Oracle Inventory Cloud 2020 Implementation Essentials - 1z0-1073-20 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

What are the two scenarios that allow you to update the lot control option for an item? (Choose two.)

A. No open sales order exists for the item. B. No open internal order exists for the item. C. Item has zero on-hand quantity. D. Item material status is Active.

Discussion 0

Correct Answer: A,C Vote an answer

Question 2

Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back.
What is the process of returning the material?

A. You have to transfer the ownership of item and perform the return transaction. B. You cannot return consigned items that are invoiced and paid. Treat the material as scrap. C. You have to cancel the invoice and send the material back without changing the ownership. D. Return the material and create a debit memo for the supplier.

Discussion 0

Correct Answer: D Vote an answer

Question 3

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

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

Discussion 0

Correct Answer: B,C Vote an answer

Question 4

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

Discussion 0

Correct Answer: D Vote an answer

Question 5

Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and organizations apart from the received 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item validation for item A is still zero.
What is the reason?

A. Items are consigned items and ownership lies with the supplier. B. Items are consigned and ownership is transferred to "owned". C. Items are not consigned items and ownership is with the organization. D. Items are not consigned items but ownership is still with the supplier.

Discussion 0

Correct Answer: A Vote an answer

Question 6

Your customer wants to prevent customer shipments out of a specific subinventory. They are setting up a material status to control this.
Which transaction do they need to disallow?

A. Sales Order Issue B. Ship Confirm C. Miscellaneous Issue D. Sales Order Pick E. Move Request Putaway

Discussion 0

Correct Answer: A Vote an answer

Question 7

Your organization performs a restock via a transfer order between inventory organizations, using the following parameters for processing:
Transfer Type: In-transit transfer type Receipt Routing: Standard
Transfer Order Required: Yes
During the process, the receiving organization wants to make a change to the transfer order line. After which fulfillment stage will they no longer be able to change the transfer order?

A. Ship Confirm B. Awaiting Billing C. Awaiting Fulfillment D. Awaiting Receiving E. Closed

Discussion 0

Correct Answer: E Vote an answer

Question 8

Which three statements are true regarding PAR Location Management?

A. Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories. B. If the stock level falls below the target on-hand quantity for the locator, inventory generates the appropriate replenishment document based on the item sourcing for the subinventory. C. PAR location management replenishment are calculated at the organization level or subinventory level. D. A receipt is required on interorganization expense destination transfer orders between the from and to organizations E. Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.

Discussion 0

Correct Answer: A,D,E Vote an answer