1Z0-1073-21 Exam Questions & Answers

Exam Code: 1Z0-1073-21

Exam Name: Oracle Inventory Cloud 2021 Implementation Essentials

Updated: May 10, 2024

Q&As: 78

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Practice These Free Questions and Answers to Pass the Supply Chain Management (SCM) Exam

Questions 1

Which action invokes supply chain orchestration and transfer of data to supply chain orchestration interface tables?

A. creating Purchase Order Receipt

B. running a scheduled process called "Create Transactions"

C. running Min-Max Planning

D. creating a new Inventory Organization for execution of supply chain orchestration

Show Answer
Questions 2

A customer has one Business Unit, two Legal Entities, and each have eight warehouses (defined as Inventory Orgs). While trying to set up Cost Organizations for each of these Legal Entities, you were unable to perform the mandatory step of assigning the Profit Center Business Unit for one set of eight Inventory Organizations; however, you could do it for the other set. What is the reason for this?

A. The Business Unit is not enabled for Costing.

B. There is no Business Unit associated with the Legal Entity.

C. The Legal Entity Setup is incomplete.

D. There is no Inventory Validation Organization defined.

E. The General Ledger is not associated with Business Unit.

Show Answer
Questions 3

Which two options constitute the rights and responsibilities of a Legal Entity? (Choose two.)

A. Own property

B. Facilitate resource allocation

C. Manage warehouses

D. Account for themselves to regulators, taxation authorities, and owners according to rules specified in the relevant legislation

E. Create opportunities for new business

Show Answer
Questions 4

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 SGD (Singapore Dollars) as primary currency and use the reporting currency functionality to provide the necessary data in Japanese Yen currency.

B. 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.

C. Define one primary ledger with Japanese Yen currency so that all the subledger data gets converted to Japanese Yen automatically.

D. This requirement cannot be fulfilled.

Show Answer
Questions 5

Your company has established inventory balances integration with 3PL system. Which option cannot be achieved out of the box using this integration?

A. Compare and automatically report inventory mismatches.

B. Purge inventory balance message periodically.

C. Resolve processing exceptions.

D. Import inventory balance message in bulk.

Show Answer More Questions

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