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Practice 1Z0-1073-23 Exams, Valid Test 1Z0-1073-23 Format

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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions (Q12-Q17):

NEW QUESTION # 12
Your client is about to define their primary ledger.
Which set of three primary attributes do they need to know in order to complete this?

  • A. Chart of Accounts, Description, and Accounting Method
  • B. Currency, Description, and Accounting Method
  • C. Chart of Accounts, Ledger Balance, and Accounting Method
  • D. Chart of Accounts, Accounting Calendar, and Currency

Answer: B


NEW QUESTION # 13
Which three statements are true regarding Managing Units of Measure? (Choose three.)

  • A. A unit of measure conversion is a mathematical relationship between two different units of measure.
  • B. Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.
  • C. A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.
  • D. You must define Unit of measure class with a base unit of measure.
  • E. If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must define conversions between the base units of measure in different UOM classes.

Answer: A,C,D


NEW QUESTION # 14
Your company is an automobile spares manufacturing organization, which follows a discrete process. It has its own manufacturing and distribution centers located globally.
It has these business units:
US - USA business unit
CAN - Canadian business unit
UK - UK business unit
MX - Mexican business unit
IND - India business unit
SPA - Spain business unit
FRA - France business unit
NL - Netherlands business unit
GER - Germany business unit
These are the inventory organizations that exist in each business unit:
Inventory Org - business unit
--------------------------------------------
GM (Master Org) - US
US1 (Child Org) - US
US2 (Child Org) - US
CA1 (Child Org) - CAN
MX1 (Child Org) - MX
IN1 (Child Org) - IND
SP1 (Child Org) - SPA
FR1 (Child Org) - FRA
NL1 (Child Org) - NL
DE1 (Child Org) - GER
Which two statements are true?

  • A. You can define an item in the IN1 inventory organization and assign it to the DE1 inventory organization.
  • B. Operational Attributes can be controlled only at the Master Level.
  • C. Item organizations are also supported to serve as inventory organizations.
  • D. Items cannot be assigned to inventory organizations across business units.
  • E. Items defined in the GM organization can be assigned to US1,US2, NL1, and MX1 inventory organizations.
  • F. All inventory organizations do not need to be in the same business unit to assign items.

Answer: C,E


NEW QUESTION # 15
Which three statements about cost organization are correct? (Choose three.)

  • A. Profit center business unit can have one or more inventory organizations.
  • B. A cost organization can have one or more inventory organizations.
  • C. Profit center business units can have only one cost organization.
  • D. All inventory organizations of a cost organization need to within the same business unit.

Answer: A,C,D


NEW QUESTION # 16
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. Tag the lot as defective product.
  • B. Assign the subinventory a material status that disallows reservations and allows subinventory transfers and issues to scrap.
  • C. Put a hold on the lot.
  • D. Disallow all inventory transactions for the subinventory "Defect."

Answer: B


NEW QUESTION # 17
......

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