1z0-1066-24 by Oracle Valid Free Exam Practice Test

Question 1

Your client uses product categories and global sourcing rules for supply planning. However, their newest product doesn't follow these rules. For a specific item in the category, it needs to be sourced from a different supplier globally.
How should they set this up for the easiest maintenance, going forward?

A. Create a new local sourcing rule for the item; assign it to the assignment set at the item level; leave the category as is for the remainder of the products. B. Create a new global sourcing rule for the item; assign it to the assignment set at the item level; leave the category as is for the remainder of the products. C. Create a new global sourcing rule for the item; assign it to the assignment set at the item-organization level; alter the category to be category-organization for the remainder of the products. D. Create a new global sourcing rule for the item; assign it to the assignment set at the item-organization level; leave the category as is for the remainder of the products. E. Create a new global sourcing rule for the item; remove the category level assignments and create new item level assignments for all items in the category pointing each to the correct global sourcing rule.

Correct Answer: B

Question 2

Your Procurement Department is getting ready to set up Approved Supplier Lists that will be needed for Supply Planning. They ask you for what you need on the ASLs for planning usage. Which three options are key for planning? (Choose three.)

A. Make sure all Local level ASLs include an Organization. B. Make sure to include Minimum Order Quantities. C. Make sure they are at a Global level. D. Make sure to include Maximum Order Quantities. E. Make sure to include Fixed Lot Multipliers. F. Make sure to include Fixed Order Quantities.

Correct Answer: B,C,E

Question 3

Your clients want to simulate how canceling demand may impact a plan. Which two steps must be done to simulate this change? (Choose two.)

A. Run plan with 'Refresh with current data' B. Open plan > View Supplies and Demands > Firm the demand and set firm quantity to 0 > Save changes C. Manage Plans > Edit Plan Options > Add simulation set D. Open plan > View Supplies and Demands > Remove the sales order from the plan and firm demand > Save changes E. Run plan with 'Do not refresh with current data'

Correct Answer: B,E

Question 4

Which three statements are true regarding Managing Units of Measure? (Choose three.)

A. You must define a unit of measure class with a base unit of measure. B. A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class. C. A unit of measure conversion is a mathematical relationship between two different units of measure. D. If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must also define conversions between the base units of measure of the different UOM classes. E. Non-standard, intraclass conversion rates can't be item specific.

Correct Answer: A,C,D

Question 5

Which two statements regarding the Decomposition scheduled process are incorrect? (Choose two.)

A. It reads published planning data from interface tables. B. It received supplier commits. C. It creates or updates an order forecast, used by Supply Chain Collaboration to publish to suppliers. D. It does not recognize forecast exceptions.

Correct Answer: B,D

Question 6

Your client wants to utilize product categories on sourcing rules. They have created a new category for this and populated the items for it.
Where do they set up the category planning uses when evaluating sourcing rules?

A. Manage Sourcing Rules B. Manage Plans C. Manage Planning Profile Options D. Manage Planning Source Systems E. Manage Assignment Sets

Correct Answer: E

Question 7

Your client manufactures consumer electronics and has all facilities live on Oracle Cloud. Their latest product has a very complicated manufacturing process and therefore can only be made at one facility (Organization ABC). However, it is ordered all over the world.
How should the Sourcing Rule be set up to accomplish this?

A. A global sourcing rule for 100% make at ABC; a local sourcing rule for 100% transfer from ABC B. A local sourcing rule for 100% make at ABC; a global sourcing rule for 100% transfer from ABC C. A local sourcing rule for 100% buy from ABC; a global sourcing rule for 100% transfer from ABC D. A local sourcing rule for 100% make at ABC; a global sourcing rule for 100% buy from ABC E. A global sourcing rule for 50% make at ABC and 50% buy from ABC

Correct Answer: C

Question 8

During implementation, the customer would like to use safety stock planning parameters. However, they would like to uncheck "Safety stock change interval to all items." What will the results be if they choose to uncheck this parameter?

A. Safety stock change interval will only apply to items with Days of Cover safety stock method. B. This option will require a min/max quantity for this parameter even though it will not be used. C. Safety stock will use a smoothing method to calculate the safety stock within change interval to determine the level of safety stock needed without this parameter. D. Safety stock will not be calculated at all for this plan.

Correct Answer: A

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Question 9

Planners are complaining about getting too many exception messages, some of which have minima value for evaluating plan health.
Which three solutions could reduce message clutter? (Choose three.)

A. Go to Configure Exception Sets, create a new set with only the messages the planners care about, and then, set all supply plans to use this new exception set. B. Go to Configure Exception Sets, and for the currently used exception set. specify a threshold for various messages. C. Go to Configure Exception Sets, duplicate the currently used exception set, remove the undesired messages from the duplicate set. then assign the duplicate set to all plans. D. Go to Configure Exceptions, and specify a threshold for various messages.

Correct Answer: A,B,C

Question 10

Cost accounting captures costed transactions that are picked up by the cost processor. Which is not picked up by the cost processor?

A. period close adjusting journal entries for Payroll B. supplier invoices interfaced from Cloud Payables C. invoices and revenue interfaced from Cloud Receivables D. shipping, receiving, and inventory transactions from manufacturing

Correct Answer: C

Oracle Planning and Collaboration Cloud 2024 Implementation Professional - 1z0-1066-24 Exam Practice Test