Oracle Inventory Cloud 2017 Implementation Essentials - 1z1-986 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

While creating the consignment agreement, you have set the consumption advice frequency to "monthly" and the billing cycle close date to "31st August, 2020".
What will happen when you run the consumption advice process on 31st August, 2020?

A. Consumption advice is created and the next closing date is set to 7th September, 3020. B. Consumption advice is created and the next closing date Is set to 30th October, 2020. C. No consumption advice is created. D. Consumption advice is created and the next closing date is set to 30th September, 2020.

Discussion 0

Correct Answer: D Vote an answer

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Question 2

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

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

Discussion 0

Correct Answer: A,C,D Vote an answer

Question 3

For an Item to be enabled for back-to-back order process, which attribute do you need to set?

A. Item attribute: Back-To Back Enabled B. Item attribute: Allow purchase orders off of sales orders C. Item attribute: Reservations Enabled D. Organization attribute: Allow Back to Back Processing E. Organization attribute: Allow Reservations

Discussion 0

Correct Answer: A Vote an answer

Question 4

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?

A. You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task. B. You received the goods today and for the next one week you do not plan any action on the same. C. You received the goods today and after four days you return the material to the supplier. D. You received the goods today and you decide to issue the goods after three days without transferring the ownership. E. You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task. F. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.

Discussion 0

Correct Answer: B,E,F Vote an answer

Question 5

In Supply Chain Orchestration, Automated Change Management performs which two functions?

A. changing the ship method on a sales order B. changing the supplier on a purchase order C. change to item attributes D. splitting of a sales order E. change to need by dates of a purchase order

Discussion 0

Correct Answer: D Vote an answer

Question 6

Your organization is planning for a periodic counting of individual items automatically throughout the course of 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 not generated.
Identify two reasons that explain why the items are not being considered.

A. The approval controls are not set up. B. The ABC assignment group is not defined. C. The Cycle Count Enabled flag is not selected for the item. D. The Cycle Count Enabled flag is not selected for the inventory organization. E. The Include in Schedule option is not selected to include the item for auto-scheduling.

Discussion 0

Correct Answer: A,B Vote an answer

Question 7

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

Discussion 0

Correct Answer: A Vote an answer

Question 8

Your customer has a complex financial reporting structure.
Which three elements should you define first in order to form basis for this reporting?

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

Discussion 0

Correct Answer: A Vote an answer

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