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Exam Name: Oracle EBS R12.1 Inventory Essentials
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NO.1 Your customer is planning to dose the accounting period in Inventory. Before closing the period, the
customer would like toviewthe total number of pendingtransactionsin one form.
Whichform would provide this Information?
A. Pending Status
B. View MaterialTransactions
C. FindPendingTransactions
D. Transaction Open Interface
E. InventoryAccountingPeriod
Answer: E
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NO.2 You are moving items from locator A to locator B within the same Inventory organization. Which two
types of inventory transactions are required? (Choose two.)
A. Move Order
B. Locator transfer
C. Subinventory transfer
D. WIP component Issue
E. Miscellaneous Receipt
F. WIP assembly completion
G. Interorganization transfer direct
Answer: A,C
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NO.3 ABCCompanyuses serial numbers for the following transactions:
1.Purchase order receipt
2. Miscellaneous receipt
3. Account alias receipt
The company wants to reuse the same serial numbers for work order completion transactions.
Which setup would allow it to reuse the same serial numbers?
A. INV: Validate Returned Serial: No
B. INV: Validate Returned Serial: Yes
C. INV: Restrict Receipt of Serials: No
D. INV: Restrict Receipt of Serials: Yes
E. INV: Validate Returned Lot: Yes and INV: Validate Returned Serial: No
F. INV: Restrict Receipt of Serials: Yes and INV: Validate Returned Serial: No
G. INV: Restrict Receipt of Serials: Yes and INV: Validate Returned Serial: Yes
Answer: C
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NO.4 What is the correct sequence when defining units of measure (UOM)?
A. UOM Class, UOM, UOM Conversions
B. UOM Class, UOM Conversions, UOM
C. UOM Conversions, UOM Class, UOM
D. UOM Conversions, UOM, UOM Class
E. UOM, UOM Class, UOM Conversions
Answer: A
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NO.5 Which three statements are true about ABC analysis.? (Choose three,)
A. theABC classisan Item attribute.
B. There can be only three classes A, B, and C.
C. anABC class must be assigned to at least one ABC group.
D. ABC classes can be used to groupItems for planning purposes.
E. ABC classes can be used toidentifythe value groupings to which your Items belong.
Answer: C,D,E
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NO.6 Which two functional areas have default category sets? (Choose two.)
A. Planning, Engineering, Costing
B. Purchasing, Payables, Inventory
C. Inventory, Purchasing, Bill of Materials
D. Order Management, Inventory, Purchasing
E. Inventory, Bill of Materials, Work in Process
F. Planning, Order Management, General Ledger
G. Order Management, Inventory, Work in Process
Answer: A,D
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NO.7 Which three statements are true about ABC Analysis and cycle count Classes? (Choose three.)
A. The hit/miss% for the Class overrides the hit/miss%ofthe cycle count header.
B. The hit/miss% for the cycle count header overrides the hit/miss%ofthe Class.
C. An ABC Analysis can be compiled for a sub inventory that is defined as a non-quantity-tracked sub
inventory.
D. An ABC Analysis can be compiled for nonasset (expensesubinventories for which quantities
aretracked).
E. In ABC Analysis, a quantity variance must always be submitted for approval, regardlessof thetolerance
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
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NO.8 Oracle Inventory interacts with other Oracle applications by sharing information.
Which two pieces of information does Oracle Inventory receive from the Order Management application?
(Choose two.)
A. UOM information IS
B. shipping information
C. on-hand information
D. ATP supply information
E. reservations information
Answer: B,E
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