Oracle Inventory Management Cloud 1Z0-1073-22 Questions & Answers

• Question 21:

  In Supply Chain Orchestration, Automated Change Management performs which two functions?

  A. splitting of a sales order

  B. changing the ship method on a sales order

  C. changing the supplier on a purchase order

  D. change to need by dates of a purchase order

  E. change to item attributes

  Correct Answer: AD

• Question 22:

  A customer has one Business Unit, two Legal Entities, and each have eight warehouses (defined as Inventory Orgs). While trying to set up Cost Organizations for each of these Legal Entities, you were unable to perform the mandatory step of assigning the Profit Center Business Unit for one set of eight Inventory Organizations; however, you could do it for the other set.

  What is the reason for this?

  A. The Business Unit is not enabled for Costing.

  B. There is no Business Unit associated with the Legal Entity.

  C. The Legal Entity Setup is incomplete.

  D. There is no Inventory Validation Organization defined.

  E. The General Ledger is not associated with Business Unit.

  Correct Answer: B

• Question 23:

  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

• Question 24:

  While performing the task "Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet Task", you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America.

  What will be the functional currency of the ledger you are defining?

  A. It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.

  B. It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.

  C. The system will pick the first available currency from the List of Values.

  D. The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.

  E. The system will automatically pick "USD" as functional currency from the legal entity country.

  Correct Answer: E

• Question 25:

  Your client is about to define their primary ledger.

  Which set of three primary attributes do they need to know in order to complete this?

  A. Chart of Accounts, Description, andAccounting Method

  B. Chart of Accounts, Ledger Balance, and Accounting Method

  C. Chart of Accounts, Accounting Calendar, and Currency

  D. Currency, Description, and Accounting Method

  Correct Answer: C

• Question 26:

  Your organization is planning for a periodic counting of individual itemsthroughout the year. As part of this activity, the user has loaded items to the cycle count but some of the items are not being considered when count schedules and count sequences are generated.

  Which reason explains why the items are not being considered?

  A. The Include in Schedule option is not selected to include the item for auto-scheduling.

  B. The Cycle Count Enabled flag is not selected for the item.

  C. The approval controls are not set up.

  D. The Cycle Count Enabled flag is not selected for the inventory organization.

  Correct Answer: B

• 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.

  Thematerial 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 company has multiple inventory organizations where goods aretransferred internally. A user has created a new organization but the new organization is unavailable when creating an interorganization transfer.

  What is the missing setup?

  A. The destination organization transfer type is In Transit.

  B. Inventory organization data access for users is not set up.

  C. Interorganization Parameters are not set up between the organizations.

  D. The source and destination organization doesn't belong to the same legal entity.

  Correct Answer: C

• Question 29:

  A shipment has not yet been created for a pick that you are running. How is the due date calculated?

  A. system date

  B. request date from the order line

  C. schedule ship date from the order line

  D. earliest acceptable date from the order line

  E. promise date from the order line

  Correct Answer: C

• Question 30:

  Yourorganization performs a restock via a transfer order between inventory organizations, using the following parameters for processing: Transfer Type: In-transit transfer type Receipt Routing: Standard Transfer Order Required: Yes During the process, the receiving organization wants to make a change to the transfer order line. After

  which fulfillment stage will they no longer be able to change the transfer order?

  A. Closed

  B. Ship Confirm

  C. Awaiting Fulfillment

  D. Awaiting Billing

  E. Awaiting Receiving

  Correct Answer: A