Free Oracle 1Z0-1073-24 Exam Questions

Question 1

You created a consigned agreement with a supplier. The supplier shipped the goods, which you received in your receiving are a. After two days, you transferred the goods from receiving into your inventory and used it for your interorganization transfer order.Where is the ownership of the goods?

A : The ownership is with the buyer due to interorganization consigned inventory movement.

B : The ownership changes from the supplier to the buyer as soon as the goods are received in the receiving area.

C : The ownership is with the supplier because the supplier has not sent the consumption advice.

D : The ownership is with the supplier because the goods are not yet consumed.

Answer: A

Question 2

You created a consigned agreement with a supplier. The supplier shipped the goods, which you received in your receiving are a. After two days, you transferred the goods from receiving into your inventory and used it for your interorganization transfer order.Where is the ownership of the goods?

A : The ownership is with the buyer due to interorganization consigned inventory movement.

B : The ownership changes from the supplier to the buyer as soon as the goods are received in the receiving area.

C : The ownership is with the supplier because the supplier has not sent the consumption advice.

D : The ownership is with the supplier because the goods are not yet consumed.

Answer: A

Question 3

What fulfillment strategy does Drop Shipment follow?

A : Supplier-to-Supplier

B : Supplier-to-Customer

C : Supplier-to-DC

D : Supplier-to-Factory

Answer: B

Question 4

What setup is required in the Procurement offering to enable the Drop Ship process?

A : Enable the Order Holds check box.

B : Store the goods in the internal warehouse.

C : Enable the Requisitions check box.

D : Enable the Customer Sales Order Fulfillment check box.

E : Enable the Drop Ship check box.

Answer: D

Question 5

Your customer wants to track and approve inventory transactions between two inventory organizations handling high value goods. What are the two types of inventory transactions recommended?

A : Movement request with a subinventory transfer transaction type

B : Subinventory transfer

C : Interorganization transfer

D : Requisitions and purchase orders

Answer: A,D