Killtest Free Online Test 1Z0-1023 Inventory Management Cloud Exam V8.02 - Get To Pass 100%

2. The safer , easier way to help you pass any IT exams. Exam:1Z0-1023 KillTest Title: Oracle Inventory Cloud 2018 Implementation Essentials Version:V8.02 1 / 6

3. The safer , easier way to help you pass any IT exams. 1.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. Answer: B 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. There is no Inventory Validation Organization defined. B. There is no Business Unit associated with the Legal Entity. C. The General Ledger is not associated with Business Unit. D. The Business Unit is not enabled for Costing. E. The Legal Entity Setup is incomplete. Answer: B 3.Your customer has defined three business units: two of them require the same set of receivables payment terms whereas the third needs a separate set of receivables payment terms. How will you achieve this requirement? A. Define one data set with common payment terms and exclude the payment terms feature from the third business unit. B. Define two reference data sets, assign the first set to the two business units which will share the same KillTest payment terms and second set to the business unit which needs separate payment terms. C. Define three reference data sets and assign each data set to each business unit. D. Define one reference data set and modify the business unit security. Answer: B 4.On the Supply Lines Overview page, the deviations in supply type chart show a supply line status of exception. What action must you take? A. This indicates that supply line quantities are available but the quality is not up to the mark, so the quality issue must be resolved. B. This indicated that supply line has an exception in manufacturing goods, so the supply line must be changed. C. This indicates that supply line quantities are less than required, so additional quantities must be 2 / 6

4. The safer , easier way to help you pass any IT exams. procured to meet the requirement. D. This indicates that supply line quantities are not available, so inventory must be procured. Answer: C 5.What are two outcomes when a lot expires on an item with lot control enabled? A. It cannot be reserved for a date beyond the expiration date. B. It is issued out of stores. C. It remains in inventory, but is not considered on-hand when the user is performing min-max or reorder point planning calculations. D. It cannot be transacted. E. It is not included in cycle counts. Answer: A,C 6.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 Contract Manufacturing Relationships B. Manage Item Organizations C. Manage Subinventories D. Manage Inventory Organization Locations E. Manage Inventory Organizations Answer: E 7.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 KillTest C. Awaiting Fulfillment D. Awaiting Receiving E. Awaiting Billing Answer: A 8.Identify the correct movement request where the move orders are preapproved requests for subinventory transfers that bring material from a source location to a shipment staging subinventory within the organization. A. Automatic Movement Request Requisitions B. Pick Wave Movement Request C. Replenishment Movement Request D. Shipping Movement Request 3 / 6

5. The safer , easier way to help you pass any IT exams. E. Movement Request Requisitions Answer: B 9.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 Answer: D 10.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. None; this is an invalid setup D. Purchase Requisition E. Movement request Answer: A 11.Which three statements are true regarding PAR Location Management? A. If the stock level falls below the target on-hand quantity for the locator, inventory generates the appropriate replenishment document based on the item sourcing for the subinventory. B. PAR location management replenishment are calculated at the organization level or subinventory level. C. A receipt is required on interorganization expense destination transfer orders between the from and to organizations D. Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such KillTest as hospitals) to perform locator-level replenishment. E. Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories. Answer: C,D,E 12.Your company has multiple inventory organizations where goods are transferred internally. A user has created a new organization but the new organization is unavailable when creating an interorganization transfer. What is the missing setup? A. The destination organization transfer type is In Transit. B. Interorganization Parameters are not set up between the organizations. C. Inventory organization data access for users is not set up. D. The source and destination organization doesn’t belong to the same legal entity. 4 / 6

6. The safer , easier way to help you pass any IT exams. Answer: D 13.In Supply Chain Orchestration, Automated Change Management performs which two functions? A. splitting of a sales order B. changing the ship method on a sales order C. changing the supplier on a purchase order D. change to need by dates of a purchase order E. change to item attributes Answer: A,D 14.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. Supply orders are not created for these exceptions, thus causing disruptions in the Supply Chain. C. If exceptions are not resolved within a set threshold days, it alerts the manager and continues to escalate up the Supply Request Exception Chain. D. No issues would be caused; these are just warnings. E. After the errors reach a set threshold in profile options, no new requests can be created. Answer: B 15.Which two tasks must be defined to set up the Facilities Schedule? A. Manage Facility Time Cards B. Manage Facility Operations C. Manage Facility Workday Patterns D. Manage Facility Shifts E. Manage Facility Holidays Answer: C,D 16.Your organization is using min-max planning to replenish stock and the planning parameters are set at item organization level with a default subinventory: Item: A, Min Qty: 25, Max Qty: 150 and Current Level: 20 KillTest The item above is purchased from a supplier. Although there is subinventory on hand, the subinventory is below the minimum required level. This should trigger a Min-Max report entry, but the requisition is not generated. Why? A. Rounding the Reorder Quantity is disabled. B. Min-max planning can be performed at the Organization level. C. Item is not defined in Manage Item Subinventories. D. No value has been set for the “Min-Max Replenishment Reorder Approval” profile. E. Fixed lot multiplier is not set. Answer: C 17.Your customer wants to transfer material from facility A to facility B. They are using the interorganization transfer to perform the transaction in the system. Their requirement is “whenever 5 / 6

7. The safer , easier way to help you pass any IT exams. material is transferred from their facility A to facility B, facility B needs to pay 5% additional amount to the current item cost.” Which task must be set up to accomplish this requirement? A. Manage Cost Plus Pricing B. Manage Organization Relationships C. Manage Cost Organization Relationships D. Manage Transfer Pricing Rules E. Manage Interorganization Markup Answer: C KillTest 6 / 6