1z1-986 by Oracle Valid Free Exam Practice Test

Question 1

Identify a valid reason for a Collector being unable to enter a dispute against a particular transaction.

A. The transaction is an invoice. B. The invoice is not closed. C. The transaction date falls in a closed period. D. The transaction type is not associated with a credit memo type. E. The transaction is partially paid.

Correct Answer: D

Question 2

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 two reasons that explain why the items are not being considered.

A. The Cycle Count Enabled flag is not selected for the item. B. The ABC assignment group is not defined. C. The Cycle Count Enabled flag is not selected for the inventory organization. D. The Include in Schedule option is not selected to include the item for auto-scheduling. E. The approval controls are not set up.

Correct Answer: B,E

Question 3

What does the system do if you have not entered a count for a tag during physical inventory process?

A. It will adjust your on-hand balances down to zero quantity. B. You will not be able to post without a quantity for every tag. C. It will consider the current system quantity. D. Any adjustment will be rejected. E. A warehouse person will be notified.

Correct Answer: D

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Question 4

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?

A. You can define an item in the IN1 inventory organization and assign it to the DE1 inventory organization. B. Operational Attributes can be controlled only at the Master Level. C. Items cannot be assigned to inventory organizations across business units. D. Items defined in the GM organization can be assigned to US1.US2, NL1, and MX1 inventory organizations. E. All inventory organizations do not need to be in the same business unit to assign item. F. Item organizations are also supported to serve as Inventory organizations.

Correct Answer: D,E

Question 5

Your 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.

A. Requisition B. Work Order C. Account Alias D. Transfer Order E. Movement Request F. On Hand

Correct Answer: D

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Question 6

In Supply Chain Orchestration, Automated Change Management performs which two functions?

A. change to item attributes B. changing the ship method on a sales order C. splitting of a sales order D. changing the supplier on a purchase order E. change to need by dates of a purchase order

Correct Answer: C

Question 7

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?

A. Purchase Order B. Transfer Order C. Sales Order D. Purchase Requisitions

Correct Answer: D

Question 8

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 Transfer Pricing Rules E. Manage Cost Organization Relationships

Correct Answer: A

Oracle Inventory Cloud 2017 Implementation Essentials - 1z1-986 Exam Practice Test