Online Access Free 1z0-1073-22 Exam Questions

As part of implementing Oracle Cloud for your customer, you defined multiple Business Units. The customer wants you to define an Inventory Organization that is associated with all the business units and not just one particular business unit.
How do you achieve this?

• A.Leave the Profit Center Business Unit field blank in the Inventory Organization definition.
• B.It is not possible to define an Inventory Organization that is associated with more than one business unit.
• C.Define the Inventory Organization without associating it with any location.
• D.Leave the Management Business Unit field blank in the Inventory Organization definition.

Which three statements about the main areas of ManagerialAccounting are correct? (Choose three.)

• A.Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
• B.Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
• C.Cost method can be defined granularity down to individual items.
• D.Receipt Accounting is the application that performs the accrual accounting for all types of receipts.

You are currently implementing Oracle Cloud for the Singapore entity of your multinational customer. Their headoffice 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 Japanese Yen currency so that all the subledger data gets converted to Japanese Yen automatically.
• B.This requirement cannot be fulfilled.
• C.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.
• D.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.

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.The system will pick the first available currency from the List of Values.
• 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 automatically pick "USD" as functional currency from the legal entity country.
• D.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.
• 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.

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 periodas 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.)

• 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 for the next one weekyou do not plan any action on the same.
• C.You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
• D.You received the goods today and after four days you return the material to the supplier.
• E.You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.
• F.You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.