1Z1-1073 Exam Training Practice Tests (Oracle Inventory Cloud 2019 Implementation Essentials)]

Question 1

Which three types of jurisdictions should be considered while designing the Enterprise Structure?

A. Income Tax Jurisdiction B. Labor Jurisdiction C. Obligatory Jurisdiction D. Local Jurisdiction E. Transaction Tax Jurisdiction F. Identifying Jurisdiction

Correct Answer: A,E,F

Question 2

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. Manage Shipment Message Interface B. Upload ASN or ASBN C. Manage Inventory Transaction Correction in Spreadsheet D. Review Receipts Interface E. Review Count Interface Records F. Manage Lot/Serial Interface

Correct Answer: A,C,D,F

Question 3

As part of implementing Oracle Cloud for your customer, you defined multiple Business Units. The customer wants you to define an Inventory Organization that is associated with all the business units and not just one particular business unit.
How do you achieve this?

A. Leave the Profit Center Business Unit field blank in the Inventory Organization definition. B. It is not possible to define an Inventory Organization that is associated with more than one business unit. C. Define the Inventory Organization without associating it with any location. D. Leave the Management Business Unit field blank in the Inventory Organization definition.

Correct Answer: B

Question 4

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

A. Create shipment B. Run pick slip allocation C. Physically move the material D. Create Movement Request E. Run the Movement Request Pick Slip Report F. Confirm pick slips

Correct Answer: C,D,E,F

Question 5

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 Interorganization Markup B. Manage Organization Relationships C. Manage Transfer Pricing Rules D. Manage Cost Organization Relationships E. Manage Cost Plus Pricing

Correct Answer: D

Question 6

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

A. Reference Data Sets cannot be used uniquely across business units. They can only be used at the Legal Entity level. B. Receivables Transaction Types are common across business units. C. The user is seeing the values defined in the common set. The values should be removed from the common set. D. The user has multiple Business Unit Roles and, therefore, is able to see additional values.

Correct Answer: C

Question 7

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. Tax, Legal, and Industry B. Managerial, Operational, and Industry C. Legal, Managerial, and Functional D. Legal, Autonomy, and Operational

Correct Answer: C

Question 8

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. Assign the subinventory a material status that disallows reservations and allows subinventory transfers and issues to scrap. B. Disallow all inventory transactions for the subinventory "Defect". 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.

Correct Answer: A

Oracle Inventory Cloud 2019 Implementation Essentials - 1Z1-1073 Exam Practice Test