Quiz 2025 1z0-1077-24: Fantastic Oracle Order Management Cloud Order to Cash 2024 Implementation Professional New Practice Materials
Quiz 2025 1z0-1077-24: Fantastic Oracle Order Management Cloud Order to Cash 2024 Implementation Professional New Practice Materials
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Oracle Order Management Cloud Order to Cash 2024 Implementation Professional Sample Questions (Q116-Q121):
NEW QUESTION # 116
Which task requires manual execution of the Process Supply Chain Orchestration Interface process so that a supply order gets created?
- A. Back-to-Back Procurement
- B. Min-Max planning replenishing a purchase request
- C. Drop Shipment
- D. Back-to-Back Contract Manufacturing
- E. Planned Order Releases
Answer: B
Explanation:
Min-Max planning replenishing a purchase request is the task that requires manual execution of the Process Supply Chain Orchestration Interface process so that a supply order gets created. Min-Max planning is a method of inventory replenishment that maintains a minimum and maximum quantity of each item in a warehouse or subinventory.When the quantity of an item falls below the minimum level, a purchase request is generated to replenish the item to the maximum level1. The purchase request is then sent to the Supply Chain Orchestration Interface table, where it waits for the Process Supply Chain Orchestration Interface scheduled process to run.This process creates a supply order based on the purchase request and sends it to the supplier2.
You must run this process manually or schedule it to run periodically3.
References:
* Min-Max Planning
* Process Supply Chain Orchestration Interface
* Orchestrate Supply Requests from Replenishment Planning
NEW QUESTION # 117
Your client's account receivables department has a requirement to automatically re-charge customers for the difference on short paid invoices. Channel Revenue Management supports a settlement method for managing invoice deductions, by automatically creating a chargeback in Receivables for the value of the claim and applying the chargeback to the original invoice.
Which settlement method(s) may be combined with this function?
- A. This function can be combined with a credit memo
- B. This function cannot be combined with other methods
- C. This function can be combined with all other methods
- D. This function can be combined with a debit memo
Answer: B
Explanation:
This function cannot be combined with other methods
This function cannot be combined with other methods because it is a standalone settlement method that closes the original invoice and creates a chargeback for the value of the claim.A chargeback is a negative invoice that reduces the amount owed by the customer and is applied to the original invoice1.This function is used to settle invalid invoice deductions, such as short payments, discounts, or disputes2.Other settlement methods, such as credit memo or debit memo, are used to settle valid invoice deductions, such as allowances, rebates, or promotions3.
References:
* Chargeback
* Oracle Accounts Receivable Deductions Settlement User Guide
* Settle Claims Using Credit Memo or Debit Memo
NEW QUESTION # 118
Your supply chain organization needs to include important project information on internal order movement activities. Supply Chain Orchestration can now use file-based data import template as a means of updating project attributes on transfer orders.
Which is the correct sequence of the process?
- A. SCO performs a project accounting transaction control (PATC).
Inventory management updates transfer order with new attributes.
SCO gets default values for the project attributes not imported.
SCO sends validated attributes to Inventory Management for transfer order. - B. SCO gets default values for the project attributes not imported.
SCO performs a project accounting transaction control (PATC).
SCO sends validated attributes to Inventory Management for transfer order.
Inventory management updates transfer order with new attributes. - C. SCO sends validated attributes to Inventory Management for transfer order.
SCO gets default values for the project attributes not imported.
SCO performs a project accounting transaction control (PATC).
Inventory management updates transfer order with new attributes. - D. SCO performs a project accounting transaction control (PATC).
SCO gets default values for the project attributes not imported.
SCO sends validated attributes to Inventory Management for transfer order.
Inventory management updates transfer order with new attributes.
Answer: B
Explanation:
This is the correct sequence of the process to update project attributes on transfer orders using file-based data import template.A transfer order is a document that initiates the movement of material between warehouses within the enterprise1.Project attributes are the information that identifies the project, task, and expenditure type for each transfer order line2.You can use file-based data import template to update project attributes on transfer orders by following these steps3:
* SCO gets default values for the project attributes not imported: Supply Chain Orchestration (SCO) is a service that orchestrates the fulfillment of supply requests from various sources, such as sales orders, planning recommendations, or inventory replenishment. SCO gets the default values for the project attributes that are not imported from the file-based data import template. The default values are derived from the project defaulting and enrichment rules that you set up in the Manage Supply Order Defaulting and Enrichment Rules task.
