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WorksheetsFull Oracle 110 Questions
Total questions: 112
Worksheet time: 3570secs
What are two outcomes when a lot expires on an item with lot control enabled?
It cannot be reserved for a date beyond the expiration date.
It is not included in cycle counts.
It cannot be transacted.
It remains in inventory, but is not considered on-hand when the user is performing min-max or reorder point planning calculations.
It is issued out of stores.
Your client wants certain inventory items of high importance to be counted periodically to improve the average level of inventory accuracy. What type of counting would you recommend?
Manual Count
Blind Count
Zero Quantity Count
Cycle Count
Physical Count
Your customer is managing a large sales team divided in two different geographies in the USA. They have the East Coast team and the Central sales team. Both teams are handled by one manager and perform the same function. You 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?
Define them as a single department and two separate cost centers.
Define them as two separate departments and a single cost center.
It is not possible to fulfill the requirement.
Define them as one department and one cost center.
A supply request has been received in supply chain orchestration. Both organizations belong to the same legal entity and they do not have a buy-sell relationship between them. Which type of execution document can fulfill the supply request?
Sales Order
Purchase Order
Transfer Order
Purchase Requisitions
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?
Manage Inventory Organization Locations
Manage Contract Manufacturing Relationships
Manage Item Organizations
Manage Inventory Organizations
Manage Subinventories
What does the system do if you have not entered a count for a tag during physical inventory process?
It will consider the current system quantity.
Any adjustment will be rejected.
You will not be able to post without a quantity for every tag.
It will adjust your on-hand balance down to zero quantity
A warehouse person will be notified.
Which three statements about project specific picking process are correct? (Choose three.)
Picks with same project and task can be grouped to single pick slip.
Pick release of movement request allocates common inventory prior to project specific inventory.
Picks can be searched by project and task number.
Shipment lines with project task can be created in shipping organization not enabled for projects. Source: here and here.
Which two options constitute the rights and responsibilities of a Legal Entity?
Repay Debts
Manage Suppliers
Repair Assets
Make Purchases
Manage warehouse
You have an organization that runs both its domestic and international business from the same offices. However, the organization does not want the domestic side of the business to be able to transact on the international side, even though they are selling the same material. How do you configure your enterprise to meet this requirement?
Use data access security to separate what each customer can control.
Set up the domestic and international businesses as separate projects.
Set up the domestic and international businesses as separate cost centers.
Set up the domestic and international businesses as separate operating units.
Set up the domestic and international businesses as separate business units.
Which three statements are true regarding Managing Units of Measure
Changes to the Unit of measure code will be allowed if the unit is not used by any items in Product Management.
A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.
A unit of measure conversion is a mathematical relationship between two different units of measure
Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.
You must define unit of measure class with a base unit of measure.
Your customer has two warehouses (Inventory organizations) located in two different regions. They have a consigned agreement in place with the supplier. Your customer requests that whenever consumption advice is created, it should be created separately for each inventory organization. What setup is required to achieve this requirement?
This cannot be achieved because only one common consumption advice is created regardless of other parameters.
Set Consumption Advice Summary in Consignment Agreement to “All Organizations with items”
Set Consumption Advice Summary in Consignment Agreement to “Organizations”.
Set Consumption Advice Summary in Consignment Agreement to “All Organizations”.
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.
Pick Wave Movement Request
Shipping Movement Request
Replenishment Movement Request
Automatic Movement Request Requisition
Movement Request Requisitions
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?
Shipping, receiving, and inventory transactions from manufacturing
Invoices and revenue are interfaced from Fusion Receivables
Resource transactions are interfaced directly from Manufacturing
Period close adjusting journal entries for payroll
Payable invoices are interfaced from Fusion Payables
Your client has not been managing Supply Request Exceptions on a regular basis. What issue does this cause?
After the errors reach a set threshold in profile options, no new supply requests can be created.
If exceptions are not resolved within a set threshold days, it alerts the manager and continues to escalate up the Supply Request Exception Chain.
Supply orders are not created for these exceptions, thus causing disruptions in the Supply Chain.
No issues would be caused; these are just warnings.
The request will be denied automatically if not resolved within two days.
