1z0-1073 Exam - Oracle Inventory Cloud 2019 Implementation Essentials

NEW QUESTION 1
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 2
You set up an item organization and inventory organization as part of your customer’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 new receipt in the correct organization and retain the stock in the item organization because it does not affect any other operation.
• B. It is not possible to receive item in the item organization.
• C. Perform a correct receipt transaction and receive the item in the correct organization.
• D. Perform a return of item and receive the item again in the correct organization.

Answer: B

NEW QUESTION 3
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 4
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. Logistics Business Intelligence Analytics is enabled.
• B. Data permissions for the organization being referenced are not set up.
• C. Organization is not enabled for warehousing.
• D. Logistics Business Intelligence Analytics is not implemented.
• E. Supply Chain and Order Management Business Intelligence Analytics is not enabled.

Answer: DE

NEW QUESTION 5
You are a shop floor manager and you have received an order which is a back-to-back order in nature. You need to reserve 100 pieces of an item in order to finish your order. However there are only 50 pieces available for reservation.
If you process this request, how many pieces are provided as the fulfillment for the order?

• A. 50 pieces, because full 100 quantities are not available.
• B. 0 pieces, because partial fulfillment of reservation not supported.
• C. 25 pieces, only half of the quantities can be reserved.
• D. 100 pieces, 50 from on-hand and 50 in the form of a purchase order.

Answer: B

NEW QUESTION 6
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 7
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 Contract Manufacturing Relationships
• B. Manage Item Organizations
• C. Manage Subinventories
• D. Manage Inventory Organization Locations
• E. Manage Inventory Organizations

Answer: E

NEW QUESTION 8
Your client has just set up their chart of accounts. They are now designing the organization hierarchy in the system.
Which three structures should the customer use to do this?

• A. Divisions, Business Units, and Departments
• B. Cost type, Default Cost Structure, and Item Organization
• C. Warehouse, Subinventory, and Locators
• D. Cost Centers, Organizations, and Locations

Answer: A

NEW QUESTION 9
What are two outcomes when a lot expires on an item with lot control enabled?

• A. It cannot be reserved for a date beyond the expiration date.
• B. It is issued out of stores.
• C. It remains in inventory, but is not considered on-hand when the user is performing min-max or reorder point planning calculations.
• D. It cannot be transacted.
• E. It is not included in cycle counts.

Answer: AC

NEW QUESTION 10
Your organization is planning for a periodic counting of individual items automatically throughout the course of the year. As part of this activity, the user has loaded items to the cycle count but some of the items are not being considered when count schedules and count sequences are not generated.
Identify two reasons that explain why the items are not being considered.

• A. The Include in Schedule option is not selected to include the item for auto-scheduling.
• B. The approval controls are not set up.
• C. The ABC assignment group is not defined.
• D. The Cycle Count Enabled flag is not selected for the item.
• E. The Cycle Count Enabled flag is not selected for the inventory organization.

Answer: BD

NEW QUESTION 11
Your organization has lot controlled and nonlot controlled material and stores all defective material in a subinventory called “Defect”. The organization does not want defective material to be available for reservations or for subsequent shipping to customers.
Which option satisfies this requirement?

• A. Disallow all inventory transactions for the subinventory “Defect”.
• B. Assign the subinventory a material status that disallows reservations and allows subinventory transfers and issues to scrap.
• C. Tag the lot as defective product.
• D. Assign the lot a material status that disallows reservations and allows subinventory transfers and issues to scrap.
• E. Put a hold on the lot.

Answer: B

NEW QUESTION 12
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 13
Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and organizations apart from the received 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item validation for item A is still zero.
What is the reason?

• A. Items are consigned and ownership is transferred to “owned”.
• B. Items are consigned items and ownership lies with the supplier.
• C. Items are not consigned items but ownership is still with the supplier.
• D. Items are not consigned items and ownership is with the organization.

Answer: B

NEW QUESTION 14
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, Completed Today
• B. Due Today, Not Completed
• C. Past Due, Not Completed
• D. Past Due Shipments
• E. Orders Completed in Full

Answer: E

NEW QUESTION 15
Your customer has defined three business units: two of them require the same set of receivables payment terms whereas the third needs a separate set of receivables payment terms.
How will you achieve this requirement?

• A. Define one data set with common payment terms and exclude the payment terms feature from the third business unit.
• B. Define two reference data sets, assign the first set to the two business units which will share the same payment terms and second set to the business unit which needs separate payment terms.
• C. Define three reference data sets and assign each data set to each business unit.
• D. Define one reference data set and modify the business unit security.

Answer: B

NEW QUESTION 16
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 Requisitions
• C. Purchase Order
• D. Transfer Order

Answer: D

NEW QUESTION 17
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 18
Your client has not been managing Supply Request Exceptions on a regular basis. What issue does this cause?

• A. The request will be denied automatically if not resolved within two days.
• B. Supply orders are not created for these exceptions, thus causing disruptions in the Supply Chain.
• C. If exceptions are not resolved within a set threshold days, it alerts the manager and continues to escalate up the Supply Request Exception Chain.
• D. No issues would be caused; these are just warnings.
• E. After the errors reach a set threshold in profile options, no new requests can be created.

Answer: B

NEW QUESTION 19
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 20
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 to be able to do this?

• A. From Planner to Planner
• B. From Buyer to Buyer
• C. From Item to Item
• D. Sort by
• E. Planning Level

Answer: C

NEW QUESTION 21
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 one primary ledger with Japanese Yen currency so that all the subledger data gets converted to Japanese Yen automatically.
• B. 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.
• C. 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.
• D. This requirement cannot be fulfilled.

Answer: B

NEW QUESTION 22
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 23
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