* SCO performs a project accounting transaction control (PATC): SCO performs a validation of the project attributes against the project accounting transaction control (PATC) rules that you define in the Manage Project Transaction Sources task. PATC rules determine whether the project attributes are valid and consistent for each transfer order line. If the project attributes pass the validation, SCO sends them to Inventory Management for transfer order creation. If the project attributes fail the validation, SCO rejects them and logs the errors in the Supply Chain Orchestration Interface table.
* SCO sends validated attributes to Inventory Management for transfer order: SCO sends the validated project attributes along with other transfer order information to Inventory Management for transfer order creation. Inventory Management is a service that manages the flow of material within and across warehouses. Inventory Management creates the transfer order based on the information received from SCO and assigns a unique document number to it.
* Inventory management updates transfer order with new attributes: Inventory Management updates the transfer order with the new project attributes that are imported from the file-based data import template.
You can view the updated project attributes on the transfer order lines in the Manage Transfer Orders page in the Inventory Management work area.
References:
* Transfer Order
* Project Attributes
* Update Project Attributes on Transfer Orders Using File-Based Data Import
* [Supply Chain Orchestration]
* [Manage Supply Order Defaulting and Enrichment Rules]
* [Manage Project Transaction Sources]
* [Supply Chain Orchestration Interface]
* [Inventory Management]
* [Create Transfer Orders]
* [Manage Transfer Orders]
NEW QUESTION # 119
Which three statements about Managerial Accounting are correct?
- A. Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
- B. Cost method can be defined granularity down to individual items.
- C. A cost organization does not require a primary cost book associated with the primary ledger.
- D. Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
- E. Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
Answer: B,D,E
Explanation:
* A is correct because cost method is the way of valuing inventory and cost of goods sold. Cost method can be defined at different levels of granularity, such as item category, item, or lot.This allows for more flexibility and accuracy in cost accounting1
* B is incorrect because a cost organization must have a primary cost book associated with the primary ledger. A cost book is a set of cost accounting policies and valuation structures that determine how inventory transactions are accounted for.A cost organization can have multiple cost books, but one of them must be primary2
* C is correct because Supply Chain Orchestration is the application that coordinates and executes the fulfillment of sales orders across multiple sources and systems. Supply Chain Orchestration automatically selects the appropriate orchestration process based on user-defined subledger accounting rules when asupply creation is initiated.Subledger accounting rules define how transactions are accounted for in the general ledger3
* D is correct because Landed Cost Management is the application that enables organizations to capture, track, and allocate the actual costs associated with acquiring items from suppliers. Landed cost includes not only the purchase price, but also other charges such as freight, insurance, taxes, and duties. Landed Cost Management gives organizations financial visibility into their extended supply chain costs and helps them optimize their sourcing and pricing decisions.
* E is incorrect because Receipt Accounting is not the application that performs the accrual accounting for all types of receipts. Receipt Accounting is the application that performs the accrual accounting for purchase order receipts, return to supplier transactions, and inventory adjustments. Other types of receipts, such as sales order receipts, are accounted for by other applications, such as Receivables.
References:
1: Cost Methods2: Cost Organizations and Cost Books3: Supply Chain Orchestration : Landed Cost Management : Receipt Accounting
NEW QUESTION # 120
Your customer requires order revisions from an external system. The customer is concerned that all order lines will have to be sent again in the revised order even though the customer typically changes only one or two lines. Which three statements are true? (Choose three.)
- A. Order lines can be canceled by sending a cancellation request.
- B. All order lines will have to be sent again in the revised order.
- C. A revised order can contain just the updated order line.
- D. Missing order lines are assumed to be canceled.
- E. Missing order lines are not assumed to be canceled.
Answer: A,C,D
NEW QUESTION # 121
......
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