1Z0-1073-21 Online Practice Questions and Answers

Which attribute value allows usage of common inventory for project specific demand?

A. Allow use of common supplies : No and Hard Pegging Level : Project Group

B. Allow use of common supplies : Null and Hard Pegging Level : Project Group

C. Allow use of common supplies : No and Hard Pegging Level : Project and Task

D. Allow use of common supplies : Null and Hard Pegging Level : None

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 Organization Relationships

B. Manage Supply Chain Financial Orchestration Transfer Pricing Rules

C. Manage Cost Plus Pricing

D. Manage Organization Relationships

E. Manage Interorganization Markup

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? (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 you decide to issue the goods after three days without transferring the ownership.

D. You received the goods today and after four days you return the material to the supplier.

E. You received the goods today and for the next one week you do not plan any action on the same.

F. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.

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

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.

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

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 pick slip allocation

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?

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.

Which three statements are true regarding Managing Units of Measure? (Choose three.)

A. Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.

B. A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.

C. A unit of measure conversion is a mathematical relationship between two different units of measure.

D. If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must define conversions between the base units of measure in different UOM classes.

E. You must define Unit of measure class with a base unit of measure.

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.

Your customer is setting up serial control. The requirement is that if item A has serial 123, then they do not want item B to also have serial 123 within the same inventory organization. Which serial control setting must be used to meet this requirement?

A. Unique within items

B. Unique across Enterprise

C. Unique across organizations

D. Unique within organization

E. Unique within Item and organization

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. Validated

B. Created

C. Deferred

D. New

E. Staged

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. Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.

C. 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.

D. 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.

E. 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".

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

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

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

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

A. Managerial, Operational, and Industry

B. Legal, Autonomy, and Operational

C. Tax, Legal, and Industry

D. Legal, Managerial, and Functional