oracle 1z0-1073-20 online test

Oracle Inventory Cloud 2020 Implementation Essentials

What students need to know about the 1z0-1073-20 exam

  • Total 55 Questions & Answers

Question 1

Which two options constitute the rights and responsibilities of a Legal Entity? (Choose two.)

  • A. Own property
  • B. Facilitate resource allocation
  • C. Manage warehouses
  • D. Account for themselves to regulators, taxation authorities, and owners according to rules specified in the relevant legislation
  • E. Create opportunities for new business



Question 2

Your organization has lot controlled and non-lot 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
Which option satisfies this requirement?

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



Question 3

Reorder quantities for an item subinventory are calculated using Fixed Lot Multiple and Round Order Quantity. Assume that
the reorder quantity is 24 and you specify 10 for the fixed lot multiple and enable rounding the reorder quantity.
What will be the reorder quantity?

  • A. 24
  • B. 30
  • C. 20
  • D. 25



Question 4

Your are in the process of analyzing the demand and supply schedules for the item based on high level reservations.
Identify the reservation document type that would be applicable to both supply as well as demand.

  • A. Account Alias
  • B. Movement Request
  • C. Requisition
  • D. On Hand
  • E. Work Order
  • F. Transfer Order



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



Question 6

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



Question 7

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. Fixed lot multiplier is not set.
  • B. Item is not defined in Manage Item Subinventories.
  • C. Min-max planning can be performed at the Organization level.
  • D. Rounding the Reorder Quantity is disabled.
  • E. No value has been set for the "Min-Max Replenishment Reorder Approval" profile.



Question 8

Supply Chain Financial Orchestration supports which three things? (Choose three.)

  • A. Separate physical movement from financial flow.
  • B. The user interface gives you the status of the orchestration transactions item serial numbers.
  • C. Resource transactions are interfaced directly from Manufacturing.
  • D. Configuration to define cost-based, document-based support for third-party transfer pricing rules.
  • E. Infrastructure and framework to define the financial trade and physical flows independently.



Question 9

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.



Question 10

You face a supply request exception due to some reason. You realize that you need to make some changes to the Manage
Supply Request Exceptions page.
Which action will you perform?

  • A. Update the supply request and submit it. The errors will be resolved automatically.
  • B. The supply request can be updated using a third-party application only.
  • C. Update the supply request and make sure errors are resolved before resubmitting it.
  • D. The supply request cannot be updated. The only way is to resolve the error in the source application and resubmit the request.


To page 2