During Cloud Inventory Implementation your customer requires you to enable to Oracle Transactional Business Intelligence (OTBI) KPI to review the list of standard reports which is useful for their current business scenario. When navigating to reports and analytics, the warehouse dashboard doesn’t show any KPI watchlist. Identify two causes.
Supply Chain and Order Management Business Intelligence Analytics is not enabled.
Logistics Business Intelligence Analytics is enabled.
Organization is not enabled for warehousing.
Data permissions for the organization being referenced are not set up.
Logistics Business Intelligence Analytics is not implemented.
Your customer has defined three business units: two of the 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?
Define one reference data set and modify the business unit security.
Define two reference data sets, assign the first set to the two business units which will share the same payment terms and second set to the business unit which needs separate payment terms.
Define one data set with common payment terms and exclude the payment terms feature from the third business unit.
Define three reference data sets and assign each data set to each business unit.
Which three replenishment count types are used for Periodic Automated Replenishment (PAR)?
Order Quantity: Generates a replenishment request for the order quantity entered for the replenishment count
Reorder Point: Generates a replenishment request for the order quantity based on days of cover for the item lead time
Order PAR: Generates a replenishment requisition for the PAR level quantity
Order Economic Order Quantity (EOQ): Generates a replenishment request for the calculated quantities based on inventory policies to maintain the PAR quantity
On-Hand Quantity: Generates a replenishment requisition for the difference between the on-hand quantity and the PAR-level quantity
The Applications Development Framework Desktop Integration (ADFdi) user interface is supported in Oracle Fusion Receiving, Inventory Management, and Shipping products. Identify four ADFdi user interfaces that are supported. (6)
Manage Shipment Message Interface
Upload ASN or ASBN
Manage Inventory Transaction Correction in Spreadsheet
Review Count Interface Records
Review Receipts Interface
While creating the consignment agreement, you have set the consumption advice frequency to “monthly” and the billing cycle close date to “31st August, 2020”. What will happen when you run the consumption advice process on 31st August, 2020?
No consumption advice is created
Consumption advice is created and the next closing date is set to 7th September, 2020.
Consumption advice is created and the next closing date is set to 30th September, 2020.
Consumption advice is created and the next closing date is set to 30th October, 2020.
Which three are features or functions of Receipt Accounting?
If you do not accrue at receipt, an accrued liability is credited when the goods are received
The Receipt Accounting process creates accounting distributions and posts those to Subledger Accounting (SLA) for processing and then into the General Ledger (GL)
Based on GAAP rules, inventory items can be accrued at receipt or Period-End
Receipt Accounting performs the accrual accounting for all receipts: services, supplies, project materials, and inventory
If you do accrue at receipt, an accrued liability is credited when the goods are received
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?
Subinventory Transfer
Transfer Order
Move Request
Miscellaneous Transactions
Requisitions
Which three values are applicable for the profile option – “Transaction Processing Mode” for Subinventory transfer and interorganization transfer? (6)
Concurrent Processing
Offline Processing
Background Processing
Sequential Processing
Online Processing
Which three types of jurisdictions should be considered while designing the Enterprise Structure? (6)
Transaction Tax Jurisdiction
Identifying Jurisdiction
Labor Jurisdiction
Obligatory Jurisdiction
Income Tax Jurisdiction
While performing the task “Create Chart of Accounts, Legal Entities, and Business Units in Spreadsheet Task”, you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America. What will be the functional currency of the ledger you are defining?
It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.
The system will pick the first available currency from the List of Values
) It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.
) The system will automatically pick “USD” as functional currency from the legal entity country.
Which three statements are true for an expense destination transfers that does NOT require a receipt at destination inventory organization?
The destination inventory is not incremented.
There is no cost association to the transaction.
A receipt is required on Interorganization expense destination transfer orders between the from and to organizations.
There is no put away transaction in inventory since the item is expensed.
The transfer order is considered received and delivered at the time of shipment.
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?
Ship Confirm
Awaiting Fulfillment
Awaiting Receiving
Awaiting Billing
Closed
Supply Chain Financial Orchestration supports which three things?
Separate physical movement from financial flow.
The user interface gives you the status of the orchestration transactions item serial numbers.
Resource transactions are interfaced directly from Manufacturing.
