(2023) 1z0-1073-22 Exam Dumps, Practice Test Questions BUNDLE PACK
Inventory Management Cloud Certification 1z0-1073-22 Sample Questions Reliable
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NEW QUESTION 44
You are currently implementing Oracle Cloud for the Singapore entity of your multinational customer. Their headoffice 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. This requirement cannot be fulfilled.
- B. 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.
- C. Define one primary ledger with Japanese Yen currency so that all the subledger data gets converted to Japanese Yen automatically.
- 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 45
Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?
- A. If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there willnot be a delivery transaction in inventory.
- B. Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.
- C. 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".
- D. Cost Management will pick up the delivery transaction directly from Receivingand process the expense accounting from that transaction.
- E. Expense destination transfers are expensed upon delivery hittingan expense account instead of an inventory asset account as would be the case for inventory destination transfers.
Answer: B
NEW QUESTION 46
Which three statements about the main areas of ManagerialAccounting are correct? (Choose three.)
- A. Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
- B. Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
- C. Cost method can be defined granularity down to individual items.
- D. Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
Answer: A,B,D
NEW QUESTION 47
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. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 48
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. New
- B. Created
- C. Validated
- D. Deferred
- E. Staged
Answer: C
NEW QUESTION 49
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. Internal Requisition
- B. Purchase Requisition
- C. None; this is an invalid setup
- D. Movement request
- E. Intraorganization transfer order
Answer: E
NEW QUESTION 50
Which three applications originate a buy request that is received by supply chain orchestration? (Choose three.)
- A. Self Service Procurement
- B. Planning
- C. Order Management
- D. Accounts Payable
- E. Inventory
- F. Purchasing
Answer: B,C,E
NEW QUESTION 51
What are the two scenarios that allow you to update the lot control option for an item?(Choose two.)
- A. Item material status is Active.
- B. Item has zero on-hand quantity.
- C. No open sales order exists for the item.
- D. No open internal order exists for the item.
Answer: B,C
NEW QUESTION 52
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 Subinventories
- B. Manage Inventory Organization Locations
- C. Manage Contract Manufacturing Relationships
- D. Manage Inventory Organizations
- E. Manage Item Organizations
Answer: D
NEW QUESTION 53
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 theorganization.
- A. Movement Request Requisitions
- B. Pick Wave Movement Request
- C. Replenishment Movement Request
- D. Automatic Movement Request Requisitions
- E. Shipping Movement Request
Answer: B
NEW QUESTION 54
Which two options constitute the rights and responsibilities of a Legal Entity? (Choose two.)
- A. Create opportunities for new business
- B. Facilitate resource allocation
- C. Own property
- D. Account for themselves to regulators, taxation authorities, and owners according to rulesspecified in the relevant legislation
- E. Manage warehouses
Answer: C,D
NEW QUESTION 55
Which execution document is created by supply chain orchestration when a make request is received?
- A. Purchase Order
- B. Transfer Order
- C. Work Order
- D. Routing Create
- E. Movement Request
Answer: C
NEW QUESTION 56
You set up an item organization and an inventory organization as part of your customer's requirement.
Your customer has, bymistake, performed a receipt transaction in the item organization instead of the inventory organization. How wiil you rectify the error?
- A. Perform a correct receipt transaction and receive the item in the correct organization.
- B. Perform a new receipt in the correct organization and retain the stock in item organization because it does not affect any other operation.
- C. Perform a return of itemand receive the item again in the correct organization.
- D. It is not possible to receive item in the item organization.
Answer: D
NEW QUESTION 57
A shipment has not yet been created for a pick that you are running.
How is the due date calculated?
- A. request date from the order line
- B. promise date from the order line
- C. system date
- D. schedule ship date from the order line
- E. earliest acceptable date from the order line
Answer: D
NEW QUESTION 58
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 periodas 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?
(Choose three.)
- 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 after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
- C. You received the goods today and for the next one weekyou do not plan any action on the same.
- D. You received the goods today and you decide to issue the goods after three days without transferring the ownership.
- E. You received the goods today and after four days you return the material to the supplier.
- F. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
Answer: C,D,F
NEW QUESTION 59
What are the four steps for the move request process flow? (Choose four.)
- A. Create Movement Request
- B. Run pickslip allocation
- C. Physically move the material
- D. Confirm pick slips
- E. Create shipment
- F. Run the Movement Request Pick Slip Report
Answer: A,C,D,F
NEW QUESTION 60
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 tobe able to do this?
- A. Planning Level
- B. From Item to Item
- C. From Buyer to Buyer
- D. From Planner to Planner
- E. Sort by
Answer: B
NEW QUESTION 61
Which three values are applicable for the profile option - "Transaction Processing Mode" for subinventory transfer and interorganization transfer? (Choose three.)
- A. Online Processing
- B. Background Processing
- C. Concurrent Processing
- D. Blind Processing
- E. Sequential Processing
- F. Offline Processing
Answer: A,B,C
NEW QUESTION 62
Identify the correct sequence of consigned inventory process flow.
- A. Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer- Consumption advice sent to supplier
- B. Consignment order sent to supplier - Consignment agreement creation - Consumption advice sent to supplier - Consigned inventory received by buyer
- C. Consumption advice sent to supplier - Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer
- D. Consignment agreement creation - Consignment order sent to supplier - Consigned inventory received by buyer - Consumption advice sent to supplier
Answer: D
NEW QUESTION 63
Your are in the process of analyzing the demand and supply schedules for the item based on high level reservations.
Identify the reservation document type that would be applicable to both supply as well as demand.
- A. On Hand
- B. Account Alias
- C. Work Order
- D. Requisition
- E. Transfer Order
- F. Movement Request
Answer: E
NEW QUESTION 64
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