1z0-1073-20 Exam Training Practice Tests (Oracle Inventory Cloud 2020 Implementation Essentials)]

Question 1

Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)

A. Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated. B. Cost method can be defined granularity down to individual items. C. Receipt Accounting is the application that performs the accrual accounting for all types of receipts. D. Landed Cost Management gives organizations financial visibility into their extended supply chain costs.

Correct Answer: A,C,D

Question 2

Identify three statements that are true about reservations in back-to-back processing.

A. One reservation is created for a demand and supply. B. Partial fulfillment of reservations is supported. C. Reservations cannot be created for back-to-back On Hand supply orders. D. Changes to reservation in Oracle Logistics Cloud leads to exceptions, which are displayed in the Supply Chain Orchestration work area. E. Reservation supplies that can be reserved are Purchase Orders, Transfer Orders, Work Orders, and On Hand inventory.

Correct Answer: A,D,E

Question 3

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

A. You can run the report or both Organizations and Subinventory Planning Levels simultaneously. B. You can suppress replenishment movement request when the source subinventory has zero item on-hand quantity. C. The Min-Max Replenishment ignores Item Processing Lead-time on Transfer orders. D. You can run the report by item category. E. The system calculates demand quantity by using information from existing sales orders, transfer orders, work orders and movement requests.

Correct Answer: A,B,D

Question 4

Which three applications originate a buy request that is received by supply chain orchestration? (Choose three.)

A. Purchasing B. Accounts Payable C. Planning D. Inventory E. Order Management F. Self Service Procurement

Correct Answer: C,D,E

Question 5

Which three statements about cost organization are correct? (Choose three.)

A. Profit center business unit can have one or more inventory organizations. B. A cost organization can have one or more inventory organizations. C. Profit center business units can have only one cost organization. D. All inventory organizations of a cost organization need to within the same business unit.

Correct Answer: A,B,D

Question 6

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

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

Correct Answer: C

Question 7

Identify the correct movement request where the move orders are preapproved requests for subinventory transfers that bring material from a source location to a shipment staging subinventory within the organization.

A. Movement Request Requisitions B. Shipping Movement Request C. Pick Wave Movement Request D. Replenishment Movement Request E. Automatic Movement Request Requisitions

Correct Answer: C

Question 8

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.
1. All their procurement, payables, and distribution activities take place from USA.
2. 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.
3. 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. BU1: USA - as procurement and requisitioning Business Unit (BU) BU2: Canada - as requisitioning Business Unit Define Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for Canada Requisitioning Business Unit B. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit C. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit D. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for both Canada and USA requisitioning Business Units

Correct Answer: D

Oracle Inventory Cloud 2020 Implementation Essentials - 1z0-1073-20 Exam Practice Test