1z0-1073-22 Certification - The Ultimate Guide [Updated 2023]
1z0-1073-22 Practice Exam and Study Guides - Verified By ActualCollection
The Oracle 1z0-1073-22 certification exam is an essential certification for professionals who want to validate their skills and knowledge in managing inventory using Oracle Inventory Cloud 2022. This certification demonstrates the candidate's expertise in implementing the inventory management process, managing inventory transactions, and configuring inventory replenishment. It also validates the candidate's ability to manage inventory organizations and perform inventory analysis.
Additionally, the Oracle 1z0-1073-22 certification exam provides a competitive edge to individuals in the job market. This certification sets them apart from their peers by showcasing their expertise in the implementation of Oracle Inventory Cloud 2022. This certification also prepares individuals to adapt to the constantly-evolving cloud technology and equip them with skills that would enable them to work in the IT industry's most critical areas. By acquiring this certification, individuals can demonstrate their commitment to continued learning and growth.
NEW QUESTION # 21
Your client has not been managing Supply Request Exceptions on a regular basis.
What issue does this cause?
- A. The request will be deniedautomatically if not resolved within two days.
- B. No issues would be caused; these are just warnings.
- C. Supply orders are not created for these exceptions, thus causing disruptions in the Supply Chain.
- D. After the errors reach a set threshold in profile options, no new requests can be created.
- E. If exceptions are not resolved within a set threshold days, it alerts the manager and continues to escalate up the Supply Request Exception Chain.
Answer: C
NEW QUESTION # 22
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, Completed Today
- B. Orders Completed in Full
- C. Due Today, Not Completed
- D. Past Due Shipments
- E. Past Due, Not Completed
Answer: B
NEW QUESTION # 23
Which attribute value allows usage of common inventory for project specific demand?
- A. Allow use of common supplies : No andHard Pegging Level : Project Group
- B. Allow use of common supplies : Null and Hard Pegging Level: None
- C. Allow use of common supplies : No and Hard Pegging Level : Project and Task
- D. Allow use of common supplies : Null and Hard Pegging Level : Project Group
Answer: B
NEW QUESTION # 24
Your client has decided that Discrete Manufacturing will be implemented at a future stage, so any new supply from current manufacturing will be added to current inventory by the Open Transactions Interface. The immediate requirement is to go live with Inventory and Order Management.
Which twoseeded transaction types can be omitted for material status control?
- A. All Internal Transactions
- B. Average Cost Update
- C. Miscellaneous Issues and Receipts
- D. All Transaction Types Related to Work in Process
- E. Backflush Subinventory Transfer
Answer: D,E
NEW QUESTION # 25
The physical inventory process is carried out for a particular inventory organization with the following parameters:
* Negative QuantityTolerance Percentage is set to 10%
* Approval Type = 'Always'
The system says that there are 100 on hand, but you only counted 95. What will happen?
- A. The setup is invalid; it will give an error message.
- B. An approval will be required before posting.
- C. Because the 95 is within the 10% tolerance, it will post without approval.
- D. The system will ask a user to recount before posting.
Answer: B
NEW QUESTION # 26
Your customer wants you to restrict the values of Receivables Transaction Type for their three business units.
You createdthree 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. Reference Data Sets cannot be used uniquely across business units. They can only be used at the Legal Entity level.
- B. Receivables Transaction Types are common across business units.
- 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.
Answer: D
NEW QUESTION # 27
Material is transferred between two subinventories within an organization via transfer order. The setup is complete and the transfer order is created through the FBDIprocess.
What is the primary interface data that needs to be completed in the template?
- A. INV_SERIAL_NUMBERS_INTERFACE
- B. INV_TRANSACTION_LOTS_INTERFACE
- C. CST_I_INCOMING_TXN_COSTS
- D. INV_TRANSACTIONS_INTERFACE
- E. INV_SUBINVENTORY_TRANSFER
Answer: D
NEW QUESTION # 28
Your customer is setting up serial control. The requirement is that if item A has serial 123, then they do not want item B to also have serial 123 within thesame inventory organization.
Which serial control setting must be used to meet this requirement?
- A. Unique within organization
- B. Unique across Enterprise
- C. Unique across organizations
- D. Unique within Item and organization
- E. Unique within items
Answer: A
NEW QUESTION # 29
Your client wants certain inventory items of high importance to be counted periodically to improve the average level of inventory accuracy.
What type of counting would you recommend?
- A. Cycle Count
- B. Zero Quantity Count
- C. Serialized Count
- D. ManualCount
- E. Blind Count
Answer: A
NEW QUESTION # 30
What are two outcomes when a lot expires on an item with lot control enabled?
- A. It cannot be transacted.
