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  5. Oracle E-Business Suite R12.1 Inventory Essentials Questions and Answers

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Questions # 21:

You and your client determined that forecasting methods included with inventory will be sufficient to meet the client's needs.

You and the customer have decided to use Focus Forecasting to begin with and move to Exponential Smoothing after one year.

Along the way, your customer noticed some definite trends in demand and has requested your help to re-evaluate the forecasting method.

What do you recommend as a forecasting method? What additional information is needed, if any?

Options:
A.

Focus Forecasting

B.

Exponential Smoothing

C.

Exponential Smoothing with Trend Enhanced Forecasting, Alpha and Beta Coefficients

D.

Exponential Smoothing with Season Enhanced Forecasting, Alpha and Beta Coefficients

E.

Exponential Smoothing with Season Enhanced Forecasting, Alpha and Gamma Coefficients

Expert Solution
Questions # 22:

Production creates a move order requisition and specifies a subinventory as a source. This subinventory has

insufficient quantity on-hand, but another subinventory has plenty available.

What would happen allocating the move order?

Options:
A.

Allocations would only be created in the subinventory where there is full available on-hand.

B.

Nothing. Without sufficient quantity in the source subinventory, allocation would not be created.

C.

Partial allocation for source subinventory is created. The remaining requested quantity is canceled.

D.

Partial allocation for source subinventory is created. The remaining requested quantity is not allocated.

E.

Partial allocation for source subinventory is created. The remaining allocation would be created in the

available subinventory.

Expert Solution
Questions # 23:

ACME requires cycle counting variance approval tolerances and the Approval required option is set to: If out of tolerance.

When the actual count falls within tolerance, Inventory _____

Options:
A.

Automatically approves and posts the cycle count adjustment

B.

Automatically approves, but does not post the cycle count adjustment

C.

Holds the cycle count adjustment for approval and posts it after approval

D.

Holds the cycle count adjustment for a recount and does not post the adjustment

Expert Solution
Questions # 24:

Identify two types of regions In Daily Business intelligence. (Choose two.)

Options:
A.

menu

B.

table

C.

folder

D.

report

E.

graph

Expert Solution
Questions # 25:

You are the Human Resources lead for the ERP Implementation of ABC Corporation. You have defined the employees in Oracle Human Resources. Select three activities that utilize the employee record. (Choose three.)

Options:
A.

Approvals

B.

Asset assignment

C.

Organization creation

D.

Journal Entry creation

E.

AutoCreate Purchase Orders

Expert Solution
Questions # 26:

Which four options are determined by a responsibility in Oracle E-Business Suite Release 12? (Choose four.)

Options:
A.

inherited roles

B.

accessible reports

C.

applicable Ledgers

D.

accessible Applications

E.

accessible menus and forms

Expert Solution
Questions # 27:

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.

Backflush transactions would drive inventory negative.

C.

Backflush transactions would not drive inventory negative.

D.

Backflush and inventory transactions would drive inventory negative.

E.

Backflush and inventory transactions would not drive inventory negative.

F.

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

Expert Solution
Questions # 28:

Identify three true statements about defining actions In Oracle Alert. (Choose three.)

Options:
A.

An alert can contain only one Action Set.

B.

An alert can contain any number of Action Sets.

C.

When multiple actions are defined they must be included In an Action Set.

D.

Oracle Alert waits for user response before executing next action in an Action Set.

E.

When multiple actions are defined, they do not need to be included in an Action Set.

F.

Oracle Alert does not wait for user response before executing next action in an Action Set

Expert Solution
Questions # 29:

Which three statements are true about modifying flexfield values?

Options:
A.

The values cannot be disabled.

B.

The value description can be changed.

C.

The effective dates for a value can be limited.

D.

The values can be deleted after they are defined.

E.

The values cannot be modified after they are defined.

Expert Solution
Questions # 30:

Which statement is true regarding inventory transactions?

Options:
A.

Transaction reasons can be used in all transaction forms.

B.

Work in Process would not affect inventory transactions.

C.

Inventory adjustments are not part of inventory transactions.

D.

You can designate, by transaction type, which transaction reasons are available.

E.

You must create at least one user-defined transaction reason for each inventory organization,

Expert Solution
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