Renewal 1z0-1023 Study Guides 2021

NEW QUESTION 1
Your company has multiple inventory organizations where goods are transferred internally. A user has created a new organization but the new organization is unavailable when creating an interorganization transfer.
What is the missing setup?

• A. The source and destination organization doesn't belong to the same legal entity.
• B. Inventory organization data access for users is not set up.
• C. The destination organization transfer type is In Transit.
• D. Interorganization Parameters are not set up between the organizations.

Answer: D

Explanation:

https://docs.oracle.com/cd/A60725_05/html/comnls/us/inv/iorgtrns.htm

NEW QUESTION 2
Your customer is a very large organization spanning across multiple countries. Their legal
requirements, Human Resource Policies, and Functional Currencies for ledger are different for each country. Your customer wants to maintain 10 different companies in the system.
Which combination meets this requirement?

• A. 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
• B. 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
• C. 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger
• D. 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger

Answer: C

NEW QUESTION 3
On the Supply Lines Overview page, the deviations in supply type chart show a supply line status of exception.
What action must you take?

• A. This indicates that supply line quantities are less than required, so additional quantities must be procured to meet the requirement.
• B. This indicates that supply line quantities are available but the quality is not up to the mark, so the quality issue must be resolved.
• C. This indicates that supply line quantities are not available, so inventory must be procured.
• D. This indicates that supply line has an exception in manufacturing goods, so the supply line must be changed.

Answer: C

Explanation:
https://docs.oracle.com/en/cloud/saasHYPERLINK "https://docs.oracle.com/en/cloud/saas/supplychain-
management/r13-update17d/fauco/overview.html#FAUCO2039588"/supply-chainmanagement/ r13-update17d/fauco/overview.html#FAUCO2039588

NEW QUESTION 4
Which action invokes supply chain orchestration and transfer of data to supply chain orchestration interface tables?

• A. creating a new Inventory Organization for execution of supply Chain orchestration
• B. running a scheduled process called "Create Transactions"
• C. creating Purchase Order Receipt
• D. running Min-Max Planning

Answer: A

NEW QUESTION 5
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 Pick
• B. Sales Order Issue
• C. Move Request Putaway
• D. Ship Confirm
• E. Miscellaneous Issue

Answer: B

NEW QUESTION 6
In the Back-to-Back (B2B) Order to Cash flow, ordered items are purchased from a supplier. 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. Preparer is not valid.
• C. The Sourcing rule is incorrect.
• D. No Blanket Purchase Agreement (BPA) exists for this supplier-item combination.
• E. Buy requests originate from Order Managemen

Answer: D

NEW 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 which orders have been shipped?

• A. Past Due, Not Completed
• B. Past Due Shipments
• C. Due Today, Not Completed
• D. Past Due, Completed Today
• E. Orders Completed in Full

Answer: D

NEW QUESTION 8
Which execution document is created by supply chain orchestration when a make request is received?

• A. Work Older
• B. Routing Create
• C. Purchase Order
• D. Movement Request
• E. Transfer Order

Answer: A

NEW QUESTION 9
For an Item to be enabled for back-to-back order process, which attribute do you need to set?

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

Answer: D

NEW QUESTION 10
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 receipt accounting processes successfully, the Item valuation 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 supplie

Answer: D

NEW QUESTION 11
A customer has one Business Unit, two Legal Entities, and each have eight warehouses (defined as Inventory Orgs). While trying to set up Cost Organizations for each of these Legal Entities, you were unable to perform the mandatory step of assigning the Profit Center Business Unit for one set of eight Inventory Organizations; however, you could do it for the other set.
What is the reason for this?

• A. There is no Inventory Validation Organization defined.
• B. The Legal Entity Setup is incomplete.
• C. The Business Unit is not enabled for Costing.
• D. There is no Business Unit associated with the Legal Entity.
• E. The General Ledger is not associated with Business Uni

Answer: D

NEW QUESTION 12
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 three days you transfer the ownership using the "create transfer to consigned transaction" task.
• B. You received the goods today and you decide to issue the goods after three days without transferring the ownership.
• C. You received the goods today and for the next one week you do not plan any action on the same.
• D. You received the goods today and after four days you return the material to the supplier.
• E. You received the goods today and after six days you decide to 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.

Answer: ACE

NEW QUESTION 13
You are a shop floor manager and you have received an order which is a back-to-back order in nature. You need to reserve 100 pieces of an item in order to finish your order. However there are only 50 pieces available for reservation.
If you process this request, how many pieces are provided as the fulfillment for the order?

• A. 100 piece
• B. 50 from on-hand and 50 in the form of a purchase order.
• C. 0 pieces, because partial fulfillment of reservation not supported.
• D. 25 pieces, only half of the quantities can be reserved.
• E. 50 pieces, because full 100 quantities are at availabl

Answer: B

NEW QUESTION 14
While creating the consignment agreement, you have set the consumption advice frequency to "monthly" and the billing cycle close date to "31st August, 2021".
What will happen when you run the consumption advice process on 31st August, 2021?

• A. No consumption advice is created.
• B. Consumption advice is created and the next closing date is set to 7th September, 3020.
• C. Consumption advice is created and the next closing date is set to 30th September, 2021.
• D. Consumption advice is created and the next closing date Is set to 30th October, 2021.

Answer: C

Explanation:
https://docs.oracle.com/cloud/r13_update17c/scmcs_gs/FAMML/FAMML1432436.htmHYPERLINK "https://docs.oracle.com/cloud/r13_update17c/scmcs_gs/FAMML/FAMML1432436.htm#FAMML138 0448"#FAMML1380448

NEW QUESTION 15
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. Subinventory Transfer
• B. Transfer Order
• C. Move Request
• D. Miscellaneous Transaction
• E. Requisitions

Answer: A

NEW QUESTION 16
A shipment has not yet been created for a pick that you are running. How is the due date calculated?

• A. request date from the order line
• B. earliest acceptable date from the order line
• C. system date
• D. promise date from the order line
• E. schedule ship date from the order line

Answer: E

NEW QUESTION 17
The physical inventory process is Carried out for & particular inventory organization with the following parameter:
* Negative Quantity Tolerance 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. An approval will be required before posting.
• B. The system will ask a user to recount before posting.
• C. Because the 95 is within the 10% tolerance, it will post without approval.
• D. The setup is invalid; it will give an error messag

Answer: D

NEW QUESTION 18
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. Manual Count
• B. Zero Quantity Count
• C. Cycle Count
• D. Physical Count
• E. Blind Count
• F. Serialized Count

Answer: C

NEW QUESTION 19
An inventory transaction is imported to the system through an FBDI template.
Which transaction state denotes that an inventory transaction is created in the Oracle Cloud Inventory Management application?

• A. Created
• B. New
• C. Validated
• D. Deferred
• E. Staged

Answer: C

Explanation:
The Validated transaction state denotes an inventory transaction that is created in the Oracle Fusion Inventory Management application.
https://docs.oracle.com/en/cloud/saas/supply-chain-management/r13-update17d/famml/manageinventory- transactions.html#FAMML1153493

NEW QUESTION 20
Your customer is managing a large sales team divided in two different geographies in the US

• A. They have the East Coast sales team and the Central sales tea
• B. 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?
• C. Define them as a single department and two separate cost centers.
• D. Define them as two separate departments and a single cost center.
• E. It is not possible to fulfill the requirement.
• F. Define them as one department and one cost cente

Answer: A

NEW QUESTION 21
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