Oracle Inventory Cloud 2019 Implementation Essentials (1Z1-1073) Free Practice Test

Question 1

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. 30

B. 20

C. 25

D. 24

Correct Answer: A

Question 2

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 Item Organizations

B. Manage Subinventories

C. Manage Inventory Organizations

D. Manage Inventory Organization Locations

E. Manage Contract Manufacturing Relationships

Correct Answer: C

Question 3

Your customer has a complex financial reporting structure.
Which three elements should you define first in order to form a basis for this reporting?

A. Legal, Autonomy, and Operational

B. Legal, Managerial, and Functional

C. Managerial, Operational, and Industry

D. Tax, Legal, and Industry

Correct Answer: B

Question 4

Your client has not been managing Supply Request Exceptions on a regular basis.
What issue does this cause?

A. The request will be denied automatically if not resolved within two days.

B. If exceptions are not resolved within a set threshold days, it alerts the manager and continues to escalate up the Supply Request Exception Chain.

C. After the errors reach a set threshold in profile options, no new requests can be created.

D. Supply orders are not created for these exceptions, thus causing disruptions in the Supply Chain.

E. No issues would be caused; these are just warnings.

Correct Answer: D

Question 5

You face a supply request exception due to some reason. You realize that you need to make some changes to the Manage Supply Request Exceptions page.
Which action will you perform?

A. Update the supply request and submit it. The errors will be resolved automatically.

B. Update the supply request and make user errors are resolved before resubmitting it.

C. The supply request can be updated using a third-party application only.

D. The supply request cannot be updated. The only way is to resolve the error in the source application and resubmit the request.

Correct Answer: D

Question 6

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. Blind Count

B. Zero Quantity Count

C. Cycle Count

D. Physical Count

E. Manual Count

F. Serialized Count

Correct Answer: C

Question 7

A user is performing a material return transaction against excess stock in an Inventory organization; however, the user fails to select the Physical Material Return Required check box.
What happens?

A. Shipment lines are created

B. Stock is reserved

C. It is considered as accounting-only return

D. A transfer order line remains open

Correct Answer: C

Question 8

You have set up min-max planning at the subinventory level with the following to source item AS12312 for Organization: M1:
* Source Type: Organization
* Organization: M1
What type of supply request will be generated?

A. Intraorganization transfer order

B. Internal Requisition

C. Movement request

D. Purchase Requisition

E. None; this is an invalid setup

Correct Answer: A

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Oracle Inventory Cloud 2019 Implementation Essentials (1Z1-1073) Free Practice Test