Configuration to define cost-based, document-based support for third-party transfer pricing rules.
Infrastructure and framework to define the financial trade and physical flows independently.
On the Supply Lines Overview page, the deviations in supply type chart show a supply line status of exception. What action must you take?
This indicates that supply line quantities are less than required, so additional quantities must be procured to meet the requirements.
This indicates that supply line quantities are available but the quality is not up to the mark, so the quality issue must be resolved.
This indicates that supply line quantities are not available, so inventory must be procured.
This indicates that supply line has an exception in manufacturing goods, so the supply line must be changed.
What three Key Performance Indicators are available in the Warehouse Operations Dashboard? (6)
Inventory Value
Cycle Count
Hit or Miss Accuracy
Exact Matches Rate
Distributed Value
Identify three statements that are true about reservations in back-to-back processing.
One reservation is created for a demand and supply.
Reservation suppliers that can be reserved are Purchase Orders, Transfer Orders, Work Orders, and On Hand Inventory.
Reservations cannot be created for back-to-back On Hand supply orders.
Partial fulfillment of reservations is supported.
Changes to reservation in Oracle Logistics Cloud leads to exceptions, which are displayed in the Supply Chain Orchestration work area.
For an Item to be enabled for back-to-back order process, which attribute do you need to set?
Organization attribute: Allow Back to Back Processing
Item attribute: Reservations Enabled
Organization attribute: Allow Reservations
Item attribute: Back-To-Back enabled
Item attribute: Allow purchase orders off of sales orders
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.
1. All their procurement, payables, and distribution activities take place from USA.
2. 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.
3. 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?
BU1: USA – as procurement business unit (BU)
BU2: Canada – as requisitioning business unit
BU3: USA – as requisitioning business unit
Define Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit
BU1: USA – as procurement and requisitioning Business Unit (BU)
BUS2: Canada – as requisitioning Business Unit
Define Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for Canada Requisitioning Business Unit
BU1: USA – as procurement business unit (BU)
BU2: Canada – as requisitioning business unit
BU3: USA – as requisitioning business unit
Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for both Canada and USA requisitioning Business Units
BU1: USA – as procurement business unit (BU)
BU2: Canada – as requisitioning business unit
BU3: USA – as requisitioning business unit
Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit
A production Operator is executing work order in your plant. After completing move transactions, he notices that he has performed some incorrect move operations, including incorrect scrap and reject transactions. He is required to perform a reverse transaction to correct the errors. The operations are not count point enabled and not auto charged. Identify the four transactions to correct this situation. (6)
Reverse resources charged to a work order
Reverse from scrap to ready
Reverse the reject to ready
Reverse at an operation
Reverse the product at the last operation
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?
Unique across Enterprise
Unique within Item and organization
Unique across organizations
Unique within organization
Unique within items
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? (6)
You received the goods today and you transfer the ownership using the “create transfer to owned transaction” task.
You received the goods today and you decide to issue the goods after three days without transferring the ownership.
You received the goods today and for the next one week you do not plan any action on the same.
You received the goods today and after three days you transfer the ownership using the “create transfer to consigned transaction” task.
You received the goods today and after six days you decide to transfer the ownership using the “create transfer to consigned transaction” task.
The physical Inventory process is carried out for a particular inventory organization with the following parameters:
• Negative Quantity Tolerance Percentage is set to 10%
• Approval Type = ‘Always’ The system says that there are 100 on hand, but you only counted 95.
What will happen?
An approval will be required before posting.
The system will ask a user to recount before posting.
Because the 95 within the 10% tolerance, it will post without approval.
The setup is invalid; it will give an error message.
You need to load on-hand balances for go live. Which template should be used for this?
InventoryMiscellaneousTrxTemplate.xlsm
InventoryTransactionImportTemplate.xlsm
InventoryBalanceImportTemplate.xlsm
InventoryReservationImportTemplate.xlsm
InventoryOnHandBalanceTemplate.xlsm
Which three applications originate a buy request that is received by supply chain orchestration? (6)
Inventory
Accounts Payable
Order Management
Purchasing
Planning
You have a high value item that you want to audit on an unscheduled basis to deter pilfering. Which method would you use to do this?
