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Test Oracle 1Z0-1073-21 Assessment, 1Z0-1073-21 Test Pass4sure

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  Oracle Inventory Cloud 2020 Implementation Essentials exam is an important certification for professionals who work with Oracle Inventory Cloud 2020. By passing the exam, candidates can demonstrate their knowledge and skills in implementing and managing inventory in a cloud environment, which can help them advance their careers and increase their earning potential.

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  Earning the Oracle 1Z0-1073-21 certification can provide numerous benefits to professionals in the inventory management and supply chain fields. It can increase their job opportunities and help them stand out in a competitive job market. Additionally, it can demonstrate to employers and clients that they have the knowledge and skills to effectively implement and manage Oracle Inventory Cloud, making them a valuable asset to any organization.

  Oracle Inventory Cloud 2020 Implementation Essentials Sample Questions (Q18-Q23):

  NEW QUESTION # 18
  Which three statements about cost organization are correct? (Choose three.)

  • A. Profit center business unit canhave one or more inventory organizations.
  • B. All inventory organizations of a cost organization need to within the same business unit.
  • C. A cost organization can have one or more inventory organizations.
  • D. Profit center business units can have only one cost organization.

  Answer: A,B,C

  
  

  NEW QUESTION # 19
  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 ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.
  • B. The system will automatically pick "USD" as functional currency from the legal entity country.
  • C. It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
  • D. 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.
  • E. The system will pick the first available currency from the List of Values.

  Answer: B

  
  

  NEW QUESTION # 20
  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. ABC Count
  • C. Based on Item Category
  • D. Manual Cycle Count
  • E. Automated Cycle Count

  Answer: C,D

  
  

  NEW QUESTION # 21
  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, Ledger Balance, and Accounting Method
  • B. Currency, Description, and Accounting Method
  • C. Chart of Accounts, Description, andAccounting Method
  • D. Chart of Accounts, Accounting Calendar, and Currency

  Answer: D

  
  

  NEW QUESTION # 22
  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 cannot return consigned items that are invoiced and paid. Treat the material as scrap.
  • B. You have to transfer the ownership of item and perform the return transaction.
  • C. Return the material and create a debit memo for the supplier.
  • D. You have to cancel the invoice and send the material back without changing the ownership.

  Answer: C

  
  

  NEW QUESTION # 23
  ......

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