1Z0-1073 Online Practice Questions and Answers

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. There is no Inventory Validation Organization defined.

B. There is no Business Unit associated with the Legal Entity.

C. The General Ledger is not associated with Business Unit.

D. The Business Unit is not enabled for Costing.

E. The Legal Entity Setup is incomplete.

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.

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.

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

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.

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

A third-party service equipment is used for various purposes in a manufacturing facility and needs to be overhauled once a year. This equipment is charged based on its consumption without a project dependency. At this point, it should be transferred out to the vendor's warehouse for maintenance and then returned back in the future depending upon the requirement. The material stock transfer should happen with an offline approval and with an account alias as a logical reference. What is the ideal way to handle this process?

A. Subinventory Transfer

B. Move Request

C. Transfer Order

D. Miscellaneous Transaction

E. Requisitions

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 three values are applicable for the profile option ?"Transaction Processing Mode" for subinventory transfer and interorganization transfer?

A. Background Processing

B. Blind Processing

C. Sequential Processing

D. Concurrent Processing

E. Offline Processing

F. Online Processing

What are the four steps for the move request process flow?

A. Run pick slip allocation

B. Create Movement Request

C. Physically move the material

D. Run the Movement Request Pick Slip Report

E. Confirm pick slips

F. Create shipment

What three Key Performance Indicators are available in the Warehouse Operations Dashboard?

A. Cycle Count

B. Distributed Value

C. Hit or Miss Accuracy

D. Shipment Value

E. Inventory Value

F. Exact Matches Rate

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

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 currency. The system will throw an error upon processing.

B. It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.

C. The system will pick the first available currency from the List of Values.

D. 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.

E. The system will automatically pick "USD" as functional currency from the legal entity country.

The Applications Development Framework Desktop Integration (ADFdi) user interface is supported in Oracle Fusion Receiving, Inventory Management, and Shipping products. Identify four ADFdi user interfaces that are supported.

A. Review Receipts Interface

B. Manage Inventory Transaction Correction in Spreadsheet

C. Review Count Interface Records

D. Manage Lot/Serial Interface

E. Upload ASN or ASBN

F. Manage Shipment Message Interface