Oracle 1Z0-1073 Online Practice Questions and Exam Preparation

Oracle 1Z0-1073 Online Questions & Answers

• Question 1:

  You are a shop floor manager and you have received an order which is a back-to-back order in nature. You need to reserve 100 pieces of an item in order to finish your order. However there are only 50 pieces available for reservation. If you process this request, how many pieces are provided as the fulfillment for the order?

  A. 50 pieces, because full 100 quantities are not available.
  B. 0 pieces, because partial fulfillment of reservation not supported.
  C. 25 pieces, only half of the quantities can be reserved.
  D. 100 pieces, 50 from on-hand and 50 in the form of a purchase order.
  B. 0 pieces, because partial fulfillment of reservation not supported.

• Question 2:

  You have a high value item that you want to audit on an unscheduled basis to deter pilfering. Which method would you use to do this?

  A. Physical Inventory Count
  B. ABC Count
  C. Automated Cycle Count
  D. Blind Inventory Count
  E. Manual Cycle Count
  E. Manual Cycle Count

• Question 3:

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

• Question 4:

  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. Currency, Description, and Accounting Method
  B. Chart of Accounts, Description, and Accounting Method
  C. Chart of Accounts, Accounting Calendar, and Currency
  D. Chart of Accounts, Ledger Balance, and Accounting Method
  C. Chart of Accounts, Accounting Calendar, and Currency

• Question 5:

  You are currently implementing Oracle Cloud for the Singapore entity of your multinational customer. Their head office is located in Japan. Apart from Singapore, their other entities are using a legacy system.

  Their requirement is to implement Oracle Cloud in such a way that at the end of the financial year, all their financial reporting should be in Japanese yen.

  How will you fulfill the above requirement?

  A. Define one primary ledger with Japanese Yen currency so that all the subledger data gets converted to Japanese Yen automatically.
  B. Define one primary ledger with SGD (Singapore Dollars) as primary currency and use the reporting currency functionality to provide the necessary data in Japanese Yen currency.
  C. Define two ledgers one in SGD (Singapore Dollars) and one in Japanese Yen and transfer data of all the subledgers in these two primary ledgers.
  D. This requirement cannot be fulfilled.
  B. Define one primary ledger with SGD (Singapore Dollars) as primary currency and use the reporting currency functionality to provide the necessary data in Japanese Yen currency.

• Question 6:

  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
  B. Pick Wave Movement Request

• Question 7:

  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. There is no Inventory Validation Organization defined.
  B. There is no Business Unit associated with the Legal Entity.
  C. The General Ledger is not associated with Business Unit.
  D. The Business Unit is not enabled for Costing.
  E. The Legal Entity Setup is incomplete.
  B. There is no Business Unit associated with the Legal Entity.

• Question 8:

  Your organization has lot controlled and nonlot controlled material and stores all defective material in a subinventory called "Defect". The organization does not want defective material to be available for reservations or for subsequent shipping

  to customers.

  Which option satisfies this requirement?

  A. Disallow all inventory transactions for the subinventory "Defect".
  B. Assign the subinventory a material status that disallows reservations and allows subinventory transfers and issues to scrap.
  C. Tag the lot as defective product.
  D. Assign the lot a material status that disallows reservations and allows subinventory transfers and issues to scrap.
  E. Put a hold on the lot.
  B. Assign the subinventory a material status that disallows reservations and allows subinventory transfers and issues to scrap.

• Question 9:

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

  A. Cycle Count
  B. Distributed Value
  C. Hit or Miss Accuracy
  D. Shipment Value
  E. Inventory Value
  F. Exact Matches Rate
  C. Hit or Miss Accuracy
  E. Inventory Value
  F. Exact Matches Rate

• Question 10:

  Your customer has a complex financial reporting structure. Which three elements should you define first in order to form a basis for this reporting?

  A. Managerial, Operational, and Industry
  B. Legal, Autonomy, and Operational
  C. Tax, Legal, and Industry
  D. Legal, Managerial, and Functional
  D. Legal, Managerial, and Functional