While negotiating the terms of the consignment agreement, the buyer and the supplier mutually agree to set the aging onset point as receipt and the aging period as five days. The terms also say that the consumption advice will be generated daily.
In which three scenarios will the goods be transferred from the supplier's ownership to buyer's ownership?
A. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
B. You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.
C. You received the goods today and for the next one week you do not plan any action on the same.
D. You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
E. You received the goods today and you decide to issue the goods after three days without transferring the ownership.
F. You received the goods today and after four days you return the material to the supplier.
Which three replenishment count types are used for Periodic Automated Replenishment (PAR)?
A. On-Hand Quantity: Generated a replenishment requisition for the difference between the on-hand quantity and the PAR-level quantity
B. Order Economic Order Quantity (EOQ): Generates a replenishment request for the calculated quantities based on inventory policies to maintain the PAR quantity
C. Order Quantity: Generates a replenishment request for the order quantity entered for the replenishment count
D. Reorder Point: Generates a replenishment request for the order quantity based on days of cover for the item lead time
E. Order PAR: Generates a replenishment requisition for the PAR-level quantity
Your customer decides to implement Cloud Procurement and Inventory. While discussing with your
customer, you come to know that they have a business that spans across multiple locations and they have
warehouses situated across USA and Canada.
All their procurement, payables, and distribution activities take place from USA.
They have a central warehouse in USA and after the goods are delivered to this warehouse, they are
distributed across multiple additional warehouses. The warehouses are managed separately from the
requisitioning units.
For requesting material they have two units. One located in USA that monitors the current stock.
They are responsible for creating requisition for any material shortage in USA. They have another location
in Canada for requesting material.
Which setup fulfills this scenario?
A. Option A
B. Option B
C. Option C
D. Option D
You are currently implementing Oracle Cloud for the Singapore entity of your multinational customer. Their
head office is located in Japan. Apart from Singapore, their other entities are using a legacy system.
Their requirement is to implement Oracle Cloud in such a way that at the end of the financial year, all their
financial reporting should be in Japanese yen.
How will you fulfill the above requirement?
A. Define one primary ledger with Japanese Yen currency so that all the subledger data gets converted to Japanese Yen automatically.
B. Define one primary ledger with SGD (Singapore Dollars) as primary currency and use the reporting currency functionality to provide the necessary data in Japanese Yen currency.
C. Define two ledgers one in SGD (Singapore Dollars) and one in Japanese Yen and transfer data of all the subledgers in these two primary ledgers.
D. This requirement cannot be fulfilled.
Your client has just set up their chart of accounts. They are now designing the organization hierarchy in
the system.
Which three structures should the customer use to do this?
A. Divisions, Business Units, and Departments
B. Cost type, Default Cost Structure, and Item Organization
C. Warehouse, Subinventory, and Locators
D. Cost Centers, Organizations, and Locations
You set up an item organization and inventory organization as part of your customer's requirement. Your customer has, by mistake, performed a receipt transaction in the item organization instead of the inventory organization.
How will you rectify the error?
A. Perform a new receipt in the correct organization and retain the stock in the item organization because it does not affect any other operation.
B. It is not possible to receive item in the item organization.
C. Perform a correct receipt transaction and receive the item in the correct organization.
D. Perform a return of item and receive the item again in the correct organization.
Your customer is setting up serial control. The requirement is that if item A has serial 123, then they do not want item B to also have serial 123 within the same inventory organization. Which serial control setting must be used to meet this requirement?
A. Unique within items
B. Unique across Enterprise
C. Unique across organizations
D. Unique within organization
E. Unique within Item and organization
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
Your customer is managing a large sales team divided in two different geographies in the USA. They have
the East Coast sales team and the Central sales team. Both teams are handled by one manager and
perform the same function.
Your customer wants to track the expenses of the two teams separately; however, they do not consider
them different as they are handled by one manager only.
How will you fulfill the requirement?
A. Define them as two separate departments and a single cost center.
B. Define them as one department and one cost center.
C. It is not possible to fulfill the requirement.
D. Define them as a single department and two separate cost centers.
Identify the availability type that is applicable for the item quanities maintained in a unit of measure different from the primary unit of measure and is available for various transactions.
A. Available
B. Secondary Available Quantity
C. Reserved
D. On Hand
E. Secondary On-hand Quantity
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