Oracle 1Z0-1073 Online Practice Questions and Exam Preparation

Oracle 1Z0-1073 Online Questions & Answers

• Question 21:

  Your customer wants you to restrict the values of Receivables Transaction Type for their three business units. You created three 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 22:

  Which three replenishment count types are used for Periodic Automated Replenishment (PAR)?

  A. On-Hand Quantity: Generated a replenishment requisition for the difference between the on-hand quantity and the PAR-level quantity
  B. Order Economic Order Quantity (EOQ): Generates a replenishment request for the calculated quantities based on inventory policies to maintain the PAR quantity
  C. Order Quantity: Generates a replenishment request for the order quantity entered for the replenishment count
  D. Reorder Point: Generates a replenishment request for the order quantity based on days of cover for the item lead time
  E. Order PAR: Generates a replenishment requisition for the PAR-level quantity
  A. On-Hand Quantity: Generated a replenishment requisition for the difference between the on-hand quantity and the PAR-level quantity
  D. Reorder Point: Generates a replenishment request for the order quantity based on days of cover for the item lead time
  E. Order PAR: Generates a replenishment requisition for the PAR-level quantity

• Question 23:

  Reorder quantities for an item subinventory are calculated using Fixed Lot Multiple and Round Order Quantity. Assume that the reorder quantity is 24 and you specify 10 for the fixed lot multiple and enable rounding the reorder quantity. What will be the reorder quantity?

  A. 30
  B. 25
  C. 24
  D. 20
  A. 30

• Question 24:

  Which three types of jurisdictions should be considered while designing the Enterprise Structure?

  A. Income Tax Jurisdiction
  B. Labor Jurisdiction
  C. Local Jurisdiction
  D. Transaction Tax Jurisdiction
  E. Identifying Jurisdiction
  F. Obligatory Jurisdiction
  A. Income Tax Jurisdiction
  D. Transaction Tax Jurisdiction
  E. Identifying Jurisdiction

• Question 25:

  While negotiating the terms of the consignment agreement, the buyer and the supplier mutually agree to set the aging onset point as receipt and the aging period as five days. The terms also say that the consumption advice will be generated daily.

  In which three scenarios will the goods be transferred from the supplier's ownership to buyer's ownership?

  A. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
  B. You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.
  C. You received the goods today and for the next one week you do not plan any action on the same.
  D. You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
  E. You received the goods today and you decide to issue the goods after three days without transferring the ownership.
  F. You received the goods today and after four days you return the material to the supplier.
  A. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
  C. You received the goods today and for the next one week you do not plan any action on the same.
  E. You received the goods today and you decide to issue the goods after three days without transferring the ownership.

• Question 26:

  Identify three statements 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 reserved are 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 reserved are Purchase Orders, Transfer Orders, Work Orders, and On Hand inventory.
  E. One reservation is created for a demand and supply.

• Question 27:

  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.

  Your 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?

  A. Define them as two separate departments and a single cost center.
  B. Define them as one department and one cost center.
  C. It is not possible to fulfill the requirement.
  D. Define them as a single department and two separate cost centers.
  D. Define them as a single department and two separate cost centers.

• Question 28:

  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?

  A. Rounding the Reorder Quantity is disabled.
  B. Min-max planning can be performed at the Organization level.
  C. Item is not defined in Manage Item Subinventories.
  D. No value has been set for the "Min-Max Replenishment Reorder Approval" profile.
  E. Fixed lot multiplier is not set.
  C. Item is not defined in Manage Item Subinventories.

• Question 29:

  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.
  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.

• Question 30:

  You have set up min-max planning at the subinventory level with the following to source item AS12312 for Organization: M1: Source Type: Organization Organization: M1

  What type of supply request will be generated?

  A. Intraorganization transfer order
  B. Internal Requisition
  C. None; this is an invalid setup
  D. Purchase Requisition
  E. Movement request
  A. Intraorganization transfer order