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1Z0-1073-22 Real Exam Questions

Oracle Inventory Cloud 2022 Implementation Professional

78 questions available · Page 1 of 8

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Question 1 Single choice

Your client has not been managing Supply Request Exceptions on a regular basis.

What issue does this cause?

  1. A

    The request will be deniedautomatically if not resolved within two days.

  2. B

    Supply orders are not created for these exceptions, thus causing disruptions in the Supply Chain.

  3. C

    If exceptions are not resolved within a set threshold days, it alerts the manager and continues to escalate up the Supply Request Exception Chain.

  4. D

    No issues would be caused; these are just warnings.

  5. E

    After the errors reach a set threshold in profile options, no new requests can be created.

Show answer and explanation

Correct answer: B

Question 2 Single choice

Identify the correct sequence of consigned inventory process flow.

  1. A

    Consumption advice sent to supplier ?Consignment order sent to supplier ?Consignment agreement creation ?Consigned inventory received by buyer

  2. B

    Consignment order sent to supplier ?Consignment agreement creation ?Consigned inventory received by buyer?Consumption advice sent to supplier

  3. C

    Consignment order sent to supplier ?Consignment agreement creation ?Consumption advice sent to supplier ?Consigned inventory received by buyer

  4. D

    Consignment agreement creation ?Consignment order sent to supplier ?Consigned inventory received by buyer ?Consumption advice sent to supplier

Show answer and explanation

Correct answer: D

Question 3 Single choice

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?

  1. A

    1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger

  2. B

    10 Enterprises, 10 Divisions, where each division has its own legalentity and ledger

  3. C

    1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions

  4. D

    10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger

Show answer and explanation

Correct answer: A

Question 4 Multiple choice

Your company is an automobile spares manufacturing organization, which follows a discrete process. It has its own manufacturing and distribution centers located globally.

It has these business units:

US - USA business unit

CAN - Canadian business unit

UK - UK business unit

MX - Mexican business unit

IND - India business unit

SPA - Spain business unit

FRA - France business unit

NL - Netherlands business unit

GER - Germany business unit

These are the inventory organizations that exist in each business unit:

Inventory Org - business unit

--------------------------------------------

GM (Master Org) - US

US1 (Child Org) - US

US2 (Child Org) - US

CA1 (Child Org) - CAN

MX1 (Child Org) - MX

IN1 (Child Org) - IND

SP1 (Child Org) - SPA

FR1 (Child Org) - FRA

NL1 (Child Org) - NL

DE1 (Child Org) - GER

Which two statements are true? (Choose two.)

  1. A

    Items defined in the GM organization can be assigned to US1,US2, NL1, and MX1 inventory organizations.

  2. B

    You candefine an item in the IN1 inventory organization and assign it to the DE1 inventory organization.

  3. C

    Item organizations are also supported to serve as inventory organizations.

  4. D

    Operational Attributes can be controlled only at the Master Level.

  5. E

    All inventory organizations do not need to be in the same business unit to assign items.

  6. F

    Items cannot be assigned to inventory organizations across business units.

Show answer and explanation

Correct answers: A, E

Question 5 Single choice

Your organization is using min-max planning to replenish stock and the planning parameters are set at item organization level with a default subinventory:

Item: A, Min Qty: 25, Max Qty: 150 and Current Level: 20 The item above is purchased from a supplier. Although there is subinventory on hand, the subinventory is below the minimum required level. This should trigger a Min-Max report entry, but the requisition is not generated.

Why?

  1. A

    Fixed lot multiplier is not set.

  2. B

    Item is not defined in Manage Item Subinventories.

  3. C

    Min-max planning can be performed at the Organization level.

  4. D

    Rounding the Reorder Quantity is disabled.

  5. E

    No value has been set for the "Min-Max Replenishment Reorder Approval" profile.

Show answer and explanation

Correct answer: B

Question 6 Multiple choice

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?

  1. A

    Average Cost Update

  2. B

    Miscellaneous Issues and Receipts

  3. C

    All Transaction Types Related to Work in Process

  4. D

    All Internal Transactions

  5. E

    Backflush Subinventory Transfer

Show answer and explanation

Correct answers: C, E

Question 7 Multiple choice

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

  1. A

    Cycle Count

  2. B

    Distributed Value

  3. C

    Hit or Miss Accuracy

  4. D

    Shipment Value

  5. E

    Inventory Value

  6. F

    Exact Matches Rate

Show answer and explanation

Correct answers: C, E, F

Question 8 Single choice

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?

  1. A

    Define them as one department and one cost center.

  2. B

    Define them as a single department and two separate cost centers.

  3. C

    Define them as two separate departments and a single costcenter.

  4. D

    It is not possible to fulfill the requirement.

Show answer and explanation

Correct answer: B

Question 9 Single choice

Cost Accounting captures costed transactions that are picked up by the cost processor for all of the following but one ?
which is NOT, and picked up by the cost processor?

  1. A

    Shipping, receiving, and inventory transactions from manufacturing

  2. B

    Period close adjusting journal entries for payroll

  3. C

    Resource transactions are interfaced directly from Manufacturing

  4. D

    Invoices and revenue are interfaced from Fusion Receivables

  5. E

    Payable invoices are interfaced from Fusion Payables

Show answer and explanation

Correct answer: C

Question 10 Single choice

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

Whichtransaction do they need to disallow?

  1. A

    Ship Confirm

  2. B

    Sales Order Pick

  3. C

    Sales Order Issue

  4. D

    Move Request Putaway

  5. E

    Miscellaneous Issue

Show answer and explanation

Correct answer: C