Physical Inventory Count
Blind Inventory Count
Manual Cycle Count
Automated Cycle Count
ABC Count
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?
Backflush Subinventory Transfer
All Transaction Types Related to Work in Process
All Internal Transactions
Average Cost Update
Miscellaneous Issues and Receipts
Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?
Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.
Expense destination transfers are expensed upon delivery hitting an expense account instead of an inventory asset account as would be the case for inventory destination transfers.
If the receipt is not required, Cost Accounting will pick up both the house and receipt activity from the single inventory transaction “Transfer Order Issue.”
) If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there will not be a delivery transaction in inventory.
Costs for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.
Your organization has lot controlled and nonlot 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?
Tag the lot as defective product.
Assign the lot a material status that disallows reservations and allows Subinventory transfers and issues to scrap.
Put a hold on the lot.
Disallow all inventory transactions for the Subinventory “Defect”.
Assign the Subinventory a material status that disallows reservations and allows Subinventory transfers and issues to scrap.
A user is performing a material return transaction against excess stock in an Inventory organization; however, the user fails to select the Physical Material Return Required check box. What happens?
Shipment lines are created.
It is considered as accounting-only return.
A transfer order line remains open.
Stock is reserved.
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 Types list of values which are not defined in the business unit data set. What is the reason for this behavior?
The user has multiple Business Unit Roles and, therefore, is able to see additional values.
Reference Data Sets cannot be used uniquely across business units. They can only be used at the Legal Entity level.
Receivables Transaction Types are common across business units.
The user is seeing the values defined in the common set. The values should be removed from the common set.
Which three things are true about running the Min-Max Report?
The Min-Max Replenishment ignores Item Processing Lead-time on Transfer orders.
The system calculates demand quantity by using information from existing sales orders, transfer orders, work orders, and movement requests
You can run the report for both Organizations and Subinventory Planning Levels simultaneously
You can suppress replenishment movement request when the source subinventory has zero item on-hand quantity.
You set up an item organization and an 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?
Perform a return of item and receive the item again in the correct organization
Perform a correct receipt transaction and receive the item in the correction organization
Perform a new receipt in the correct organization and retain the stock in item organization because it does not affect any other operation
It is not possible to receive item in the item organization
. 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? (6)
Items defined in the GM organization can be assigned to US1, US2, NL1, and MX1 Inventory organizations
All inventory organizations do not need to be in the same business unit to assign items
Item organizations are also supported to serve as inventory organizations.
Items cannot be assigned to inventory organizations across business units
You can define an item in the IN1 inventory organization and assign it to the DE1 inventory organization
Which two tasks must be defined to set up the Facilities Schedules
Manage Facility Workday Patterns
Manage Facility Shifts
Manage Facility Holidays
Manage Facility Operations
Manage Facility Time Cards
Your organization is planning for a periodic counting of individual items automatically throughout the course of the year. As part of this activity, the user has loaded items to the cycle count but some of the items are not being considered when count schedules and count sequences are not generated. Identify one reason that explain why the items are not being considered.
The Cycle Count Enabled flag is not selected or the item
The approval controls are not set up
The Include in Schedule option is not selected to include the item for auto-scheduling
The Cycle Count Enabled flag is not selected for the inventory organization
The ABC assignment group is not defined.
Which action invokes supply chain orchestration and transfer of data to supply chain orchestration interface tables?
Creating a new Inventory Organization for execution of supply chain orchestration
Running a scheduled process called “Create Transactions”
Creating Purchase Order Receipt
Running Min-Max Planning
What are the four steps for the move request process flow? (6)
Physically move the material
Run the Movement Request Pick Slip Report
Create Movement Request
Run pickslip allocation
Confirm pick slips
In Supply Chain Orchestration, Automated Change Management performs which two functions?
Changing the ship method on a sales order
Change to need by dates of a purchase order
Splitting of a sales order
Change to item attributes
Changing the supplier on a purchase order
In the Back-to-Back (B2B) Order to Cash flow, ordered items are purchased from a supplier. The Sourcing Rules have been defined for the item and the buy flow has been initiated. The sales order line is shown as Awaiting Shipping and the supply line status is “in Purchasing” with the supply order generated but the purchase requisition not generating. What is the reason?
