Oracle 1Z0-1073-21 Online Practice Questions and Exam Preparation

Oracle 1Z0-1073-21 Online Questions & Answers

• Question 1:

  Which three applications originate a buy request that is received by supply chain orchestration? (Choose three.)

  A. Inventory
  B. Purchasing
  C. Self Service Procurement
  D. Order Management
  E. Planning
  F. Accounts Payable
  A. Inventory
  D. Order Management
  E. Planning

• Question 2:

  Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the

  quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back.

  What is the process of returning the material?

  A. Return the material and create a debit memo for the supplier.
  B. You cannot return consigned items that are invoiced and paid. Treat the material as scrap.
  C. You have to transfer the ownership of item and perform the return transaction.
  D. You have to cancel the invoice and send the material back without changing the ownership.
  A. Return the material and create a debit memo for the supplier.

• Question 3:

  What three Key Performance Indicators are available in the Warehouse Operations Dashboard?

  A. Cycle Count
  B. Distributed Value
  C. Hit or Miss Accuracy
  D. Shipment Value
  E. Inventory Value
  F. Exact Matches Rate
  C. Hit or Miss Accuracy
  E. Inventory Value
  F. Exact Matches Rate

• Question 4:

  You set up an item organization and an inventory organization as part of your customer's requirement.

  Your customer has, by mistake, performed a receipt transaction in the item organization instead of the inventory organization. How wiil you rectify the error?

  A. Perform a correct receipt transaction and receive the item in the correct organization.
  B. Perform a return of item and receive the item again in the correct organization.
  C. It is not possible to receive item in the item organization.
  D. Perform a new receipt in the correct organization and retain the stock in item organization because it does not affect any other operation.
  C. It is not possible to receive item in the item organization.

• Question 5:

  Identify the correct sequence of consigned inventory process flow.

  A. Consumption advice sent to supplier - Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer
  B. Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer - Consumption advice sent to supplier
  C. Consignment order sent to supplier - Consignment agreement creation - Consumption advice sent to supplier - Consigned inventory received by buyer
  D. Consignment agreement creation - Consignment order sent to supplier - Consigned inventory received by buyer - Consumption advice sent to supplier
  D. Consignment agreement creation - Consignment order sent to supplier - Consigned inventory received by buyer - Consumption advice sent to supplier

• Question 6:

  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 7:

  Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?

  A. Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.
  B. Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.
  C. Expense destination transfers are expensed upon delivery hitting an expense account instead of an inventory asset account as would be the case for inventory destination transfers.
  D. If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there will not be a delivery transaction in inventory.
  E. If the receipt is not required, Cost Accounting will pick up both the issue and receipt activity from the single inventory transaction "Transfer Order Issue".
  B. Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.

• Question 8:

  Your customer is managing a large sales team divided in two different geographies in the USA

  They have the East Coast sales team and the Central sales team. Both teams are handled by one manager and perform the same function.

  You customer wants to track the expenses of the two teams separately; however, they do not consider them different as they are handled by one manager only.

  How will you fulfill the requirement?

  A. Define them as one department and one cost center.
  B. Define them as a single department and two separate cost centers.
  C. Define them as two separate departments and a single cost center.
  D. It is not possible to fulfill the requirement.
  B. Define them as a single department and two separate cost centers.

• Question 9:

  In the Back-to-Back (B2B) Order to Cash flow, ordered items are purchased from a supplier. The Sourcing Rules have been defined for the item and the buy flow has been initiated. The sales order line is shown as Awaiting Shipping and the

  supply line status is "In Purchasing" with the supply order generated but the purchase requisition not generating.

  What is the reason?

  A. Work definition is missing for the item.
  B. No Blanket Purchase Agreement (BPA) exists for this supplier ?item combination.
  C. The sourcing rule is incorrect.
  D. ATP rule is not defined.
  C. The sourcing rule is incorrect.

• Question 10:

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