Oracle Inventory Cloud 2019 Implementation Essentials

QUESTION NO: 1
A third-party service equipment is used for various purposes in a manufacturing facility and needs to be overhauled once a year. This equipment is charged based on its consumption without a project dependency.
At this point, it should be transferred out to the vendor's warehouse for maintenance and then returned back in the future depending upon the requirement.
The material stock transfer should happen with an offline approval and with an account alias as a logical reference.
What is the ideal way to handle this process?

A. Miscellaneous Transaction B. Transfer Order C. Requisitions D. Subinventory Transfer E. Move Request

Correct Answer: A

QUESTION NO: 2
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 NO: 3
Which three applications originate a buy request that is received by supply chain orchestration?

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

Correct Answer: A,B,F

QUESTION NO: 4
In the Back-to-Back (B2B) Order to Cash flow, ordered items are purchased from a suplier. The Sourcing Rules have been defined for the item and the buy flow has been initiated. The sales order line is shown as Awaiting Shipping and the supply line status is "In Purchasing" with the supply order generated but the purchase requisition not generating.
What is the reason?

A. Supply order is generated with exceptions. B. The sourcing rule is incorrect. C. No Blanket Purchase Agreement (BPA) exists for this supplier-item combination. D. Preparer is not valid. E. Buy requests originate from Order Management.

Correct Answer: B

QUESTION NO: 5
Your client is about to define their primary ledger.
Which set of three primary attributes do they need to know in order to complete this?

A. Currency, Description, and Accounting Method B. Chart of Accounts, Ledger Balance, and Accounting Method C. Chart of Accounts, Description, and Accounting Method D. Chart of Accounts, Accounting Calendar, and Currency

Correct Answer: D

QUESTION NO: 6
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 not consigned items and ownership is with the organization. B. Items are not consigned items but ownership is still with the supplier. C. Items are consigned and ownership is transferred to "owned". D. Items are consigned items and ownership lies with the supplier.

Correct Answer: D

QUESTION NO: 7
Identify the availability type that is applicable for the item quanities maintained in a unit of measure different from the primary unit of measure and is available for various transactions.

A. Secondary On-hand Quantity B. Available C. Secondary Available Quantity D. Reserved E. On Hand

Correct Answer: C

QUESTION NO: 8
Your client has just set up their chart of accounts. They are now designing the organization hierarchy in the system.
Which three structures should the customer use to do this?

A. Cost Centers, Organizations, and Locations B. Warehouse, Subinventory, and Locators C. Cost type, Default Cost Structure, and Item Organization D. Divisions, Business Units, and Departments

Correct Answer: D

Oracle Inventory Cloud 2019 Implementation Essentials - 1Z0-1073 Exam Questions