Regenerate 1z0-1073 Test For Oracle Inventory Cloud 2021 Implementation Essentials Certification

NEW QUESTION 1
What does the system do if you have not entered a count for a tag during physical inventory process?

• A. It will consider the current system quantity
• B. You will not be able to post without a quantity for every tag.
• C. A warehouse person will be notified.
• D. Any adjustment will be rejected.
• E. It will adjust your on-hand balances down to zero quantity.

Answer: E

NEW QUESTION 2
Identify two statements that are true about the cost-organization relationship.

• A. Costing Item Validation Organization is used to default the Unit of Measure for costing calculations.
• B. Only inventory organizations belonging to different Item Master Organizations can be part of a cost organization.
• C. The inventory organizations that are assigned to a cost organization must all belong to the same legal entity.
• D. Costing Item Validation Organization can only be Item Master Organization of the underlying Inventory organizations.

Answer: CD

NEW QUESTION 3
Which three statements are true for an expense destination transfers that does NOT require a receipt at destination inventory organization?

• A. The destination inventory is not incremented.
• B. There is no cost associated to the transaction.
• C. A receipt is required on interorganization expense destination transfer orders between the from and to organizations.
• D. The transfer order is considered received and delivered at the time of shipment.
• E. There is no put away transaction in Inventory since item is expensed.

Answer: ACE

NEW QUESTION 4
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

Answer: ADE

NEW QUESTION 5
A shipment has not yet been created for a pick that you are running. How is the due date calculated?

• A. earliest acceptable date from the order line
• B. promise date from the order line
• C. request date from the order line
• D. system date
• E. schedule ship date from the order line

Answer: E

NEW QUESTION 6
Your company has multiple inventory organizations where goods are transferred internally. A user has created a new organization but the new organization is unavailable when creating an interorganization transfer.
What is the missing setup?

• A. The destination organization transfer type is In Transit.
• B. Interorganization Parameters are not set up between the organizations.
• C. Inventory organization data access for users is not set up.
• D. The source and destination organization doesn’t belong to the same legal entity.

Answer: D

NEW QUESTION 7
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.

Answer: D

NEW QUESTION 8
Which action invokes supply chain orchestration and transfer of data to supply chain orchestration interface tables?

• A. running Min-Max Planning
• B. creating Purchase Order Receipt
• C. running a scheduled process called “Create Transactions”
• D. creating a new Inventory Organization for execution of supply chain orchestration

Answer: A

NEW QUESTION 9
A user is performing a material return transaction against excess stock in an Inventory organization; however, the user fails to select the Physical Material Return Required check box.
What happens?

• A. A transfer order line remains open
• B. Shipment lines are created
• C. Stock is reserved
• D. It is considered as accounting-only return

Answer: D

NEW QUESTION 10
You face a supply request exception due to some reason. You realize that you need to make some changes to the Manage Supply Request Exceptions page.
Which action will you perform?

• A. The supply request cannot be update
• B. The only way is to resolve the error in the source application and resubmit the request.
• C. Update the supply request and submit i
• D. The errors will be resolved automatically.
• E. The supply request can be updated using a third-party application only.
• F. Update the supply request and make user errors are resolved before resubmitting it.

Answer: A

NEW QUESTION 11
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

Answer: B

NEW QUESTION 12
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

Answer: C

NEW QUESTION 13
While performing the task “Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet Task”, you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America.
What will be the functional currency of the ledger you are defining?

• A. It is mandatory to provide functional currency, because ledger cannot be defined without functional currenc
• B. The system will throw an error upon processing.
• C. It is mandatory to provide functional currency because ledger cannot be defined without functional currenc
• D. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.
• E. The system will pick the first available currency from the List of Values.
• F. The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.
• G. The system will automatically pick “USD” as functional currency from the legal entity country.

Answer: E

NEW QUESTION 14
Which two statements are true in regard to using the Enterprise Structures Configurator?

• A. The guided interview-based process helps you set up the enterprise with best practices.
• B. It recommends job and position structures.
• C. It creates the chart of accounts.
• D. It allows you to create your Enterprise, Business Units, and Warehouses in a single step.
• E. You cannot modify the recommendation from the too
• F. You must do it after you perform the initial configuration.

Answer: AD

NEW QUESTION 15
Your client has decided that Discrete Manufacturing will be implemented at a future stage, so any new supply from current manufacturing will be added to current inventory by the Open Transactions Interface. The immediate requirement is to go live with Inventory and Order Management.
Which two seeded transaction types can be omitted for material status control?

• A. Average Cost Update
• B. Miscellaneous Issues and Receipts
• C. All Transaction Types Related to Work in Process
• D. All Internal Transactions
• E. Backflush Subinventory Transfer

Answer: CE

NEW QUESTION 16
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

Answer: A

NEW QUESTION 17
Which two tasks must be defined to set up the Facilities Schedule?

• A. Manage Facility Time Cards
• B. Manage Facility Operations
• C. Manage Facility Workday Patterns
• D. Manage Facility Shifts
• E. Manage Facility Holidays

Answer: CD

NEW QUESTION 18
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.
All their procurement, payables, and distribution activities take place from USA.
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.
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. Option A
• B. Option B
• C. Option C
• D. Option D

Answer: C

NEW QUESTION 19
Which execution document is created by supply chain orchestration when a make request is received?

• A. Purchase Order
• B. Routing Create
• C. Work Order
• D. Transfer Order
• E. Movement Request

Answer: C

NEW QUESTION 20
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.

Answer: C

NEW QUESTION 21
Your company is an automobile spares manufacturing organization, which follows a discrete process. It has its own manufacturing and distribution centers located globally. It has these business units:

These are the inventory organizations that exist in each business unit:

Which two statements are true?

• A. Items cannot be assigned to inventory organizations across business units.
• B. Items organizations are also supported to serve as inventory organizations.
• C. You can define an item in the IN1 inventory organization and assign it to the DE1 inventory organization.
• D. Operational Attributes can be controlled only at the Master Level.
• E. All inventory organizations do not need to be in the same business unit to assign items.
• F. Items defined in the GM organization can be assigned to US1, US2, NL1, and MX1 inventory organizations.

Answer: EF

NEW QUESTION 22
For an Item to be enabled for back-to-back order process, which attribute do you need to set?

• A. Item attribute: Reservations Enabled
• B. Organization attribute: Allow Reservations
• C. Organization attribute: Allow Back to Back Processing
• D. Item attribute: Allow purchase orders off of sales orders
• E. Item attribute: Back-To-Back Enabled

Answer: E

NEW QUESTION 23
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 Issue
• B. Sales Order Pick
• C. Move Request Putaway
• D. Ship Confirm
• E. Miscellaneous Issue

Answer: A

NEW QUESTION 24
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.

Answer: ABE

NEW QUESTION 25
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. Set up the domestic and international businesses as separate business units.
• B. Set up the domestic and international businesses as separate projects.
• C. Use data access security to separate what each customer can control.
• D. Set up the domestic and international businesses as separate cost centers.
• E. Set up the domestic and international businesses as separate operating units.

Answer: A

NEW QUESTION 26
......