Oracle Supply Chain Management (SCM) 1Z0-1073-21 Questions & Answers

• Question 21:

  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.

  Correct Answer: CDE

• Question 22:

  You need to load on-hand balances for go live. Which template should be used for this?

  A. InventoryMiscellaneousTrxTemplate.xlsm

  B. InventoryReservationImportTemplate.xlsm

  C. InventoryOnHandBalanceTemplate.xlsm

  D. InventoryTransactionImportTemplate.xlsm

  E. InventoryBalanceImportTemplate.xlsm

  Correct Answer: D

• Question 23:

  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. Automatic Movement Request Requisitions

  B. Pick Wave Movement Request

  C. Replenishment Movement Request

  D. Shipping Movement Request

  E. Movement Request Requisitions

  Correct Answer: B

• Question 24:

  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.

  Correct Answer: AC

• Question 25:

  The physical inventory process is carried out for a particular inventory organization with the following parameters:

  1.

  Negative Quantity Tolerance Percentage is set to 10%

  2.

  Approval Type = 'Always'

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

  A. The system will ask a user to recount before posting.

  B. The setup is invalid; it will give an error message.

  C. Because the 95 is within the 10% tolerance, it will post without approval.

  D. An approval will be required before posting.

  Correct Answer: D

• Question 26:

  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.

  Correct Answer: C

• Question 27:

  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. Miscellaneous Transaction

  B. Requisitions

  C. Move Request

  D. Subinventory Transfer

  E. Transfer Order

  Correct Answer: A

• Question 28:

  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.

  Correct Answer: A

• Question 29:

  Your customer wants to prevent customer shipments out of a specific subinventory. They are setting up a

  material status to control this.

  Which transaction do they need to disallow?

  A. Ship Confirm

  B. Sales Order Pick

  C. Sales Order Issue

  D. Move Request Putaway

  E. Miscellaneous Issue

  Correct Answer: C

• Question 30:

  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

  Correct Answer: D