Oracle Inventory Cloud 2020 Implementation Essentials

Question 1

What are two outcomes when a lot expires on an item with lot control enabled?

A. It cannot bereserved for a date beyond the expiration date.

B. It is not included in cycle counts.

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 issued out of stores.

Correct Answer: A,C

Question 2

Your organization is planning for a periodic counting of individual itemsthroughout the year. As part of this activity, the user has loaded items to the cycle count but some of the items are not being considered when count schedules and count sequences are generated.
Which reason explains why the items are not being considered?

A. The approval controls are not set up.

B. The Cycle Count Enabled flag is not selected for the inventory organization.

C. The Cycle Count Enabled flag is not selected for the item.

D. The Include in Schedule option is not selected to include the item for auto-scheduling.

Correct Answer: C

Question 3

Your customer is managing a large sales team divided in two different geographies in the USA. They have the East Coast sales team and the Central sales team. Both teams are handled by one manager and perform the same function.
You customer wants to track the expenses of the two teams separately; however, they do not consider them different as they are handled by one manager only.
How will you fulfill the requirement?

A. Define them as one department and one cost center.

B. Define them as a single department and two separate cost centers.

C. It is not possible to fulfill the requirement.

D. Define them as two separate departments and a single costcenter.

Correct Answer: B

Question 4

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

C. 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.

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

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

Correct Answer: B,C,D

Question 5

Which three statements about project specific picking process are correct? (Choose three.)

A. Picks can be searched by project and task number.

B. Pick release of movement request allocates common inventory prior to project specific inventory.

C. Picks with same project and task can be grouped to single pick slip.

D. Shipment lines with project task can be created in shippingorganization not enabled for projects.

Correct Answer: A,B,C

Question 6

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. 30

B. 20

C. 24

D. 25

Correct Answer: A

Question 7

You have orders that were due for shipping last week, but as of now they have not been shipped.
Which dashboard should you check at the end of the day to determine whichorders have been shipped?

A. Past Due, Not Completed

B. Due Today, Not Completed

C. Orders Completed in Full

D. Past Due, Completed Today

E. Past Due Shipments

Correct Answer: C

Question 8

Cost Accounting captures costed transactions that are picked up by the cost processor for all of the following but one - which is NOT, and picked up by the cost processor?

A. Shipping, receiving, and inventory transactions from manufacturing

B. Invoices and revenue are interfaced from Fusion Receivables

C. Resource transactions are interfaced directly from Manufacturing

D. Payable invoices are interfaced from Fusion Payables

E. Period close adjusting journal entries for payroll

Correct Answer: C

Oracle Inventory Cloud 2020 Implementation Essentials - 1Z0-1073-21 Exam Practice Test

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