Free Oracle 1Z1-1023 Exam Dumps Questions & Answers

Identify the correct movement request where the move orders are preapproved requests for subinventory transfers that bring material from a source location to a shipment staging subinventory within the organization.

• A.  Shipping Movement Request
• B.  Automatic Movement Request Requisitions
• C.  Pick Wave Movement Request
• D.  Movement Request Requisitions
• E.  Replenishment Movement Request

Which three statements are true for an expense destination transfers that does NOT require a receipt at destination inventory organization?

• A.  The destination inventory is not incremented.
• B.  There is no put away transaction in Inventory since item is expensed.
• C.  A receipt is required on interorganization expense destination transfer orders between the from and to organizations.
• D.  The transfer order is considered received and delivered at the time of shipment.
• E.  There is no cost associated to the transaction.

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?

• A.  You received the goods today and you decide to issue the goods after three days without transferring the ownership.
• B.  You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.
• C.  You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
• D.  You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
• E.  You received the goods today and for the next one week you do not plan any action on the same.
• F.  You received the goods today and after four days you return the material to the supplier.

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.  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.
• B.  It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
• C.  The system will pick the first available currency from the List of Values.
• D.  The system will automatically pick "USD" as functional currency from the legal entity country.
• E.  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.

An inventory transaction is imported to the system through an FBDI template.
Which transaction state denotes that an inventory transaction is created in the Oracle Cloud Inventory Management application?

• A.  Validated
• B.  Created
• C.  New
• D.  Deferred
• E.  Staged