http://www.aroopam.com/1)XYZ Inc. is a vending machine manufacturer. XYZ wants to track its finished goods by both lot and serial control. They decide to assign serial numbers during shipment to the customer, and lot numbers at the time of receiving the machine into stock. Which setup option needs to be
selected?
A - full lot control
B - serial number generation at receipt
C - full lot control and no serial number control
D - serial number generation at sales order issue
E - full lot control and serial number generation at receipt
F - no lot control, and serial number generation predefined
G - full lot control, and serial number generation at sales order issue
Answer: G
2) Which three statements are valid about transaction reasons? (Choose three.)
A - They can be used in all transaction forms.
B - They can be defined by the system administrator only.
C - They can be used with any type of Material Transaction.
D - Reports by transaction reason are available in the application.
Answer: A, C, D
3) The Exponential Smoothing Forecast (ESF) method should be selected when _____.
A - trend demand patterns are greater than? (alpha)
B - seasonal demand patterns are greater than? (alpha)
C - both trend and seasonal demand patterns are equal to zero
D - both trend and seasonal demand patterns are less than ? (alpha)
E - both trend and seasonal demand patterns are greater than? (alpha)
Answer: C
4) Your client wants to implement re-order point planning for some of the items in the organization.They currently use min-max planning. What is the minimum amount of information that needs to be changed on the items the customer wishes to plan?
A - Safety Stock Quantity, and Forecast
B - Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity,
Carrying Cost
C - Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity,
Carrying Cost, and Order Cost
D - Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity,
Carrying Cost, Order Cost, and Maximum Order Quantity
E - Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity,
Carrying Cost, Order Cost, and Minimum Order Quantity
Answer: C
5) From which Oracle applications can interorganization receipts be received into an organization?
A - Inventory
B - Order Management
C - both Inventory and Order Management
Answer: A
6) There are three possible methods to define an “Inventory item”. Each method requires some
minimum information about the item. Which three options correspond to the three methods, and list the minimum information required to define an “Inventory item” for an average costing
inventory organization? (Choose three.)
A - Item, Item Description
B - Item, Item Description, Item template, Item Cost
C - Item, Item Description, Copy existing Inventory item
D - Item, Item Description, Seeded “Finished Goods” Item template
E - Item, Item Description and Functional usage of the item for setting the attribute control
F - Item, Item Description, Item template, Item Category, Long Description, Item DFF (descriptive flexfield)
Answer: C, D, E
7) For performing an ABC analysis, you need to define these three:
1. ABC compile
2. ABC classes
3. ABC assignment group
Which two are correct actions? (Choose two.)
A - Assign an ABC group to an ABC class.
B - Assign an ABC class to an ABC group.
C - Link an ABC group to an ABC compile.
D - Link an ABC compile to an ABC group.
Answer: B, D
8) You are doing a cycle count approval transaction. You want the transaction to be processed while you wait. The control needs to be returned to you after the transaction processing is complete. To achieve this, you would set the profile option Cycle Count Approval Form to _____.
A - Online Processing
B - Concurrent Processing
C - Background Processing
Answer: A
9) You are using cycle counting, The quantity variance approval tolerances are specified at these
levels:
Cycle count header level
Cycle count class level
Cycle count item level
If the tolerances are set up at all the levels, which tolerance is considered first by Oracle
Inventory?
A - Cycle count class level
B - Cycle count header level
C - Cycle count item level
D - Inventory organization level
Answer: C
10) Oracle Inventory interacts with other Oracle applications by sharing information. Choose two pieces of information that Oracle Inventory receives from the Order Management application.(Choose two.)
A - UOM information
B - Shipping information
C - On-hand information
D - ATP supply information
E - Reservations information
Answer: B, E
selected?
A - full lot control
B - serial number generation at receipt
C - full lot control and no serial number control
D - serial number generation at sales order issue
E - full lot control and serial number generation at receipt
F - no lot control, and serial number generation predefined
G - full lot control, and serial number generation at sales order issue
Answer: G
2) Which three statements are valid about transaction reasons? (Choose three.)
A - They can be used in all transaction forms.
B - They can be defined by the system administrator only.
C - They can be used with any type of Material Transaction.
D - Reports by transaction reason are available in the application.
Answer: A, C, D
3) The Exponential Smoothing Forecast (ESF) method should be selected when _____.
A - trend demand patterns are greater than? (alpha)
B - seasonal demand patterns are greater than? (alpha)
C - both trend and seasonal demand patterns are equal to zero
D - both trend and seasonal demand patterns are less than ? (alpha)
E - both trend and seasonal demand patterns are greater than? (alpha)
Answer: C
4) Your client wants to implement re-order point planning for some of the items in the organization.They currently use min-max planning. What is the minimum amount of information that needs to be changed on the items the customer wishes to plan?
A - Safety Stock Quantity, and Forecast
B - Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity,
Carrying Cost
C - Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity,
Carrying Cost, and Order Cost
D - Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity,
Carrying Cost, Order Cost, and Maximum Order Quantity
E - Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity,
Carrying Cost, Order Cost, and Minimum Order Quantity
Answer: C
5) From which Oracle applications can interorganization receipts be received into an organization?
A - Inventory
B - Order Management
C - both Inventory and Order Management
Answer: A
6) There are three possible methods to define an “Inventory item”. Each method requires some
minimum information about the item. Which three options correspond to the three methods, and list the minimum information required to define an “Inventory item” for an average costing
inventory organization? (Choose three.)
A - Item, Item Description
B - Item, Item Description, Item template, Item Cost
C - Item, Item Description, Copy existing Inventory item
D - Item, Item Description, Seeded “Finished Goods” Item template
E - Item, Item Description and Functional usage of the item for setting the attribute control
F - Item, Item Description, Item template, Item Category, Long Description, Item DFF (descriptive flexfield)
Answer: C, D, E
7) For performing an ABC analysis, you need to define these three:
1. ABC compile
2. ABC classes
3. ABC assignment group
Which two are correct actions? (Choose two.)
A - Assign an ABC group to an ABC class.
B - Assign an ABC class to an ABC group.
C - Link an ABC group to an ABC compile.
D - Link an ABC compile to an ABC group.
Answer: B, D
8) You are doing a cycle count approval transaction. You want the transaction to be processed while you wait. The control needs to be returned to you after the transaction processing is complete. To achieve this, you would set the profile option Cycle Count Approval Form to _____.
A - Online Processing
B - Concurrent Processing
C - Background Processing
Answer: A
9) You are using cycle counting, The quantity variance approval tolerances are specified at these
levels:
Cycle count header level
Cycle count class level
Cycle count item level
If the tolerances are set up at all the levels, which tolerance is considered first by Oracle
Inventory?
A - Cycle count class level
B - Cycle count header level
C - Cycle count item level
D - Inventory organization level
Answer: C
10) Oracle Inventory interacts with other Oracle applications by sharing information. Choose two pieces of information that Oracle Inventory receives from the Order Management application.(Choose two.)
A - UOM information
B - Shipping information
C - On-hand information
D - ATP supply information
E - Reservations information
Answer: B, E
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