Oracle Global Trade Management 2018 Implementation Essentials (1Z0-995) Free Practice Test

Question 1

To which Oracle Database instance are Oracle Data Integrator (ODI) repositories specific to GTI deployed?

A. Replicated Operational Database (ROD)

B. Checkpoint Database (CD)

C. Online Transaction Processing (OLTP) database

D. Historical Database (HD)

Correct Answer: C

Question 2

Which object identifies the Balance Type that tells GTM whether the license is reserved or assigned when it is attached to a transaction?

A. License Type

B. Control Type

C. Control Code

D. License Code

Correct Answer: D

Question 3

Which two options are correct about the purpose of the Declaration message? (Choose two.)

A. Provides an adult trail of useful messages regarding past user edits and screenings of the Declaration.

B. A container for capturing the response message from the customs authority or broker to pair it with the original Declaration.

C. Required xml message for estimating duty and tax using a third party web service

D. A business object to help manage the outbound electronic messages sent to a broker or customs authority.

Correct Answer: C,D

Question 4

Which three fields on the User Manager screen need to be populated to provide a new user access to GTI? (Choose three.)

A. Business Intelligence Role ID

B. Business Intelligence Application ID

C. Document Use Profile

D. Account Policy ID

E. User Role ID

Correct Answer: B,C,E

Question 5

Which three of the following does the system perform when you click the "Assign Costs" button in Landed Cost Simulator? (Choose three.)

A. Use the Formula Rule Set Group to calculate the value of the charges.

B. Use the Value Rule Set Group defined in Logic Configuration to assign charges.

C. Calculate the value of the customs duty and taxes.

D. Use the Formula Rule Set Group to assign formulas to the charges.

E. Determine the customs value based on the INCOTERMS.

Correct Answer: C,D,E

Question 6

Which Balance Type do you use when you want to commit the license balance to a transaction and have it reported to the government?

A. Assignment

B. Release

C. Reservation

D. Hold

Correct Answer: B

Question 7

Which two statements are correct about product classification assignment for an Item? (Choose two.)

A. If an item has multiple product classification types, then all of them are assigned to a Trade Transaction Line and there is no provision in GTM to filter the product classification types to be assigned to a Trade Transaction Line.

B. All the product classifications assigned to an item are deleted automatically by GTM if the item is modified.

C. Multiple product classification types can be assigned to an Item.

D. There is a limit of up to five product classification types that can be assigned to an item.

E. Product Classification Notes can be added to each product classification type assigned to an item.

Correct Answer: A,B

Question 8

In License Code, if your Limiting Factor is set to QUANTITY, your Balance Type is set to ASSIGNMENT, your Quality Balance Method is set to DECREASE, and your Value Balance Method is set to INCREASE, what will GTM do when assigning a license to a transaction?

A. GTM will decrease the Used Quantity balance on the License Line and ignore the Used Value balance on the License Line.

B. GTM will decrease the Available Quantity balance on the License Line and increase the Available Value balance on the License Line.

C. GTM will decrease the Used Quantity balance on the License Line and increase the Used Value balance on the License Line.

D. GTM will decrease the Reserved Quantity balance on the License Line and ignore the Reserved Value balance on the License Line.

Correct Answer: A

Welcome to TestSimulate

Oracle Global Trade Management 2018 Implementation Essentials (1Z0-995) Free Practice Test