(PDF) Inventory Management Cloud 1z0-1073-22 Exam and Certification Test Engine
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NEW QUESTION 35
You have a high value item that you want to audit on an unscheduled basis to deter pilfering.
Which two methods could you use to do this? (Choose two.)
- A. Blind Inventory Count
- B. Automated Cycle Count
- C. Manual Cycle Count
- D. Based on Item Category
- E. ABC Count
Answer: C,D
NEW QUESTION 36
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 Item Organizations
- B. Manage Subinventories
- C. Manage Contract Manufacturing Relationships
- D. Manage Inventory Organizations
- E. Manage Inventory Organization Locations
Answer: D
NEW QUESTION 37
What are two outcomes when a lot expires on an item with lot control enabled?
- A. It cannot be transacted.
- B. It is issued out of stores.
- C. It is not included in cycle counts.
- D. It remains in inventory, but is not considered on-hand when the user is performing min-max or reorder point planning calculations.
- E. It cannot bereserved for a date beyond the expiration date.
Answer: D,E
NEW QUESTION 38
Your company has multiple inventory organizations where goods aretransferred 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. Inventory organization data access for users is not set up.
- B. The source and destination organization doesn't belong to the same legal entity.
- C. Interorganization Parameters are not set up between the organizations.
- D. The destination organization transfer type is In Transit.
Answer: C
NEW QUESTION 39
Which three statements are true regarding Managing Units of Measure? (Choose three.)
- A. Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.
- B. A unit of measure conversion is a mathematical relationship between two different units of measure.
- C. You must define Unit of measure class with a base unit of measure.
- D. A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.
- 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: B,D,E
NEW QUESTION 40
While performing the task "Create Chart of Accounts, Ledger, 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?
- A. The system will pick the first available currency from the List of Values.
- B. 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.
- C. 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.
- D. It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
- E. The system will automatically pick "USD" as functional currency from the legal entity country.
Answer: E
NEW QUESTION 41
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.
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?
- A. Define them as a single department and two separate cost centers.
- B. Define them as one department and one cost center.
- C. Define them as two separate departments and a single costcenter.
- D. It is not possible to fulfill the requirement.
Answer: A
NEW QUESTION 42
Your company has established inventory balances integration with 3PL system.
Which option cannot be achieved out of the box using this integration?
- A. Resolve processing exceptions.
- B. Compare and automatically reportinventory mismatches.
- C. Purge inventory balance message periodically.
- D. Import inventory balance message in bulk.
Answer: B
NEW QUESTION 43
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, andAccounting Method
- B. Currency, Description, and Accounting Method
- C. Chart of Accounts, Accounting Calendar, and Currency
- D. Chart of Accounts, Ledger Balance, and Accounting Method
Answer: C
NEW QUESTION 44
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. Put a hold on the lot.
- B. Disallow all inventory transactions for the subinventory "Defect."
- C. Tag the lot as defective product.
- D. Assign the subinventory a material status that disallows reservations and allows subinventory transfers and issuesto scrap.
Answer: D
NEW QUESTION 45
Material is transferred between two subinventories within an organization via transfer order. The setup is complete and the transfer order is created through the FBDIprocess.
What is the primary interface data that needs to be completed in the template?
- A. INV_SUBINVENTORY_TRANSFER
- B. CST_I_INCOMING_TXN_COSTS
- C. INV_TRANSACTIONS_INTERFACE
- D. INV_SERIAL_NUMBERS_INTERFACE
- E. INV_TRANSACTION_LOTS_INTERFACE
Answer: C
NEW QUESTION 46
Which three statements about the main areas of ManagerialAccounting are correct? (Choose three.)
- A. Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
- B. Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
- C. Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
- D. Cost method can be defined granularity down to individual items.
Answer: A,B,C
NEW QUESTION 47
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?
- A. You have to transfer the ownership of item and perform the return transaction.
- B. You have to cancel the invoice and send the material back without changing the ownership.
- C. Return the material and create a debit memo for the supplier.
- D. You cannot return consigned items that are invoiced and paid. Treat the material as scrap.
Answer: C
NEW QUESTION 48
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? (Choose two.)
- A. Operational Attributes can be controlled only at the Master Level.
- B. You candefine an item in the IN1 inventory organization and assign it to the DE1 inventory organization.
- C. Items cannot be assigned to inventory organizations across business units.
- D. Item organizations are also supported to serve as inventory organizations.
- E. All inventory organizations do not need to be in the same business unit to assign items.
- F. Items defined in the GM organization can be assigned to US1,US2, NL1, and MX1 inventory organizations.
Answer: E,F
NEW QUESTION 49
A user is performing a materialreturn transaction against excess stock in an Inventory organization; however, the user fails to select the Physical Material Return Required check box.
What happens?
- A. Stock isreserved
- B. A transfer order line remains open
- C. Shipment lines are created
- D. It is considered as accounting-only return
Answer: D
NEW QUESTION 50
Supply ChainFinancial Orchestration supports which three things? (Choose three.)
- A. Resource transactions are interfaced directly from Manufacturing.
- B. Infrastructure and framework to define the financial trade and physical flows independently.
- C. Separate physical movement from financial flow.
- D. Configuration to define cost-based, document-based support for third-party transfer pricing rules.
- E. The user interface gives you the status of the orchestration transactions item serial numbers.
Answer: A,B,C
NEW QUESTION 51
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 areselling the same material.
How do you configure your enterprise to meet this requirement?
- A. Setup the domestic and international businesses as separate operating units.
- B. Set up the domestic and international businesses as separate cost centers.
- C. Set up the domestic and international businesses as separate business units.
- D. Set up the domestic and international businesses as separate projects.
- E. Use data access security to separate what each customer can control.
Answer: C
NEW QUESTION 52
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 sourcingfor the subinventory.
- B. Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.
- C. Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.
- D. A receipt is required on interorganization expense destination transfer orders between the from and to organizations
- E. PAR location management replenishment are calculated at the organization level or subinventory level.
Answer: B,C,D
NEW QUESTION 53
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?
- A. Manage Interorganization Markup
- B. Manage Cost Plus Pricing
- C. Manage Organization Relationships
- D. Manage Supply Chain Financial Orchestration Transfer Pricing Rules
- E. Manage Cost Organization Relationships
Answer: E
NEW QUESTION 54
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