Supply order is generated with exceptions.
Preparer is not valid.
The sourcing rule is incorrect.
No Blanket Purchase Agreement (BPA) exists for this supplier-item combination.
Buy requests originate from Order Management.
Your customer wants to prevent customer shipments out of a specific Subinventory. They are setting up a material status to control this. Which transaction do they need to disallow?
Sales Order Pick
Sales Order Issue
Move Request Putaway
Ship Confirm
Miscellaneous Issue
As part of implementing Oracle Cloud for your customer, you defined multiple Business Units. The customer wants you to define an Inventory Organization that is associated with all the business units and not just one particular business unit. How do you achieve this?
Leave the Management Business Unit field blank in the Inventory Organization definition.
It is not possible to define an Inventory Organization that is associated with more than one business unit.
Leave the Profit Center Business Unit field blank in the Inventory Organization definition.
Define the Inventory Organization without associating it with any location.
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
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?
Fixed Lot multiplier is not set.
Min-max planning can be performed at the Organization level.
Rounding the Reorder Quantity is disabled.
No value has been set for the “Min-Max Replenishment Reorder Approval” profile.
Item is not defined in Manage Item Subinventories
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?
Currency, Description, and Accounting Method
Chart of Accounts, Accounting Calendar, and Currency
Chart of Accounts, Description, and Accounting Method
Chart of Accounts, Ledger Balance, and Accounting Method
Your client wants the purchasers to be able to run the min-max plan for items under their control and then manage the POs created out of these. Which parameters can they use to be able to do this?
Sort By
Planning Level
From Buyer to Buyer
From Item to Item
From Planner to Planner
Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)
Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
Supply Chain Orchestration automatically selects the correct process based on userdefined subledger accounting rules when a supply creation is initiated.
Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
Automated Cycle Count
Cost method can be defined granularity down to individual items
Identify the availability type that is applicable for the item quantities maintained in a unit of measure different from the primary unit of measure and is available for various transactions.
On Hand
Secondary On-hand Quantity
Available
Reserved
Secondary Available Quantity
You are a shop floor manager and you have received an order which is a back-to-back order in nature. You need to reserve 100 pieces of an item in order to finish your order. However, there are only 50 pieces available for reservation. If you process this request, how many pieces are provided as the fulfillment for the order?
100 pieces, 50 from on-hand and 50 in the form of a purchase order.
0 pieces, because partial fulfillment of reservation not supported.
25 pieces, only half of the quantities can be reserved.
50 pieces, because full 100 quantities are not available.
A shipment has not yet been created for a pick that you are running. How is the due date calculated?
Request date from the order line
Earliest acceptable date from the order line
System date
Promise date from the order line
Schedule ship date from the order line
Items are stored in multiple subinventories and you need to setup the default information for Miscellaneous Transaction. Subinventories have Locator control enabled. What are the required objects you must provide in the Manage Item Transaction Default window?
Organization, Item, Miscellaneous Issue, Subinventory
Item, Transaction type, Subinventory
Organization, Item, Transaction Type, Subinventory, Locator
Item, Miscellaneous Issue, Subinventory, Locator
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 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?
Manage Cost Plus Pricing
Manage Interorganization Markup
Manage Supply Chain Financial Orchestration Transfer Pricing Rules
Manage Organization Relationships
Manage Cost Organization Relationships
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?
Created
New
Validated
Deferred
Staged Source: here
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?
There is no Inventory Validation Organization defined.
The Legal Entity Setup is incomplete.
The Business Unit is not enabled for Costing.
There is no Business Unit associated with the Legal Entity.
The General Ledger is not associated with Business Unit.
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?
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.
Define one primary ledger with Japanese yen currency so that all the subledger data gets converted to Japanese Yen automatically.
This requirement cannot be fulfilled.
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.
Which attribute value allows usage of common inventory for project specific demand?
Allow use of common supplies: No and Hard Pegging Level: Project Group
Allow use of common supplies: Null and Hard Pegging Level: Project Group
Allow use of common supplies: No and Hard Pegging Level: Project and Task
Allow use of common supplies: Null and Hard Pegging Level: None
Reorder quantities for an item Subinventory are calculated using Fixed Lot Multiple and Round Order Quantity. Assume that the reorder quantity is 24 and you specify 10 for the fixed lot multiple and enable rounding the reorder quantity. What will be the reorder quantity?
