1Z0-1073-21 Real Exam Questions and Verified Answers

Question 1 Multiple choice

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.

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Correct answers: C, E, F

Question 2 Multiple choice

Which three values are applicable for the profile option ?
;Transaction Processing Mod"; for subinventory transfer and interorganization transfer? (Choose three.)

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

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Correct answers: A, C, F

Question 3 Single choice

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.

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Correct answer: C

Question 4 Single choice

You have set up min-max planning at the subinventory level with the following to source item AS12312 for Organization: M1:

1. Source Type: Organization
2. Organization: M1

What type of supply request will be generated?

A
Purchase Requisition
B
Internal Requisition
C
None; this is an invalid setup
D
Intraorganization transfer order
E
Movement request

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Correct answer: D

Question 5 Multiple choice

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

A
Changes to reservation in Oracle Logistics Cloud leads to exceptions, which are displayed in the Supply Chain Orchestration work area.
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
One reservation is created for a demand and supply.

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Correct answers: A, B, E

Question 6 Single choice

While creating the consignment agreement, you have set the consumption advice frequency to "monthly" and the billing cycle close date to "31st August, 2020".

What will happen when you run the consumption advice process on 31st August, 2020?

A
Consumption advice is created and the next closing date is set to 30th October, 2020.
B
No consumption advice is created.
C
Consumption advice is created and the next closing date is set to 30th September, 2020.
D
Consumption advice is created and the next closing date is set to 7th September, 2020.

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Correct answer: C

Question 7 Single choice

For an Item to be enabled for back-to-back order process, which attribute do you need to set?

A
Organization attribute: Allow Back to Back Processing
B
Item attribute: Allow purchase orders off of sales orders
C
Item attribute: Reservations Enabled
D
Item attribute: Back-To-Back Enabled
E
Organization attribute: Allow Reservations

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Correct answer: D

Question 8 Single choice

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 Organization Relationships
B
Manage Supply Chain Financial Orchestration Transfer Pricing Rules
C
Manage Cost Plus Pricing
D
Manage Organization Relationships
E
Manage Interorganization Markup

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Correct answer: A

Question 9 Multiple choice

Which three statements about cost organization are correct? (Choose three.)

A
Profit center business unit can have one or more inventory organizations.
B
Profit center business units can have only one cost organization.
C
All inventory organizations of a cost organization need to within the same business unit.
D
A cost organization can have one or more inventory organizations.

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Correct answers: A, C, D

Question 10 Single choice

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

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

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Correct answer: C