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Oracle 1z0-1073-22 Oracle Inventory Cloud 2022 Implementation Professional Exam Practice Test

Demo: 11 questions
Total 77 questions

Oracle Inventory Cloud 2022 Implementation Professional Questions and Answers

Question 1

Your company has established inventory balances integration with 3PL system.

Which option cannot be achieved out of the box using this integration?

Options:

A.

Compare and automatically reportinventory mismatches.

B.

Purge inventory balance message periodically.

C.

Resolve processing exceptions.

D.

Import inventory balance message in bulk.

Question 2

A customer has one Business Unit, two Legal Entities, and each have eight warehouses (defined as Inventory Orgs). While trying to set up Cost Organizations for each of these Legal Entities, you were unable to perform the mandatory step of assigning the Profit Center Business Unit for one set of eight Inventory Organizations; however, you could do it for the other set.

What is the reason for this?

Options:

A.

The Business Unit is not enabled for Costing.

B.

There is no Business Unit associated with the Legal Entity.

C.

The Legal Entity Setup is incomplete.

D.

There is no Inventory Validation Organization defined.

E.

The General Ledger is not associated with Business Unit.

Question 3

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?

Options:

A.

Validated

B.

Created

C.

Deferred

D.

New

E.

Staged

Question 4

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?

Options:

A.

Sales Order

B.

PurchaseRequisitions

C.

Purchase Order

D.

Transfer Order

Question 5

Which three things are true about running the Min-Max Report? (Choose three.)

Options:

A.

The system calculates demand quantity by using information from existing sales orders, transfer orders, work orders and movement requests.

B.

You can run the report by item category.

C.

The Min-Max Replenishment ignores Item Processing Lead-time on Transfer orders.

D.

You can run the report or both Organizations and Subinventory Planning Levels simultaneously.

E.

You can suppress replenishment movement request when the source subinventory has zero item on-hand quantity.

Question 6

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 made. 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?

Options:

A.

Return the material and create a debit memo for the supplier.

B.

You cannot return consigned items that are invoiced and paid. Treat the material as scrap.

C.

You have to transfer the ownership of item and perform the return transaction.

D.

You have to cancel the invoice and send the material back without changing the ownership.

Question 7

What are the four steps for the move request process flow? (Choose four.)

Options:

A.

Physically move the material

B.

Confirm pick slips

C.

Create shipment

D.

Run the Movement Request Pick Slip Report

E.

Create Movement Request

F.

Run pickslip allocation

Question 8

In the Back-to-Back (B2B) Order to Cash flow, ordered items are purchased from a supplier. The Sourcing Rules have been defined for the item and the buy flow has been initiated. The sales order line is shown as Awaiting Shipping and the supply line status is “In Purchasing”with the supply order generated but the purchase requisition not generating.

What is the reason?

Options:

A.

Work definition is missing for the item.

B.

No Blanket Purchase Agreement (BPA) exists for this supplier – item combination.

C.

The sourcing rule is incorrect.

D.

ATP rule is not defined.

Question 9

A user is performing a materialreturn transaction against excess stock in an Inventory organization; however, the user fails to select the Physical Material Return Required check box.

What happens?

Options:

A.

A transfer order line remains open

B.

Shipment lines are created

C.

Stock isreserved

D.

It is considered as accounting-only return

Question 10

Your customer wants you to restrict the values of Receivables Transaction Type for their three business units. You createdthree 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?

Options:

A.

Reference Data Sets cannot be used uniquely across business units. They can only be used at the Legal Entity level.

B.

The user is seeing the values defined in the common set. The values should be removed from the common set.

C.

The user has multiple Business Unit Roles and, therefore, is able to see additional values.

D.

Receivables Transaction Types are common across business units.

Question 11

While creating the consignment agreement, you have set the consumption advice frequency to "monthly" and the billing cycle close date to "31st August, 2020".

What will happen when you run the consumption adviceprocess on 31st August, 2020?

Options:

A.

Consumption advice is created and the next closing date is set to 30th October, 2020.

B.

No consumption advice is created.

C.

Consumption advice is created and the next closing date is set to 30th September, 2020.

D.

Consumption advice is created and the next closing date is set to 7th September, 2020.

Demo: 11 questions
Total 77 questions