Oracle 1Z0-1073 Online Practice Questions and Exam Preparation

Oracle 1Z0-1073 Online Questions & Answers

• Question 41:

  Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50

  boxes. After running all the necessary cost accounting and organizations apart from the received 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item validation for item A is still

  zero.

  What is the reason?

  A. Items are consigned and ownership is transferred to "owned".
  B. Items are consigned items and ownership lies with the supplier.
  C. Items are not consigned items but ownership is still with the supplier.
  D. Items are not consigned items and ownership is with the organization.
  B. Items are consigned items and ownership lies with the supplier.

• Question 42:

  What are the four steps for the move request process flow?

  A. Run pick slip allocation
  B. Create Movement Request
  C. Physically move the material
  D. Run the Movement Request Pick Slip Report
  E. Confirm pick slips
  F. Create shipment
  B. Create Movement Request
  C. Physically move the material
  D. Run the Movement Request Pick Slip Report
  E. Confirm pick slips

• Question 43:

  Your client has not been managing Supply Request Exceptions on a regular basis. What issue does this cause?

  A. The request will be denied automatically if not resolved within two days.
  B. Supply orders are not created for these exceptions, thus causing disruptions in the Supply Chain.
  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.
  D. No issues would be caused; these are just warnings.
  E. After the errors reach a set threshold in profile options, no new requests can be created.
  B. Supply orders are not created for these exceptions, thus causing disruptions in the Supply Chain.

• Question 44:

  You defined an Inventory Organization that is meant to track the contract manufacturing process outsourced to a supplier. Where do you mention that this Inventory Organization is meant for one particular supplier?

  A. Manage Contract Manufacturing Relationships
  B. Manage Item Organizations
  C. Manage Subinventories
  D. Manage Inventory Organization Locations
  E. Manage Inventory Organizations
  E. Manage Inventory Organizations

• Question 45:

  Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?

  A. Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.
  B. Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.
  C. Expense destination transfers are expensed upon delivery hitting an expense account instead of an inventory asset account as would be the case for inventory destination transfers.
  D. If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there will not be a delivery transaction in inventory.
  E. If the receipt is not required, Cost Accounting will pick up both the issue and receipt activity from the single inventory transaction "Transfer Order Issue".
  B. Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.

• Question 46:

  Your customer has defined three business units: two of them require the same set of receivables payment terms whereas the third needs a separate set of receivables payment terms. How will you achieve this requirement?

  A. Define one data set with common payment terms and exclude the payment terms feature from the third business unit.
  B. Define two reference data sets, assign the first set to the two business units which will share the same payment terms and second set to the business unit which needs separate payment terms.
  C. Define three reference data sets and assign each data set to each business unit.
  D. Define one reference data set and modify the business unit security.
  B. Define two reference data sets, assign the first set to the two business units which will share the same payment terms and second set to the business unit which needs separate payment terms.

• Question 47:

  Which three values are applicable for the profile option ?"Transaction Processing Mode" for subinventory transfer and interorganization transfer?

  A. Background Processing
  B. Blind Processing
  C. Sequential Processing
  D. Concurrent Processing
  E. Offline Processing
  F. Online Processing
  A. Background Processing
  D. Concurrent Processing
  F. Online Processing

• Question 48:

  Your client wants the purchasers to be able to run the min-max plan for items under their control and then manage the POs created out of these. Which parameters can they use to be able to do this?

  A. From Planner to Planner
  B. From Buyer to Buyer
  C. From Item to Item
  D. Sort by
  E. Planning Level
  C. From Item to Item

• Question 49:

  What are two outcomes when a lot expires on an item with lot control enabled?

  A. It cannot be reserved for a date beyond the expiration date.
  B. It is issued out of stores.
  C. It remains in inventory, but is not considered on-hand when the user is performing min-max or reorder point planning calculations.
  D. It cannot be transacted.
  E. It is not included in cycle counts.
  A. It cannot be reserved for a date beyond the expiration date.
  C. It remains in inventory, but is not considered on-hand when the user is performing min-max or reorder point planning calculations.

• Question 50:

  Your customer wants to transfer material from facility A to facility B. They are using the interorganization transfer to perform the transaction in the system. Their requirement is "whenever material is transferred from their facility A to facility B,

  facility B needs to pay 5% additional amount to the current item cost."

  Which task must be set up to accomplish this requirement?

  A. Manage Cost Plus Pricing
  B. Manage Organization Relationships
  C. Manage Cost Organization Relationships
  D. Manage Transfer Pricing Rules
  E. Manage Interorganization Markup
  C. Manage Cost Organization Relationships