Oracle 1z0-1023 Free Practice Questions

NEW QUESTION 1
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?

• A. 100 piece
• B. 50 from on-hand and 50 in the form of a purchase order.
• C. 0 pieces, because partial fulfillment of reservation not supported.
• D. 25 pieces, only half of the quantities can be reserved.
• E. 50 pieces, because full 100 quantities are at availabl

Answer: B

NEW QUESTION 2
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: Ml
What type of supply request will be generated?

• A. None; this is an invalid setup
• B. Movement request
• C. Internal Requisition
• D. Intraorganization transfer order
• E. Purchase Requisition

Answer: A

NEW QUESTION 3
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 Inventory Organization Locations
• B. Manage Contract Manufacturing Relationships
• C. Manage Item Organizations
• D. Manage Inventory Organizations
• E. Manage Sublnventories

Answer: D

NEW QUESTION 4
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 Cost Plus Pricing
• B. Manage Interorganization Markup
• C. Manage Cost Organization Relationships
• D. Manage Transfer Pricing Rules
• E. Manage Organization Relationships

Answer: D

NEW QUESTION 5
Which action invokes supply chain orchestration and transfer of data to supply chain orchestration interface tables?

• A. creating a new Inventory Organization for execution of supply Chain orchestration
• B. running a scheduled process called "Create Transactions"
• C. creating Purchase Order Receipt
• D. running Min-Max Planning

Answer: A

NEW QUESTION 6
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?

• A. Subinventory Transfer
• B. Transfer Order
• C. Move Request
• D. Miscellaneous Transaction
• E. Requisitions

Answer: A

NEW QUESTION 7
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?

• A. Sales Order Pick
• B. Sales Order Issue
• C. Move Request Putaway
• D. Ship Confirm
• E. Miscellaneous Issue

Answer: B

NEW QUESTION 8
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?

• A. Divisions, Business Units, and Departments
• B. Cost type, Default Cost Structure, and Item Organization
• C. Warehouse, Subinventory, and Locators
• D. Cost Centers, Organizations, and Locations

Answer: A

NEW QUESTION 9
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. Work Order
• B. On Hand
• C. Transfer Order
• D. Movement Request
• E. Requisition
• F. Account Alias

Answer: C

Explanation: https://docs.oracle.com/cloud/farel12/scmcs_gs/FAMLO/FAMLO1153424.htm#FAMLO1153419

NEW QUESTION 10
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. The Legal Entity Setup is incomplete.
• C. The Business Unit is not enabled for Costing.
• D. There is no Business Unit associated with the Legal Entity.
• E. The General Ledger is not associated with Business Uni

Answer: D

NEW QUESTION 11
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.

• A. On Hand
• B. Secondary On-hand Quantity
• C. available
• D. Reserved
• E. Secondary Available Quantity

Answer: A

NEW QUESTION 12
What three Key Performance Indicators are available in the Warehouse Operations Dashboard?

• A. Inventory Value
• B. Cycle Count
• C. Shipment Value
• D. Exact Matches Rate
• E. Distributed Value
• F. Hit or Miss Accuracy

Answer: ADF

Explanation: https://docs.oracle.com/cloud/farel12/scmcs_gs/FAMML/FAMML1153520.htm#FAMML1153513 Warehouse Operations Key Performance Indicators: Explained
Key performance indicators (KPIs) measure how well an organization or individual performs an operational, tactical, or strategic activity that is critical for the current and future success of the organization.
The Warehouse Operations Dashboard contains the following KPIs: Inventory Value
Hit or Miss Accuracy Exact Matches Rate Inventory Value
The Inventory Value KPI shows the total value of inventory owned by your organization. The KPI indicates whether the material is physically available in the warehouse or if the material is in transit. The KPI report enables you to compare the inventory value for a selected time period with the prior year's inventory value for that same time period. You can also compare inventory value by inventory categories.
Hit or Miss Accuracy
The Hit or Miss Accuracy KPI shows the percentage of the cycle count that falls within the hit and miss tolerances of a total cycle count. This KPI provides the rate of hits during the cycle counting process. The KPI report enables you to compare the hit or miss accuracy for a selected time period with the prior year's hit or miss accuracy for that same time period.
Exact Matches Rate
The Exact Matches Rate KPI shows the exact match entries as a percentage of the total cycle count entries. An exact match entry is an entry where the counted quantity entered is the same as the system quantity. The rate of exact match entries obtained during the cycle count is called Exact Matches Rate. The KPI report enables you to compare the exact matches rate for a selected time period with the prior year's exact matches rate for that same time period.

NEW QUESTION 13
You set up an Item organization and an inventory organization as part of your customor'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?

• A. Perform a return of item and receive the item again in the correct organization.
• B. Perform a correct receipt transaction and receive the item in the correct organization.
• C. Perform a new receipt in the correct organization and retain the stock in Item organization because it does not affect any other operation.
• D. It is not possible to receive item in the item organizatio

Answer: D

NEW QUESTION 14
You need to load on-hand balances for go live. Which template should be used for this?

• A. InventoryMiscellaneousTrxTemplate.xlsm
• B. InventoryTransactionImportTemplate.xlsm
• C. InventoryBalanceImportTTemplate.xlsm
• D. InventoryReservationImportTemplate.xlsm
• E. InventoryOnHandBalanceTemplate.xlam

Answer: B

NEW QUESTION 15
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. Items defined in the GM organization can be assigned to US1.US2, NL1, and MX1 inventory organizations.
• B. All inventory organizations do not need to be in the same business unit to assign item.
• C. Item organizations are also supported to serve as Inventory organizations.
• D. Items cannot be assigned to inventory organizations across business units.
• E. You can define an item in the IN1 inventory organization and assign it to the DE1 inventory organization.
• F. Operational Attributes can be controlled only at the Master Leve

Answer: AB

NEW QUESTION 16
Which two options constitute the rights and responsibilities of a Legal Entity?

• A. Facilitate resource allocation
• B. Own property
• C. Account for themselves to regulators, taxation authorities, and owners according to rules specified in the relevant legislation
• D. Create opportunities for new business
• E. Manage warehouses

Answer: BC

NEW QUESTION 17
What are the four steps for the move request process flow?

• A. Confirm pick slips
• B. Run the Movement Request Pick Slip Report
• C. Create shipment
• D. Physically move the material
• E. Run pick slip allocation
• F. Create Movement Request

Answer: ABDF

Explanation: https://fga.fa.us1.oraclecloud.com/fscmUI/topic/TopicId_P_8F21C92CDB35134FE040D30A6881406F