Question 1

Which three statements are true about ABC Analysis and cycle count Classes? (Choose three.)

Options :

A : The hit/miss% for the Class overrides the hit/miss% of the cycle count header.

B : The hit/miss% for the cycle count header overrides the hit/miss% of the Class.

C :

An ABC Analysis can be compiled for a sub inventory that is defined as a non-quantity-tracked subinventory.

D :

An ABC Analysis can be compiled for nonasset (expense) subinventories for which quantities are tracked.

E :

In ABC Analysis, a quantity variance must always be submitted for approval, regardless of the tolerance levels

F :

Positive and negative tolerances can be entered for each class, which will override the tolerance at the cycle count header level

Answer: A,D,F

Question 2

For the profile option TP: INV Cycle Count Entries form to Background processing. what are the system requirements for it to be effective? (Choose two.)

Options :

A : the Receiving Transaction manager must be active.

B : the Cost Manager Interface manager must be active.

C : the Move Transaction interface manager must be active.

D : the Material Transaction interface manager must be active.

E : the Lot Move Transaction interface manager must be active.

Answer: B,D

Question 3

What is the impact of setting the profile option INV: Override Neg for Backflush = Yes?

Options :

A : It would not allow inventory to be driven negative.

B : Back flush transactions would drive inventory negative.

C : Back flush transactions would not drive inventory negative.

D : Back flush and inventory transactions would drive inventory negative.

E : Back flush and inventory transactions would not drive inventory negative.

F : It would permit the driving of on-hand inventory negative for miscellaneous issue transactions.

Answer: B

Question 4

Identify three features of a Balancing Entity. (Choose three.)

Options :

A : Balance sheets are prepared for a Balancing Entity.

B : A Legal Entity may comprise one or more than one balancing segments.

C : Multiple Balancing Entities within the same Operating Unit structure is not supported.

D : A Balancing Entity is represented as a balancing segment value in the accounting flexfield structure.

E :

Oracle E-Business Suite Release 12 automatically secures balancing segment values within your chart of accounts with specific Legal Entities or Operating Units.

Answer: A,B,D

Question 5

The client wants to implement reorder point planning for some 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 client wants to plan?

Options :

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

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