30
24
25
20
You have orders that were due for shipping last week, but as of now they have not been shipped. Which dashboard should you check at the end of the day to determine which orders have been shipped?
Past Due, Not Completed
Past Due Shipments
Due Today, Not Completed
Past Due, Completed Today
Orders Completed in Full
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?
The source and destination organization doesn’t belong to the same legal entity.
Inventory organization data access for users is not set up.
The destination organization transfer type is In Transit.
Interorganization Parameters are not set up between the organizations.
Your customer has a requirement across their 10 warehouses, each with different users. They would like that whenever a warehouse user logs in, their default warehouse should get populated. How will you achieve this? (6)
Set the profile option INV_DEFAULT_WHSE_ID at user level for each user.
Set the profile option INV_DEFAULT_ORG_ID at site level.
Set the profile option INV_DEFAULT_ORG_ID at user level for each user.
Set the profile potion INV_DEFAULT_WHSE_ID at role level (different roles for different warehouses).
Set the profile option INV_DEFAULT_ORG_ID at role level for each role different roles for different warehouses).
Which three statements are true regarding PAR Location Management?
Organizations can perform locator-level stock counting for both quantity and nonquantity tracked subinventories.
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.
A receipt is required on interorganization expense destination transfer orders between the from and to organizations.
PAR location management replenishment are calculated at the organization level or subinventory level
Periodic Automated Replenishment (PAR) enables facilities that do not store perpetual inventory (such as hospital) to perform locator-level replenishment.
What are the two scenarios that allow you to update the lot control option for an item? (Choose two.)
Item has zero on-hand quantity.
No open internal order exists for the item.
No open sales order exists for the item.
Item material status is Active.
You are in the process of analyzing the demand and supply schedules for the item based on high level reservations. Identify the reservation document type that would be applicable to both supply as well as demand. (6)
Work Order
On Hand
Transfer Order
Movement Request
Requisition
You face a supply request exception due to some reason. You realize that you need to make some changes to the Manage Supply Request Exceptions page. Which action will you perform?
The supply request cannot be updated. The only way is to resolve the error in the source application and resubmit the request.
Update the supply request and submit it. The errors will be resolved automatically.
Update the supply request and make sure errors are resolved before resubmitting it.
The supply request can be updated using a third-party application only.
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?
Divisions, Business Units, and Departments
Cost type, Default Cost Structure, and Item Organization
Warehouse, Subinventory, and Locators
Cost Centers, Organizations, and Locations
Which two statements are true in regard to using the Enterprise Structures Configurator?
It allows you to create your Enterprise, Business Units, and Warehouses in a single step
It creates the chart of accounts
You cannot modify the recommendation from the tool. You must do it after you perform the initial configuration.
The guided interview-based process helps you set up the enterprise with best practices
It recommends job and position structures
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?
None; this is an invalid setup
Movement request
Internal Requisition
Intraorganization transfer order
Purchase Requisition
Your customer has a complex financial reporting structure. Which three elements should you define first in order to form a basis for this reporting?
Managerial, Operational, Industry
Tax, Legal, and Industry
Legal, Managerial, and Functional (Legal, Divisions, Business Units)
Legal, Autonomy and Operational
Which execution document is created by supply chain orchestration when a make request is received?
Work Order
Routing Create
Purchase Order
Movement Request
Transfer Order
Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item valuation for item A is still zero. Which is the reason?
Items are not consigned items and ownership is with the organization.
Item are not consigned items but ownership is still with the supplier.
Items are consigned and ownership is transferred to “owned”.
Items are consigned items and ownership lies with the supplier.
Identify two statements that are true about the cost-organization relationship.
Only inventory organizations belonging to different Item Master Organizations can be part of a cost organization.
The inventory organizations that are assigned to a cost organization must all belong to the same legal entity.
Costing Item Validation Organization can only be Item Master Organization of the underlying inventory organizations.
Costing Item Validation Organization is used to default the Unit of Measure for costing calculations.
