Oracle 1Z0-221 Online Practice Questions and Exam Preparation

Oracle 1Z0-221 Online Questions & Answers

• Question 31:

  Which statement is true about a replenishment counting system?

  

  A. 1, 2 and 3
  B. 1 and 3
  C. 1 only
  D. 2 only
  E. 3 only
  E. 3 only

• Question 32:

  Identify the type of entity against which Oracle Inventory charges a transaction.

  A. transaction source type
  B. none
  C. associated subinventories
  D. transaction type
  A. transaction source type

• Question 33:

  .com has its inventory organizations located in North America, Asia and Europe. North America Inventory Organizations

  Boston Manufacturing Seattle Manufacturing Denver Manufacturing Europe Inventory Organizations

  Netherlands France Germany Belgium Asia Inventory Organizations

  India Singapore Malaysia North America manufacturing organizations are the source of material to the other inventory organizations in Europe and Asia, but for all the Europe inventory organizations, the inventory is sourced from the Netherlands organization. Select all the networks that need to be set up to meet this requirement. (Choose all that apply.)

  A. all the European organizations with all the Asian organizations
  B. all the North America Inventory organizations with all the Asian organizations
  C. between all the European organizations
  D. all the North America Inventory organizations with Netherlands organization
  E. all the North America Inventory organizations with all the European organizations
  F. Netherlands organization to all the other European organizations
  B. all the North America Inventory organizations with all the Asian organizations
  D. all the North America Inventory organizations with Netherlands organization
  F. Netherlands organization to all the other European organizations

• Question 34:

  Which four statements are true about defining physical inventories? (Choose four.)

  A. Physical inventory suspends other transactions; all other inventory transactions will fail at the inventory interface from the time the snapshot is taken until the physical count is either accepted or rejected.
  B. Physical counts are reviewed, and either accepted or rejected as a whole.
  C. There is no tolerance limit set on the Physical Inventory; it is a user's decision to accept or reject the entire count.
  D. Physical inventory takes a dynamic count of inventory on hand, accepts inventory transactions during the inventory count process, and makes inventory adjustments against the dynamic quantities.
  E. Physical inventory takes a snapshot of inventory on hand at the beginning of the process; all adjustments are made against the snapshot quantity.
  F. You can define multiple physical inventories to count selected portions of your inventory, or you can count your total inventory.
  A. Physical inventory suspends other transactions; all other inventory transactions will fail at the inventory interface from the time the snapshot is taken until the physical count is either accepted or rejected.
  B. Physical counts are reviewed, and either accepted or rejected as a whole.
  E. Physical inventory takes a snapshot of inventory on hand at the beginning of the process; all adjustments are made against the snapshot quantity.
  F. You can define multiple physical inventories to count selected portions of your inventory, or you can count your total inventory.

• Question 35:

  Which three statements regarding Inventory forecasting are true? (Choose three.)

  A. Focus forecasting can only be generated from historical data.
  B. You typically use Focus forecasting to produce single period forecasts.
  C. Statistical forecasting enables you to simulate various methods of calculating demand so that you can select the best forecasting model.
  D. Statistical forecasting enables you to apply exponentially weighted trend and seasonality factors to predict demand.
  E. Statistical forecasting can be generated from either historical data or master schedule entries.
  A. Focus forecasting can only be generated from historical data.
  B. You typically use Focus forecasting to produce single period forecasts.
  D. Statistical forecasting enables you to apply exponentially weighted trend and seasonality factors to predict demand.

• Question 36:

  You are doing a cycle count approval transaction. You want the transaction to be processed while you wait. The control needs to be returned to you after the transaction processing is complete. To achieve this, you would set the profile option Cycle Count Approval Form to _____.

  A. Background Processing
  B. Concurrent Processing
  C. Online Processing
  C. Online Processing

• Question 37:

  If an internal order is not required for the transfer between two organizations, then an interorganizational transfer of material (either direct or intransit type) between the inventory organizations applies to:

  

  A. 2 only
  B. 1 only
  C. both 1 and 2
  C. both 1 and 2

• Question 38:

  Which four statements are true regarding interorganization transfer? (Choose four.)

  A. The validity of a transfer transaction is governed by the controls you have defined in the shipping organization for the items you want to transfer; these controls are then transferred to the destination organization.
  B. You can transfer one or more items in a single transaction and transfer partial quantities of the same item to different subinventories and locators in a single transaction.
  C. The validity of a transfer transaction depends on the controls you have defined in both the shipping and destination organizations for the items you want to transfer.
  D. You can define multiple inventories, warehouses, and manufacturing facilities as distinct organizations.
  E. You can transfer expense and asset items from one organization to another using intransit inventory.
  F. You cannot transfer partial quantities of the same item to different subinventories and locators in a single transaction.
  G. The items you transfer must not exist in both organizations.
  H. You cannot set multiple intransit times for a single shipping method.
  B. You can transfer one or more items in a single transaction and transfer partial quantities of the same item to different subinventories and locators in a single transaction.
  C. The validity of a transfer transaction depends on the controls you have defined in both the shipping and destination organizations for the items you want to transfer.
  D. You can define multiple inventories, warehouses, and manufacturing facilities as distinct organizations.
  E. You can transfer expense and asset items from one organization to another using intransit inventory.

• Question 39:

  Min-Max profile options support _____.

  A. Dynamic Safety Stock planning
  B. Kanban Material planning
  C. Oracle Focus Forecasting
  D. Standard Reorder-Point planning
  E. Static Safety Stock planning
  B. Kanban Material planning

• Question 40:

  Which two statements are true regarding item standard costs, if the inventory organizations are setup to use their own organization as the costing organization? (Choose two.)

  A. An item can have different standard costs across different inventory organizations of a single operating unit.
  B. An item can have different standard costs across different inventory organizations regardless of the operating unit.
  C. An item can have different standard costs in different inventory organizations only if the organizations are under different operating units.
  D. An item cannot have different standard costs across different inventory organizations of a single operating unit.
  A. An item can have different standard costs across different inventory organizations of a single operating unit.
  B. An item can have different standard costs across different inventory organizations regardless of the operating unit.