1Z0-1073-21 Online Practice Questions and Answers

Cost Accounting captures costed transactions that are picked up by the cost processor for all of the following but one - which is NOT, and picked up by the cost processor?

A. Shipping, receiving, and inventory transactions from manufacturing

B. Period close adjusting journal entries for payroll

C. Resource transactions are interfaced directly from Manufacturing

D. Invoices and revenue are interfaced from Fusion Receivables

E. Payable invoices are interfaced from Fusion Payables

Your organization has lot controlled and non-lot controlled material and stores all defective material in a

subinventory called "Defect." The organization does not want defective material to be available for

reservations or for subsequent shipping to customers.

Which option satisfies this requirement?

A. Put a hold on the lot.

B. Disallow all inventory transactions for the subinventory "Defect."

C. Assign the subinventory a material status that disallows reservations and allows subinventory transfers and issues to scrap.

D. Tag the lot as defective product.

What are the two scenarios that allow you to update the lot control option for an item? (Choose two.)

A. Item has zero on-hand quantity.

B. No open internal order exists for the item.

C. No open sales order exists for the item.

D. Item material status is Active.

Your customer wants you to restrict the values of Receivables Transaction Type for their three business units. You created three 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. The user is seeing the values defined in the common set. The values should be removed from the common set.

C. The user has multiple Business Unit Roles and, therefore, is able to see additional values.

D. Receivables Transaction Types are common across business units.

Your organization performs a restock via a transfer order between inventory organizations, using the following parameters for processing:

Transfer Type: In-transit transfer type Receipt Routing: Standard Transfer Order Required: Yes

During the process, the receiving organization wants to make a change to the transfer order line.

After which fulfillment stage will they no longer be able to change the transfer order?

A. Closed

B. Ship Confirm

C. Awaiting Fulfillment

D. Awaiting Billing

E. Awaiting Receiving

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. Miscellaneous Transaction

B. Requisitions

C. Move Request

D. Subinventory Transfer

E. Transfer Order

You need to load on-hand balances for go live. Which template should be used for this?

A. InventoryMiscellaneousTrxTemplate.xlsm

B. InventoryReservationImportTemplate.xlsm

C. InventoryOnHandBalanceTemplate.xlsm

D. InventoryTransactionImportTemplate.xlsm

E. InventoryBalanceImportTemplate.xlsm

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 two seeded transaction types can be omitted for material status control?

A. Average Cost Update

B. Miscellaneous Issues and Receipts

C. All Transaction Types Related to Work in Process

D. All Internal Transactions

E. Backflush Subinventory Transfer

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

A. Purchase Order

B. Routing Create

C. Work Order

D. Transfer Order

E. Movement Request

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. Validated

B. Created

C. Deferred

D. New

E. Staged