Your customer is a very large organization spanning across multiple countries. Their legal requirements, Human Resource Policies, and Functional Currencies for Ledger are different for each country. Your customer wants to maintain 10 different companies in the system. Which combination meets this requirement?
1 enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger
10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger
Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back. What is the process of returning the material?
Return the material and created a debit memo for the supplier.
You have to cancel the invoice and send the material back without changing the ownership.
You cannot return consigned items that are invoiced and paid. Treat the material as scrap.
You have to transfer the ownership of item and perform the return transaction.
Material is transferred between two subinventories within an organization via transfer order. The setup is complete and the transfer order is created through the FBDI process. What is the primary interface data that needs to be completed in the template?
CST_I_INCOMING_TXN_COSTS
INV_TRANSACTIONS_INTERFACE
INV_SERIAL_NUMBERS_INTERFACE
INV_SUBINVENTORY_TRANSFER
INV_TRANSACTION_LOTS_INTERFACE
You set up an item organization and an 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?
Perform a return of item and receive the item again in the correct organization.
Perform a correct receipt transaction and receive the item in the correction organization.
Perform a new receipt in the correct organization and retain the stock in item organization because it does not affect any other operation.
It is not possible to receive item in the item organization.
Which three statements about cost organization are correct? (Choose three.)
Profit center business unit can have one or more inventory organizations
Profit center business unit can have only one cost organization
All inventory organizations of a cost organization need to be within the same business unit
A cost organization can have one or more inventory organizations Source: here
Which action CANNOT be performed while you create Miscellaneous Transactions?
Enter requester details.
Submit for approval.
Enter purchase order details.
Search for on-hand.
Identify the correct sequence of consigned inventory process flow.
Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer - Consumption advice sent to supplier
Consignment order sent to supplier - Consignment agreement creation - Consumption advice sent to supplier - Consigned inventory received by buyer
Consumption advice sent to supplier - Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer
Consignment agreement creation - Consignment order sent to supplier - Consigned inventory received by buyer - Consumption advice sent to supplier
Which two statements about project specific picking process are correct?
Picks cannot be created for work orders
Picks can be searched by project and task number.
Picks with same project and task can be grouped to single pick slip.
Pick release of movement request allocates common inventory prior to project specific inventory.
Which statement is not true about project specific transfer orders?
Material can be returned on a project specific transfer order.
Project specific transfer orders can be created from supply chain orchestration.
Project specific transfer orders can be created from self-service procurement.
Project specific transfer orders are available only for inventory destinations.
Your company is using project specific inventory for its transactions. Which three specific details will be available on your purchase order?
Project Status
Task Number
Project Number
Expenditure Type
Project Type
Your inventory manager has set up the following min-max planning attributes on the Manage Item Subinventory page for the Storage subinventory:
Item: AS25125
Minimum Quantity: 10 Maximum Quantity: 100
Minimum Order Quantity: 10 Maximum Order Quantity: 50
Fixed Lot Multiple: 10
Which option indicates the appropriate movement request generated when there is zero on-hand for the Storage subinventory with reorder quantity 100?
Two movement request line generated with requested quantity of 100 each.
One movement request line generated with requested quantity of 50.
Two movement request lines generated with requested quantity of 50 each.
One movement request line generated with requested quantity of 100.
In the supply deviations overview, the status of a supplier line is “jeopardy”.
What does this mean?
The supply is available after the due date.
The supply is not available.
The supply is expected on time.
The supply quantity was revised by the supplier.
Which statement is NOT correct about your supply chain orchestration system?
Transfer order data can be uploaded to create a supply request.
By default, a transfer order is created for any requested transfer.
The Schedule process can be defined to process supply request.
By default, a transfer order is routed through Order Management.
Which field is mandatory while performing the task of creating an item organization?
Location
Internal or External
Legal Entity
Primary Ledger
Management Business Unit
Identify two web services used for receipt advice and receipt confirmation integration with external systems.
Receipt Lines Web Service.
Receive Shipment Confirmation Web Service.
Receive Receipt Confirmation Web Service.
Send Receipt Advice Web Service.
Which of the following options is not available for consumption advice summary?
Organization and Subinventory.
Organization and Item.
Organization.
All Organizations.
