[UPDATED May-2023] Best Value Available Preparation Guide for 1z0-1073-22 Exam
1 Full 1z0-1073-22 Practice Test and 80 Unique Questions, Get it Now!
NEW QUESTION # 47
Your client has decided that Discrete Manufacturing will be implemented at a future stage, so any new supply from current manufacturing will be added to current inventory by the Open Transactions Interface. The immediate requirement is to go live with Inventory and Order Management.
Which twoseeded transaction types can be omitted for material status control?
- A. Average Cost Update
- B. Backflush Subinventory Transfer
- C. All Transaction Types Related to Work in Process
- D. All Internal Transactions
- E. Miscellaneous Issues and Receipts
Answer: B,C
NEW QUESTION # 48
You have set up min-max planning at the subinventory level with the following to source item AS12312 for Organization: M1:
* Source Type: Organization
* Organization: M1
What type of supply request will be generated?
- A. Internal Requisition
- B. None; this is an invalid setup
- C. Movement request
- D. Intraorganization transfer order
- E. Purchase Requisition
Answer: D
NEW QUESTION # 49
Your company has established inventory balances integration with 3PL system.
Which option cannot be achieved out of the box using this integration?
- A. Resolve processing exceptions.
- B. Import inventory balance message in bulk.
- C. Purge inventory balance message periodically.
- D. Compare and automatically reportinventory mismatches.
Answer: D
NEW QUESTION # 50
Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back.
What is the process of returning the material?
- A. You have to transfer the ownership of item and perform the return transaction.
- B. Return the material and create a debit memo for the supplier.
- C. You have to cancel the invoice and send the material back without changing the ownership.
- D. You cannot return consigned items that are invoiced and paid. Treat the material as scrap.
Answer: B
NEW QUESTION # 51
You defined an Inventory Organization that is meant to track the contract manufacturing process outsourced to a supplier.
Where do you mention that this Inventory Organization is meant for one particular supplier?
- A. Manage Subinventories
- B. Manage Inventory Organizations
- C. Manage Contract Manufacturing Relationships
- D. Manage Item Organizations
- E. Manage Inventory Organization Locations
Answer: B
NEW QUESTION # 52
On the Supply Lines Overview page, the deviations in supply type chart show a supply line status of exception.
What action mustyou take?
- A. This indicates that supply line quantities are available but the quality is not up to the mark, so the quality issue must be resolved.
- B. This indicates that supply line quantities are less than required, so additional quantities must be procured to meet the requirement.
- C. This indicates that supply line has an exception in manufacturing goods, so the supply line must be changed.
- D. This indicates that supply line quantities are not available, so inventory must be procured.
Answer: B
NEW QUESTION # 53
Which two options constitute the rights and responsibilities of a Legal Entity? (Choose two.)
- A. Manage warehouses
- B. Facilitate resource allocation
- C. Account for themselves to regulators, taxation authorities, and owners according to rulesspecified in the relevant legislation
- D. Create opportunities for new business
- E. Own property
Answer: C,E
NEW QUESTION # 54
Your customer wants to transfer material from facility A to facility B.
They are using the interorganization transfer to perform the transaction in the system. Their requirement is "whenever material is transferred from their facility A to facility B, facility B needs to pay 5% additional amount to the current item cost." Which task must be set up to accomplish this requirement?
- A. Manage Supply Chain Financial Orchestration Transfer Pricing Rules
- B. Manage Cost Plus Pricing
- C. Manage Cost Organization Relationships
- D. Manage Organization Relationships
- E. Manage Interorganization Markup
Answer: C
NEW QUESTION # 55
Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and organizations apart from thereceived 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item validation for item A is still zero.
What is the reason?
- A. Items are consigned and ownership is transferred to "owned".
- B. Items are not consigned items but ownership is still with the supplier.
- C. Items are consigned items and ownership lies with the supplier.
- D. Items are not consigned items and ownership is with the organization.
Answer: C
NEW QUESTION # 56
Which three statements about cost organization are correct? (Choose three.)
- A. Profit center business unit canhave one or more inventory organizations.
