Oracle 1Z0-1023 Online Practice Questions and Exam Preparation

Oracle 1Z0-1023 Online Questions & Answers

• Question 61:

  Your organization is using min-max planning to replenish stock and the planning parameters are set at item organization level with a default subinventory:

  Item: A, Min Qty: 25, Max Qty: 150 and Current Level: 20

  The item above is purchased from a supplier. Althrough there is subinventory on hand, the subinventory in below the minimum required level. This should trigger a Min-Max report entry, but the requisition in not generated. Why?

  A. Fixed lot multiplier is not set.
  B. Min-max planning Can be performed at the Organisation level.
  C. Rounding the Reorder Quantity is disabled.
  D. No value has been set for the "Min-Max Replenishment Reorder Approval" profile.
  E. Item is not defined in Manage item Subinventories.
  E. Item is not defined in Manage item Subinventories.

• Question 62:

  Your customer wants you to restrict the values of Receivables Transaction Type for their three business units. You created three reference data sets for each business unit. However, the user is still able to see the values in the Transaction Type list of values which are not defined in the business unit data set.

  What is the reason for this behavior?

  A. The user has multiple Business Unit Roles and, therefore is able to see additional values.
  B. Reference Data Sets cannot be used uniquely across business units. They can only be used at the Legal Entity level.
  C. Receivables Transaction Types are common across business units.
  D. The user is seeing the values defined in the common set. The values should be removed from the common set.
  C. Receivables Transaction Types are common across business units.

• Question 63:

  Identify three statements that are true about reservations in back-to-back processing.

  A. One reservation is created for a demand and supply.
  B. Reservation supplies that can be reserved are Purchase Orders. Transfer Orders, Work Orders, and On Hand inventory.
  C. Reservations cannot be created for back-to-back On Hand supply orders.
  D. Partial fulfillment of reservations is supported.
  E. Changes to reservation in Oracle Logistics Cloud leads to exceptions, which are displayed in the Supply Chain Orchestration work area.
  A. One reservation is created for a demand and supply.
  B. Reservation supplies that can be reserved are Purchase Orders. Transfer Orders, Work Orders, and On Hand inventory.
  E. Changes to reservation in Oracle Logistics Cloud leads to exceptions, which are displayed in the Supply Chain Orchestration work area.

• Question 64:

  Your client has not been managing Supply Request Exceptions on a regular basis.

  What issue does this cause?

  A. After the errors reach a set threshold in profile options, no new supply requests can be created
  B. If exceptions are not resolved within a set threshold days, it alerts the manager and continues to escalate up the Supply Request Exception Chain.
  C. Supply orders are not created for these exceptions, thus causing disruptions in the Supply Chain.
  D. No issues would be caused; these are just warnings.
  E. The request will be denied automatically if not resolved within two days.
  B. If exceptions are not resolved within a set threshold days, it alerts the manager and continues to escalate up the Supply Request Exception Chain.

• Question 65:

  You face a supply request exception due to some reason. You realize that you need to make some changes to the Manage Supply Request Exceptions page. Which action will you perform?

  A. The supply request cannot be updated. The only way is to resolve the error in the source application and resubmit the request.
  B. Update the supply request and submit it. The errors will be resolved automatically.
  C. Update the supply request and make sure errors are resolved before resubmitting it.
  D. The Supply request can be updated using a third-party application only.
  A. The supply request cannot be updated. The only way is to resolve the error in the source application and resubmit the request.

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  https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update18a/fauco/manage-supply-request-exceptions.html#FAUCO2039523

• Question 66:

  Your customer wants to transfer material from facility A to facility B. They are using the interorganization transfer to perform the transaction in the system. Their requirement is "whenever material is transferred from their facility A to facility B, facility B needs to pay 5% additional amount to the current Item cost."

  Which task must be set up to accomplish this requirement?

  A. Manage Cost Plus Pricing
  B. Manage Interorganization Markup
  C. Manage Cost Organization Relationships
  D. Manage Transfer Pricing Rules
  E. Manage Organization Relationships
  D. Manage Transfer Pricing Rules

• Question 67:

  Your customer has a complex financial reporting structure.

  Which three elements should you define first in order to form basis for this reporting?

  A. Managerial, Operational, and Industry
  B. Tax, Legal, and Industry
  C. Legal, Managerial, and Functional
  D. Legal, Autonomy, and Operational
  C. Legal, Managerial, and Functional

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  https://docs.oracle.com/cd/E36909_01/fusionapps.1111/e37378/F533074AN11216.htm

• Question 68:

  Your client wants certain inventory items of high importance to be counted periodically to improve the average level of inventory accuracy. What type of counting would you recommend?

  A. Manual Count
  B. Zero Quantity Count
  C. Cycle Count
  D. Physical Count
  E. Blind Count
  F. Serialized Count
  C. Cycle Count

• Question 69:

  Identify the correct movement request where the move orders are preapproved requests for subinventory transfers that bring material from a source location to a shipment staging subinventory within the organization.

  A. Pick Wave Movement Request
  B. Shipping Movement Request
  C. Replenishment Movement Request
  D. Automatic Movement Request Requisitions
  E. Movement Request Requisitions
  A. Pick Wave Movement Request

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  Pick Wave Move Orders

  Pick wave move orders are pre-approved requests for subinventory transfers to bring material from a source location in the warehouse to a staging subinventory. These move orders are generated automatically by the Oracle Shipping

  Execution pick release process.

  For all move orders, the final result is one of the two supported transactions:

  1.

  Subinventory Transfer or

  2.

  Account Issue. http://functional-scm.blogspot.com/2011/12/move-orders-in-oracle-apps.html

• Question 70:

  Which two tasks must be defined to set up the Facilities Schedule?

  A. Manage Facility Workday Patterns
  B. Manage Facility Shifts
  C. Manage Facility Holidays
  D. Manage Facility Operations
  E. Manage Facility Time Cards
  A. Manage Facility Workday Patterns
  B. Manage Facility Shifts