Oracle 1Z0-1073-20 Online Practice Questions and Exam Preparation

Oracle 1Z0-1073-20 Online Questions & Answers

• Question 71:

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

• Question 72:

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

• Question 73:

  Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)

  A. Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
  B. Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
  C. Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
  D. Cost method can be defined granularity down to individual items.
  A. Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
  B. Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
  C. Receipt Accounting is the application that performs the accrual accounting for all types of receipts.

• Question 74:

  While negotiating the terms of the consignment agreement, the buyer and the supplier mutually agree to set the aging onset point as receipt and the aging period as five days. The terms also say that the consumption advice will be generated daily. In which three scenarios will the goods be transferred from the supplier's ownership to buyer's ownership? (Choose three.)

  A. You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.
  B. You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
  C. You received the goods today and you decide to issue the goods after three days without transferring the ownership.
  D. You received the goods today and after four days you return the material to the supplier.
  E. You received the goods today and for the next one week you do not plan any action on the same.
  F. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
  C. You received the goods today and you decide to issue the goods after three days without transferring the ownership.
  E. You received the goods today and for the next one week you do not plan any action on the same.
  F. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.

• Question 75:

  Identify the availability type that is applicable for the item quantities maintained in a unit of measure different from the primary unit of measure and is available for various transactions.

  A. Available
  B. Secondary Available Quantity
  C. Reserved
  D. On Hand
  E. Secondary On-hand Quantity
  B. Secondary Available Quantity

• Question 76:

  Which three statements are true regarding PAR Location Management?

  A. If the stock level falls below the target on-hand quantity for the locator, inventory generates the appropriate replenishment document based on the item sourcing for the subinventory.
  B. PAR location management replenishment are calculated at the organization level or subinventory level.
  C. A receipt is required on interorganization expense destination transfer orders between the from and to organizations
  D. Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.
  E. Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.
  C. A receipt is required on interorganization expense destination transfer orders between the from and to organizations
  D. Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.
  E. Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.

• Question 77:

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

• Question 78:

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