Oracle 1Z0-1066-24 Practice Questions| TestInsights

Question 1

What are two characteristics of an 'Item' organization? (Choose two.)

AIt includes parameter definition, including lot. serial number, and item sourcing rules.

BIt requires financial and accounting setups.

CIt does not physically of financially track material storage or movement.

DIt is ideal for deployments where inventory management may not be installed.

Correct : C, D

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AIt includes parameter definition, including lot. serial number, and item sourcing rules.

BIt requires financial and accounting setups.

CIt does not physically of financially track material storage or movement.

DIt is ideal for deployments where inventory management may not be installed.

Question 2

Cost accounting captures costed transactions that are picked up by the cost processor. Which is not picked up by the cost processor?

Ainvoices and revenue interfaced from Cloud Receivables

Bsupplier invoices interfaced from Cloud Payables

Cshipping, receiving, and inventory transactions from manufacturing

Dperiod close adjusting journal entries for Payroll

Correct : A

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Ainvoices and revenue interfaced from Cloud Receivables

Bsupplier invoices interfaced from Cloud Payables

Cshipping, receiving, and inventory transactions from manufacturing

Dperiod close adjusting journal entries for Payroll

Question 4

Which statement is NOT true about Collect Planning Data?

AIf you use a predefined template, you can't change the business objects being collected, but you can change the Collection Type.

BNet Change collection does not collect Shipment and Booking history data.

CDuring a Targeted collection for a specific business object, the existing data is first purged from the planning data repository.

DIf only a few business objects are selected for collection, their data dependencies are not automatically included in the data collection.

Correct : A

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AIf you use a predefined template, you can't change the business objects being collected, but you can change the Collection Type.

BNet Change collection does not collect Shipment and Booking history data.

CDuring a Targeted collection for a specific business object, the existing data is first purged from the planning data repository.

DIf only a few business objects are selected for collection, their data dependencies are not automatically included in the data collection.

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