Oracle Global Trade Management 2018 Implementation Essentials (1Z1-995) Free Practice Test

Question 1

Company A has a few systems keeping the Item Master, and GTM is requested to be flexible on Item creation. Which three options are true about Item creation in GTM? (Choose three.)

A. Items can be manually created in the GTM UI.

B. Items can be uploaded by the Product Classification Template in GTM.

C. Items can be downloaded from the External Content Provider.

D. Items can be sent from an ERP system, such as Oracle ERP Cloud, to GTM.

E. Items can be uploaded by CSV in GTM.

Correct Answer: A,C,E

Question 2

Based on the screenshot shown below, which two options are correct for Service Preference configuration? (Choose two.)

A. If the Data Version ID is not specified, then the system will throw an error during screening that Data Version ID needs to be specified.

B. Exclude Words is used to specify words to exclude when ONLY "Dice" Match Engine is used.

C. It is not mandatory to specify Agency Code.

D. If the Data Version ID is not specified and if there is a Restricted Parties List with a Data Version with the "Current" flag set, it will be used for screening.

E. At the most sixty-four words can be specified in Exclude Words.

Correct Answer: D,E

Question 3

Identify two objects that need to be set up in GTM when you want to receive a new tariff containing classification data into GTM. (Choose two.)

A. Data Load Type

B. Product Classification Type

C. Content Set

D. Data Version

Correct Answer: B,C

Question 4

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

Question 5

The Shipments-Imports and Shipments-Export dashboards enable you to select the time period you want to report on. If the time period is not changed, what's the default setting?

A. Prior quarter's shipments

B. Prior month's shipments

C. Prior week's shipments

D. All shipments

Correct Answer: D

Question 6

There is one transaction with the TS_CONTROL_SCREENING status gives as TS_CONTROL_SCREENING_FAILED. This status indicates _______.

A. nothing is particular. this transaction can just be executed as is

B. that it may require a license

C. that it is a License Exception

D. that it is NOT appropriate to execute this transaction

Correct Answer: B

Question 7

Which business object do you use to set up the details of the classification data that you want to download and configure how it is mapped from the content provider's data to the GTM data structure?

A. External System

B. Product Classification Category

C. Data Load Type

D. Content Source

Correct Answer: A

Question 8

When creating a new Declaration type, which three processes may need to be configured depending on the requirements of the local customs authority? (Choose three.)

A. Set up a License Code that defines whether a license is incremented or decremented for the Trade Transaction.

B. Set up a data configuration that defines the data required to be copied from the Transaction onto the Declaration.

C. Define a constraint set with grouping criteria that identifies how to combine Trade Transactions into a Declaration.

D. Create aggregation criteria that consolidate Transaction Lines, based on parameters such as tariff code or country of origin, into fewer lines on the final Declaration.

Correct Answer: A,B,D

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Oracle Global Trade Management 2018 Implementation Essentials (1Z1-995) Free Practice Test