Identify three statements that are true about inventory reservations.
If you reduce the quantity of material in or cancel a requisition that is reserved against a demand the corresponding reservation cannot be modified or canceled.
If you cancel a transfer order return that is reserved against a demand, the corresponding reservation is canceled.
If you reduce the quantity of material in or cancel a transfer order that is reserved against a demand, the corresponding reservation is modified or canceled.
If you reduce the quantity of material in or cancel a purchase order that is reserved against a demand, the corresponding reservation is modified or canceled.
If you reduce the quantity of material in or cancel a work order that is reserved against a demand, the corresponding reservation cannot be modified or canceled.
Which of the statement is NOT correct about legal entity relationship?
Your business unit has the ability to process transactions on behalf of many legal entities
Your Oracle Fusion Procurement application derives legal entity information from divisions
You can represent legal entity using balancing segment
You can file financial statements for your legal entities through ledgers
Identify two possible updates in a transfer order when your shipment line is not going through order management.
Note to receive update allowed after shipped quantity is recorded
Quantity decrease is allowed after a partial shipment
Requested delivery date update allowed after shipped quantity is recorded
Shipping priority update allowed before shipped quantity is recorded
M2 inventory organization is not set to allow negative balances. Your picking agent is unable to overpick item AS45867 in M2 inventory organization under OPS Subinventory during pick confirmation.
Which are two reasons for this behavior?
Overpicking is not supported for work order demand types
M2 inventory organization is not enabled for overpicking
Item AS45867 is not enabled for overpicking
Sufficient onhand of item AS45867 is not available in OPS Subinventory under M2 inventory organization
Which three are valid inventory transactions sourced from Manufacturing?
WIP Negative Material Issue
WIP Material Return
WIP Return
WIP Material Transfer
WIP Material Adjustment
Your customer has decided to implement Oracle Fusion. They have two manufacturing facilities, one located in Germany and one located in Spain (both using Euros for currency). Both the facilities operate independently in compliance with their jurisdiction and legal requirements. The management of the organization, however, wants to consolidate their financial reporting without custom reporting.
Which structure supports this requirement?
Two Enterprises, Two Legal Entities, Two General Ledgers
One Enterprise, Two Legal Entities, One General Ledger
One Enterprise, One Legal Entity, Two General Ledger
Two Enterprises, One Legal Entity, One General Ledger
hich three setup objects are automatically created when you create inventory organization using quick setup?
Subinventory
Location
Interorganization parameters
Manufacturing plant parameters
Receiving parameters
A user is performing a discrete manufacturing transaction, and it is calling the inventory transaction manager. The inventory transaction manager errors out.
What two things happen?
The originating application can resubmit the transaction for processing
The error message remains in pending transactions
The error message is made available to the user performing the transaction
The error can be resubmitted only in the inventory interface tables
The error message remain in the inventory interface tables
Identify three item quantity types available in Manage Item Quantities UI?
Receiving
Available
On-Hand
Outbound
Inbound
As a warehouse manager, you have entered incorrect lot number for an item while completing the work order. You wanted to disable this lot but your disable lot action fails in Manage Lot page.
Which are the two reasons for this behavior?
There are open in-transit shipments for the item and lot combination
On-hand balance exists for the item and lot combination
Parent lots cannot be disabled
Item is not serialized
Which three statements about cost organization are correct? (Choose three.)
A cost organization can be associated with only single cost book
A cost organization can have one or more inventory organizations
Profit center business unit can have only one cost organization
Profit center business unit can have one or more inventory organizations
All inventory organizations of a cost organization need to be within the same business unit
You have an organization that runs both its domestic and international business from the same offices. However, the organization does not want the domestic side of the business to be able to transact on the international side, even though they are selling the same material. How do you configure your enterprise to meet this requirement?
Use data access security to separate what each customer can control
Set up the domestic and international businesses as separate projects
Set up the domestic and international businesses as separate cost centers
Set up the domestic and international businesses as separate operating units
Set up the domestic and international businesses as separate business units
Which type of Miscellaneous Issue does NOT utilize the Default the Subinventory and Locator on Miscellaneous Transaction functionality?
Account Alias Issue
Miscellaneous Issue
User-Defines
Account Issue