- B. It cannot bereserved for a date beyond the expiration date.
- 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 is not included in cycle counts.
- E. It is issued out of stores.
Answer: B,C
NEW QUESTION # 31
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. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 32
Which three values are applicable for the profile option - "Transaction Processing Mode" for subinventory transfer and interorganization transfer? (Choose three.)
- A. Sequential Processing
- B. Online Processing
- C. Blind Processing
- D. Background Processing
- E. Concurrent Processing
- F. Offline Processing
Answer: B,D,E
NEW QUESTION # 33
Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?
- A. Cost Management will pick up the delivery transaction directly from Receivingand process the expense accounting from that transaction.
- B. Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.
- C. If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there willnot be a delivery transaction in inventory.
- D. If the receipt is not required, Cost Accounting will pick up both the issue and receipt activity from the single inventory transaction "Transfer Order Issue".
- E. Expense destination transfers are expensed upon delivery hittingan expense account instead of an inventory asset account as would be the case for inventory destination transfers.
Answer: B
NEW QUESTION # 34
Identify the availability type that is applicable for the item quantities maintained in a unit of measure different from the primary unit of measure and is available for various transactions.
- A. On Hand
- B. Reserved
- C. Secondary Available Quantity
- D. Secondary On-hand Quantity
- E. Available
Answer: C
NEW QUESTION # 35
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. Min-max planning can be performed at the Organization level.
- C. No value has been set for the "Min-Max Replenishment Reorder Approval" profile.
- D. Rounding the Reorder Quantity is disabled.
- E. Item is not defined in Manage Item Subinventories.
Answer: E
NEW QUESTION # 36
Which three statements about project specific picking process are correct? (Choose three.)
- A. Picks can be searched by project and task number.
- B. Picks with same project and task can be grouped to single pick slip.
- C. Pick release of movement request allocates common inventory prior to project specific inventory.
- D. Shipment lines with project task can be created in shippingorganization not enabled for projects.
Answer: A,B,C
NEW QUESTION # 37
You defined an Inventory Organization that is meant to track the contract manufacturing process outsourced to a supplier.
Where do you mention that this Inventory Organization is meant for one particular supplier?
- A. Manage Subinventories
- B. Manage Inventory Organizations
- C. Manage Item Organizations
- D. Manage Inventory Organization Locations
- E. Manage Contract Manufacturing Relationships
Answer: B
NEW QUESTION # 38
Your customer has a complex financial reporting structure.
Which three elements should you define firstin order to form a basis for this reporting?
- A. Legal, Managerial, and Functional
- B. Tax, Legal, and Industry
- C. Legal, Autonomy, and Operational
- D. Managerial, Operational, and Industry
Answer: A
NEW QUESTION # 39
Your company is an automobile spares manufacturing organization, which follows a discrete process. It has its own manufacturing and distribution centers located globally.
It has these business units:
US- USA business unit
CAN - Canadian business unit
UK - UK business unit
MX - Mexican business unit
IND - India business unit
SPA - Spain business unit
FRA - France business unit
NL - Netherlands business unit
GER - Germany business unit
These are the inventory organizations that exist in each business unit:
Inventory Org - business unit
--------------------------------------------
GM (Master Org) - US
US1 (Child Org) - US
US2 (Child Org) - US
CA1 (Child Org) - CAN
MX1 (Child Org) - MX
IN1 (Child Org) -IND
SP1 (Child Org) - SPA
FR1 (Child Org) - FRA
NL1 (Child Org) - NL
DE1 (Child Org) - GER
Which two statements are true? (Choose two.)
- A. You candefine an item in the IN1 inventory organization and assign it to the DE1 inventory organization.
- B. Items defined in the GM organization can be assigned to US1,US2, NL1, and MX1 inventory organizations.
- C. Operational Attributes can be controlled only at the Master Level.
- D. Items cannot be assigned to inventory organizations across business units.
- E. Item organizations are also supported to serve as inventory organizations.
- F. All inventory organizations do not need to be in the same business unit to assign items.
Answer: B,F
NEW QUESTION # 40
What are the four steps for the move request process flow? (Choose four.)
- A. Create shipment
- B. Create Movement Request
- C. Run pickslip allocation
- D. Run the Movement Request Pick Slip Report
- E. Physically move the material
- F. Confirm pick slips
Answer: B,D,E,F
NEW QUESTION # 41
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. Define the Inventory Organization without associating it with any location.
- B. It is not possible to define an Inventory Organization that is associated with more than one business unit.
- C. Leave the Profit Center Business Unit field blank in the Inventory Organization definition.
- D. Leave the Management Business Unit field blank in the Inventory Organization definition.
Answer: B
NEW QUESTION # 42
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