Free Oracle 1Z0-1023 Exam Dumps Questions & Answers

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.  The Legal Entity Setup is incomplete.
• B.  There is no Inventory Validation Organization defined.
• C.  The Business Unit is not enabled for Costing.
• D.  The General Ledger is not associated with Business Unit.
• E.  There is no Business Unit associated with the Legal Entity.

Which three statements are true regarding PAR Location Management?

• A.  A receipt is required on interorganization expense destination transfer orders between the from and to organizations
• B.  Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.
• C.  Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.
• D.  PAR location management replenishment are calculated at the organization level or subinventory level.
• E.  If the stock level falls below the target on-hand quantity for the locator, inventory generates the appropriate replenishment document based on the item sourcing for the subinventory.

Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?

• A.  If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there will not be a delivery transaction in inventory.
• B.  If the receipt is not required, Cost Accounting will pick up both the issue and receipt activity from the single inventory transaction "Transfer Order Issue".
• C.  Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.
• D.  Expense destination transfers are expensed upon delivery hitting an expense account instead of an inventory asset account as would be the case for inventory destination transfers.
• E.  Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.

You have orders that were due for shipping last week, but as of now they have not been shipped.
Which dashboard should you check at the end of the day to determine which orders have been shipped?

• A.  Due Today, Not Completed
• B.  Past Due Shipments
• C.  Past Due, Completed Today
• D.  Past Due, Not Completed
• E.  Orders Completed in Full

You set up an item organization and inventory organization as part of your customer'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 correct receipt transaction and receive the item in the correct organization.
• B.  Perform a new receipt in the correct organization and retain the stock in the item organization because it does not affect any other operation.
• C.  Perform a return of item and receive the item again in the correct organization.
• D.  It is not possible to receive item in the item organization.