- B. Profit center business units can have only one cost organization.
- C. All inventory organizations of a cost organization need to within the same business unit.
- D. A cost organization can have one or more inventory organizations.
Answer: A,C,D
NEW QUESTION # 57
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 General Ledger is not associated with Business Unit.
- B. There is no Inventory Validation Organization defined.
- C. The Legal Entity Setup is incomplete.
- D. There is no Business Unit associated with the Legal Entity.
- E. The Business Unit is not enabled for Costing.
Answer: D
NEW QUESTION # 58
Which three things are true about running the Min-Max Report? (Choose three.)
- A. The Min-Max Replenishment ignores Item Processing Lead-time on Transfer orders.
- B. You can run the report or both Organizations and Subinventory Planning Levels simultaneously.
- C. You can run the report by item category.
- D. The system calculates demand quantity by using information from existing sales orders, transfer orders, work orders and movement requests.
- E. You can suppress replenishment movement request when the source subinventory has zero item on-hand quantity.
Answer: B,C,E
NEW QUESTION # 59
In Supply Chain Orchestration, Automated Change Management performs which two functions?
- A. splitting of a sales order
- B. changing the ship method on a sales order
- C. change to item attributes
- D. changing the supplier on a purchase order
- E. change to need by dates of a purchase order
Answer: A,E
NEW QUESTION # 60
Which two tasks must be defined toset up the Facilities Schedule?
- A. Manage Facility Time Cards
- B. Manage Facility Operations
- C. Manage Facility Workday Patterns
- D. Manage Facility Holidays
- E. Manage Facility Shifts
Answer: C,E
NEW QUESTION # 61
What three Key Performance Indicators are available in the Warehouse Operations Dashboard?
- A. Exact Matches Rate
- B. Hit or Miss Accuracy
- C. Distributed Value
- D. Cycle Count
- E. Shipment Value
- F. Inventory Value
Answer: A,B,F
NEW QUESTION # 62
Your company is an automobile spares manufacturing organization, which follows a discrete process. It has its own manufacturing and distribution centers located globally.
It has these business units:
US- USA business unit
CAN - Canadian business unit
UK - UK business unit
MX - Mexican business unit
IND - India business unit
SPA - Spain business unit
FRA - France business unit
NL - Netherlands business unit
GER - Germany business unit
These are the inventory organizations that exist in each business unit:
Inventory Org - business unit
--------------------------------------------
GM (Master Org) - US
US1 (Child Org) - US
US2 (Child Org) - US
CA1 (Child Org) - CAN
MX1 (Child Org) - MX
IN1 (Child Org) -IND
SP1 (Child Org) - SPA
FR1 (Child Org) - FRA
NL1 (Child Org) - NL
DE1 (Child Org) - GER
Which two statements are true? (Choose two.)
- A. All inventory organizations do not need to be in the same business unit to assign items.
- B. Operational Attributes can be controlled only at the Master Level.
- C. Items cannot be assigned to inventory organizations across business units.
- D. Item organizations are also supported to serve as inventory organizations.
- E. You candefine an item in the IN1 inventory organization and assign it to the DE1 inventory organization.
- F. Items defined in the GM organization can be assigned to US1,US2, NL1, and MX1 inventory organizations.
Answer: A,F
NEW QUESTION # 63
Your organization has lot controlled and non-lot controlled material and stores all defective material in a subinventory called "Defect." The organization does not want defective material to be available for reservations or for subsequent shipping to customers.
Which option satisfies this requirement?
- A. Put a hold on the lot.
- B. Assign the subinventory a material status that disallows reservations and allows subinventory transfers and issuesto scrap.
- C. Tag the lot as defective product.
- D. Disallow all inventory transactions for the subinventory "Defect."
Answer: B
NEW QUESTION # 64
What are the four steps for the move request process flow? (Choose four.)
- A. Run the Movement Request Pick Slip Report
- B. Create shipment
- C. Confirm pick slips
- D. Run pickslip allocation
- E. Physically move the material
- F. Create Movement Request
Answer: A,C,E,F
NEW QUESTION # 65
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