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1z0-1073-20 – Oracle Inventory Cloud 2020 Implementation Essentials

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Showing 4–6 of 10 questions

Question 4

While negotiating the terms of the consignment agreement, the buyer and the supplier mutually agree to set the aging onset point as receipt and the aging period as five days. The terms also say that the consumption advice will be generated daily.

In which three scenarios will the goods be transferred from the supplier's ownership to buyer's ownership? (Choose three.)

Select all that apply, then click Submit answer.

  • ○

    You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.
  • ○

    You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
  • ○

    You received the goods today and you decide to issue the goods after three days without transferring the ownership.
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    You received the goods today and after four days you return the material to the supplier.
  • ○

    You received the goods today and for the next one week you do not plan any action on the same.
  • ○

    You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
Question 5

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

Select all that apply, then click Submit answer.

  • ○

    Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.
  • ○

    A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.
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    A unit of measure conversion is a mathematical relationship between two different units of measure.
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    If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must define conversions between the base units of measure in different UOM classes.
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    You must define Unit of measure class with a base unit of measure.
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?

Select an option, then click Submit answer.

  • ○

    Miscellaneous Transaction
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    Requisitions
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    Move Request
  • ○

    Subinventory Transfer
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    Transfer Order