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1Z0-1073-21 Online Practice Questions and Answers

Questions 4

You have set up min-max planning at the subinventory level with the following to source item AS12312 for Organization: M1:

1.

Source Type: Organization

2.

Organization: M1

What type of supply request will be generated?

A. Purchase Requisition

B. Internal Requisition

C. None; this is an invalid setup

D. Intraorganization transfer order

E. Movement request

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Questions 5

Your client wants certain inventory items of high importance to be counted periodically to improve the

average level of inventory accuracy.

What type of counting would you recommend?

A. Serialized Count

B. Manual Count

C. Cycle Count

D. Zero Quantity Count

E. Blind Count

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Questions 6

Which three statements about project specific picking process are correct? (Choose three.)

A. Shipment lines with project task can be created in shipping organization not enabled for projects.

B. Picks can be searched by project and task number.

C. Pick release of movement request allocates common inventory prior to project specific inventory.

D. Picks with same project and task can be grouped to single pick slip.

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Questions 7

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, and Accounting Method

B. Chart of Accounts, Ledger Balance, and Accounting Method

C. Chart of Accounts, Accounting Calendar, and Currency

D. Currency, Description, and Accounting Method

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Questions 8

Your customer decides to implement Cloud Procurement and Inventory. While discussing with your customer, you come to know that they have a business that spans across multiple locations and they have warehouses situated across USA and Canada.

1.

All their procurement, payables, and distribution activities take place from USA.

2.

They have a central warehouse in USA and after the goods are delivered to this warehouse, they are distributed across multiple additional warehouses. The warehouses are managed separately from the requisitioning units.

3.

For requesting material they have two units. One located in USA that monitors the current stock. They are responsible for creating requisition for any material shortage in USA They have another location in Canada for requesting material.

Which setup fulfills this scenario?

A. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit

B. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit

C. BU1: USA - as procurement and requisitioning Business Unit (BU) BU2: Canada - as requisitioning Business Unit Define Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for Canada Requisitioning Business Unit

D. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for both Canada and USA requisitioning Business Units

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Questions 9

You are currently implementing Oracle Cloud for the Singapore entity of your multinational customer. Their

head office is located in Japan. Apart from Singapore, their other entities are using a legacy system.

Their requirement is to implement Oracle Cloud in such a way that at the end of the financial year, all their

financial reporting should be in Japanese Yen.

How will you fulfill the above requirement?

A. Define one primary ledger with SGD (Singapore Dollars) as primary currency and use the reporting currency functionality to provide the necessary data in Japanese Yen currency.

B. Define two ledgers one in SGD (Singapore Dollars) and one in Japanese Yen and transfer data of all the subledgers in these two primary ledgers.

C. Define one primary ledger with Japanese Yen currency so that all the subledger data gets converted to Japanese Yen automatically.

D. This requirement cannot be fulfilled.

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Questions 10

Supply Chain Financial Orchestration supports which three things? (Choose three.)

A. Separate physical movement from financial flow.

B. The user interface gives you the status of the orchestration transactions item serial numbers.

C. Resource transactions are interfaced directly from Manufacturing.

D. Configuration to define cost-based, document-based support for third-party transfer pricing rules.

E. Infrastructure and framework to define the financial trade and physical flows independently.

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Questions 11

Reorder quantities for an item subinventory are calculated using Fixed Lot Multiple and Round Order

Quantity. Assume that the reorder quantity is 24 and you specify 10 for the fixed lot multiple and enable

rounding the reorder quantity.

What will be the reorder quantity?

A. 24

B. 30

C. 20

D. 25

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Questions 12

Which execution document is created by supply chain orchestration when a make request is received?

A. Purchase Order

B. Routing Create

C. Work Order

D. Transfer Order

E. Movement Request

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Questions 13

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

A. Cycle Count

B. Distributed Value

C. Hit or Miss Accuracy

D. Shipment Value

E. Inventory Value

F. Exact Matches Rate

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Exam Code: 1Z0-1073-21
Exam Name: Oracle Inventory Cloud 2021 Implementation Essentials
Last Update: Jun 10, 2026
Questions: 78
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