Oracle 1Z0-1073-22 Online Practice Questions and Exam Preparation

Oracle 1Z0-1073-22 Online Questions & Answers

• Question 1:

  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 twoseeded 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 2:

  You have orders that were due for shipping last week, but as of now they have not been shipped. Which dashboard should you check at the end of the day to determine whichorders have been shipped?

  A. Past Due, Completed Today
  B. Due Today, Not Completed
  C. Past Due, Not Completed
  D. Past Due Shipments
  E. Orders Completed in Full
  E. Orders Completed in Full

• Question 3:

  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 4:

  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 adviceprocess 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.
  C. Consumption advice is created and the next closing date is set to 30th September, 2020.

• Question 5:

  Your client has just set up their chart of accounts. They are now designing the organization hierarchy in the system. Which three structures should the customer useto do this?

  A. Warehouse, Subinventory, and Locators
  B. Divisions, Business Units, and Departments
  C. Cost type, Default Cost Structure, and Item Organization D. Cost Centers, Organizations, and Locations
  B. Divisions, Business Units, and Departments

• Question 6:

  Supply ChainFinancial Orchestration supports which three things? (Choose three.)

  A. Separate physical movement from financial flow.
  B. The user interface gives you the status of the orchestration transactions item serial numbers.
  C. Resource transactions are interfaced directly from Manufacturing.
  D. Configuration to define cost-based, document-based support for third-party transfer pricing rules.
  E. Infrastructure and framework to define the financial trade and physical flows independently.
  A. Separate physical movement from financial flow.
  C. Resource transactions are interfaced directly from Manufacturing.
  E. Infrastructure and framework to define the financial trade and physical flows independently.

• Question 7:

  Your customer wants you to restrict the values of Receivables Transaction Type for their three business units. You createdthree 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. Reference Data Sets cannot be used uniquely across business units. They can only be used at the Legal Entity level.
  B. The user is seeing the values defined in the common set. The values should be removed from the common set.
  C. The user has multiple Business Unit Roles and, therefore, is able to see additional values.
  D. Receivables Transaction Types are common across business units.
  B. The user is seeing the values defined in the common set. The values should be removed from the common set.

• Question 8:

  Your company has established inventory balances integration with 3PL system. Which option cannot be achieved out of the box using this integration?

  A. Compare and automatically reportinventory mismatches.
  B. Purge inventory balance message periodically.
  C. Resolve processing exceptions.
  D. Import inventory balance message in bulk.
  A. Compare and automatically reportinventory mismatches.

• Question 9:

  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 10:

  Identify threestatements 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 reservedare 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.
  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 reservedare Purchase Orders, Transfer Orders, Work Orders, and On Hand inventory.
  E. One reservation is created for a demand and supply.