Balance, and Accounting Method
  B. Chart of Accounts, Accounting Calendar, and Currency

• Question 37:

  You have a high value item that you want to audit on an unscheduled basis to deter pilfering. Which method would you use to do this?

  A. Physical Inventory Count
  B. Blind Inventory Count
  C. Manual Cycle Count
  D. Automated Cycle Count
  E. ABC Count
  C. Manual Cycle Count

• Question 38:

  Which action invokes supply chain orchestration and transfer of data to supply chain orchestration interface tables?

  A. creating a new Inventory Organization for execution of supply Chain orchestration
  B. running a scheduled process called "Create Transactions"
  C. creating Purchase Order Receipt
  D. running Min-Max Planning
  A. creating a new Inventory Organization for execution of supply Chain orchestration

• Question 39:

  The physical inventory process is Carried out for and particular inventory organization with the following parameter:

  *

  Negative Quantity Tolerance Percentage is set to 10%

  *

  Approval Type = 'Always'

  The system says that there are 100 on hand, but you only counted 95. What will happen?

  A. An approval will be required before posting.
  B. The system will ask a user to recount before posting.
  C. Because the 95 is within the 10% tolerance, it will post without approval.
  D. The setup is invalid; it will give an error message.
  D. The setup is invalid; it will give an error message.

• Question 40:

  Your customer is a very large organization spanning across multiple countries. Their legal requirements, Human Resource Policies, and Functional Currencies for ledger are different for each country. Your customer wants to maintain 10 different companies in the system.

  Which combination meets this requirement?

  A. 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
  B. 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
  C. 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger
  D. 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger
  C. 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger