Up To Date Oracle Inventory Management And Enterprise Structures Cloud 2021 Implementation Essentials 1z0-1023 Dump

NEW QUESTION 1
Which three applications originate a buy request that is received by supply chain orchestration?

• A. Inventory
• B. Accounts Payable
• C. Order Management
• D. Purchasing
• E. Planning
• F. Self Service Procurement

Answer: ACE

NEW QUESTION 2
Your customer decides to implement Cloud Procurement and Inventory. While discussing with your customer, you come to know that they have a business that spans across multiple locations and they have warehouses situated across USA and Canada.
1. All their procurement, payables, and distribution activities take place from USA.
2. They have a central warehouse in USA and after the goods are delivered to this warehouse, they are distributed across multiple additional warehouses. The warehouses are managed separately from the requisitioning units.
3. For requesting material they have two units. One located in USA that monitors the current stock. They are responsible for creating requisition for any material shortage in USA. they have another location in Canada for requesting material. Which setup fulfills this scenario?

• A. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unitBU3: USA - as requisitioning business unitDefine Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit
• B. BU1: USA - as procurement and requisitioning Business Unit (BU) BU2: Canada - as requisitioning Business UnitDefine Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for Canada Requisitioning Business Unit
• C. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unitDefine Service provider relationship where USA procurement business unit serves as procurement and payables service provider for both Canada and USA requisitioning Business Units
• D. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unitDefine Service provider relationship where USA procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit

Answer: D

NEW QUESTION 3
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 after three days you transfer the ownership using the "create transfer to consigned transaction" task.
• B. You received the goods today and you decide to issue the goods after three days without transferring the ownership.
• 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 four days you return the material to the supplier.
• E. You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
• F. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.

Answer: ACE

NEW QUESTION 4
Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment mode. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back.
What is the process of returning the material?

• A. Return the material and create a debit memo for the supplier.
• B. You have to cancel the Invoice and send the material back without changing the ownership.
• C. You cannot return consigned items that are invoiced and pai
• D. Treat the material as scrap.
• E. You have to transfer the ownership of item and perform the return transactio

Answer: A

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

Answer: D

NEW QUESTION 6
A supply request has been received in supply chain orchestration. Both organizations belong to the same legal entity and they do not have a buy-sell relationship between them.
Which type of execution document can fulfill the supply request?

• A. Sales Order
• B. Purchase Order
• C. Transfer Order
• D. Purchase Requisitions

Answer: C

NEW QUESTION 7
During Cloud Inventory implementation your customer requires you to enable the Oracle Transactional Business Intelligence (OTBI) KPI to review the list of standard reports which is useful for their Current business scenario. When navigating to reports and analytics, the warehouse dashboard doesn't show any KPI watchlist.
Identify two causes.

• A. Supply Chain and Order Management Business Intelligence Analytics is not enabled.
• B. Logistics Business Intelligence Analytics is enabled.
• C. Organization is not enabled for warehousing.
• D. Data permissions for the organization being referenced are not set up.
• E. Logistics Business Intelligence Analytics is not implemente

Answer: AE

NEW QUESTION 8
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. Blind Inventory Count
• C. Manual Cycle Count
• D. Automated Cycle Count
• E. ABC Count

Answer: C

NEW QUESTION 9
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. The user has multiple Business Unit Roles and, therefore is able to see additional values.
• B. Reference Data Sets cannot be used uniquely across business unit
• C. They can only be used at the Legal Entity level.
• D. Receivables Transaction Types are common across business units.
• E. The user is seeing the values defined in the common se
• F. The values should be removed from the common set.

Answer: C

NEW QUESTION 10
Your customer has two warehouses (Inventory organizations) located in two different regions. They have a consigned agreement in place with the supplier. Your customer requests that whenever consumption advice is created, it should be created separately for each inventory organization. What setup is required to achieve this requirement?

• A. This cannot be achieved because only one common consumption advice is created regardless of other parameters.
• B. Set Consumption Advice Summary in Consignment Agreement to "All Organizations with items".
• C. Set Consumption Advice Summary in Consignment Agreement to "Organization".
• D. Set Consumption Advice Summary in Consignment Agreement to "All Organizations".

Answer: C

NEW QUESTION 11
Your customer has a requirement across their 10 warehouses, each with different users. They would like that whenever a warehouse user logs in, their default warehouse should net populated.
How will you achieve this?

• A. Set the profile option INV_DEFAULT_WHSE_ID at user level for each user.
• B. Set the profile option INV_DEFAULT_ORG_ID at site level.
• C. Set the profile option INV_DEFAULT_ORG_ID at user level for each user.
• D. Set the profile option INV_DF.FAULT_WHSE_ID at role level (different roles for different warehouses).
• E. Set the profile option INV_DEFAULT_ORG_ID at role level for each role (different roles for different warehouses).
• F. Set the profile option INV_DEFAULT_WHSE_ID at site leve

Answer: C

NEW QUESTION 12
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. 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.
• C. 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.
• D. Costs for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.

Answer: A

NEW QUESTION 13
Your customer has a complex financial reporting structure.
Which three elements should you define first in order to form basis for this reporting?

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

Answer: C

Explanation:

https://docs.oracle.com/cd/E36909_01/fusionapps.1111/e37378/F533074AN11216.htm

NEW QUESTION 14
You have an organization that runs both its domestic and international business from the same offices. However, the organization does not want the domestic side of the business to be able to transact on the International side, even though they are selling the same material.
How do you configure your enterprise to meet this requirement?

• A. Use data access security to separate what each customer can control.
• B. Set up the domestic and International businesses as separate projects.
• C. Set up the domestic and International businesses as separate cost centers.
• D. Set up the domestic and International businesses as separate operating units.
• E. Set up the domestic and International businesses as separate business units.6

Answer: A

NEW QUESTION 15
You set up an Item organization and an inventory organization as part of your customor's requirement.
Your customer has, by mistake, performed a receipt transaction in the Item organization Instead of the inventory organization. How will you rectify the error?

• A. Perform a return of item and receive the item again in the correct organization.
• B. Perform a correct receipt transaction and receive the item in the correct organization.
• C. Perform a new receipt in the correct organization and retain the stock in Item organization because it does not affect any other operation.
• D. It is not possible to receive item in the item organizatio

Answer: D

NEW QUESTION 16
You have orders that were due for shipping last week, but as of now they have not been shipped. Which dashboard should you check at the end of the day to determine which orders have been shipped?

• A. Past Due, Not Completed
• B. Past Due Shipments
• C. Due Today, Not Completed
• D. Past Due, Completed Today
• E. Orders Completed in Full

Answer: D

NEW QUESTION 17
Your customer is a very large organization spanning across multiple countries. Their legal
requirements, Human Resource Policies, and Functional Currencies for ledger are different for each country. Your customer wants to maintain 10 different companies in the system.
Which combination meets this requirement?

• A. 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
• B. 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
• C. 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger
• D. 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger

Answer: C

NEW QUESTION 18
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. Pick Wave Movement Request
• B. Shipping Movement Request
• C. Replenishment Movement Request
• D. Automatic Movement Request Requisitions
• E. Movement Request Requisitions

Answer: A

Explanation:
Pick Wave Move Orders
Pick wave move orders are pre-approved requests for subinventory transfers to bring material from a source location in the warehouse to a staging subinventory. These move orders are generated automatically by the Oracle Shipping Execution pick release process.
For all move orders, the final result is one of the two supported transactions:
1. Subinventory Transfer or
2. Account Issue.
http://functional-scm.blogspot.com/2011/12/move-orders-in-oracle-apps.html

NEW QUESTION 19
Your customer wants to prevent customer shipments out of a specific subinventory. They are setting up a material status to control this.
Which transaction do they need to disallow?

• A. Sales Order Pick
• B. Sales Order Issue
• C. Move Request Putaway
• D. Ship Confirm
• E. Miscellaneous Issue

Answer: B

NEW QUESTION 20
An inventory transaction is imported to the system through an FBDI template.
Which transaction state denotes that an inventory transaction is created in the Oracle Cloud Inventory Management application?

• A. Created
• B. New
• C. Validated
• D. Deferred
• E. Staged

Answer: C

Explanation:
The Validated transaction state denotes an inventory transaction that is created in the Oracle Fusion Inventory Management application.
https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/famml/manageinventory- transactions.html#FAMML1153493

NEW QUESTION 21
Which three values are applicable for the profile option - "Transaction Processing Mode" for subinventory transfer and interorganization transfer?

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

Answer: CEF

Explanation:
Transaction Processing Mode
You can set processing control globally for all transactions or you can choose different options for each type of transaction. You establish the method of transaction processing by choosing one of the following options when you set up your TP:INV Transaction Processing Mode profile:
On-line processing
Processes transactions while you wait and returns control to you once it finishes.
Background processing
Returns control immediately to you. With this option, Oracle Inventory processes transactions on a periodic basis via the Inventory Transaction Manager.
Immediate concurrent processing
Spawns a concurrent process when you commit the transaction and returns control immediately to you, allowing you to continue working.
Form level processing
Processes transactions using the processing control option you choose for that particular type of transaction. You must also set the Inventory profile options for Inter-Organization Transfer, Miscellaneous Issue and Receipt, Receive Customer Return, Return to Customer, and Transfer Between Subinventories. If you are using Oracle Work-in-Process, you must set the WIP profile options Completion Material Processing, Completion Transaction Form, Material Transaction Form, Move Transaction, Operation Backflush Setup, and Shop Floor Processing. https://docs.oracle.com/cd/E18727_01/doc.121/e13450/T291651T291655.htm

NEW QUESTION 22
Identify three statements that are true about reservations in back-to-back processing.

• A. One reservation is created for a demand and supply.
• B. Reservation supplies that can be reserved are Purchase Order
• C. Transfer Orders, Work Orders, and On Hand inventory.
• D. Reservations cannot be created for back-to-back On Hand supply orders.
• E. Partial fulfillment of reservations is supported.
• F. Changes to reservation in Oracle Logistics Cloud leads to exceptions, which are displayed in the Supply Chain Orchestration work area.

Answer: ABE

NEW QUESTION 23
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