Exam : Oracle 1Z0-221
Title : Oracle 11i Inventory Management Fundamentals


1. XYZ Inc. is a manufacturing organization. All its new manufacturing items need to be defined in Oracle Engineering. After ECO approval, the item will be transferred to Oracle Manufacturing for regular manufacturing. The R&D department defined 10 new inventory items in Oracle Engineering. The items have not been transacted yet, and have not been assigned to any child organization. Item names need to be changed to begin with the prefix "SL". What should you do?
A. Change the setup at the user profile level and rename the items with the prefix with "SL".
B. Ignore the 10 existing items, and define another 10 new items, with the correct prefix.
C. Delete the items by clicking the red X on the master-item form, and define the new items with the prefix "SL".
D. Disable the existing 10 items with item status "Inactive" and define new items with the prefix "SL".
Answer: A

2. For which three functional areas can status attribute controls be controlled ? (Choose three)
A. Invoicing
B. Services
C. Inventory
D. Receiving
E. Bills of Material
F. MPS/MRP Planning
Answer: ACE

3. Which two statements are true about the Managing Shipments process? (Choose two.)
A. You can update information pertaining to the shipment header and the shipment lines.
B. You can access all incoming and outgoing in-transit shipments between inventory organizations associated with the current organization.
C. In-transit shipment between inventory organizations must use the receipt routing specified at the item, organization, or system level.
D. If you change the Expected Receipt date, you can control whether Purchasing updates Shipment Supply to reflect the new due date.
Answer: AB

4. A customer who distributes widgets has a warehouse with locations where material is stored. In the customer's current system, users may receive material on a purchase order and indicate the location where it should go, but when the material is physically sent to the location, they may discover that the location is full. What is the best way to solve the problem ?
A. Set up each location as a subinventory and select the nettable flag.
B. Set up each location as a subinventory and select the Allow Reservation flag.
C. Set up each location as an organization and create locators in the organization.
D. Set up the locations as locators, and use the capacity tab of the locator definition form to enter the maximum number of items that can be stored in the locator.
Answer: D

5. For which four purposes can Miscellaneous transactions be used? (Choose four.)
A. cycle-count adjustment
B. physical Inventory adjustment
C. decrementing onhand balances from a subinventory
D. adjusting inventory quantity within an inventory organization
E. transferring inventory quantity across inventory organizations
Answer: ABCD

6. A parts distributor has a facility that includes several buildings that are used as warehouses. All the warehouses together represent one subinventory in an inventory organization. Each building is multistoried, and each floor (story) has several rooms within each building that are unique to that building. All rooms are used to store material, and the distributor needs the ability to store material and pick material from these rooms. What is the optimum number of segments that you would recommend for the Stock Locator flexfield?
A. 1
B. 2
C. 3
D. 4
Answer: C

7. Which statement is true regarding inventory transactions?
A. Transaction reasons can be used in all transaction forms.
B. You can designate by transaction type which transaction reasons are available.
C. You must create at least one user-defined transaction reason for each inventory organization.
Answer: A

8. At what level can you generate cycle count requests and perform cycle counting under a single cycle count name?
1. all subinventories
2. a specific subinventory
3. selected set of subinventories
A. 1 only
B. 2 only
C. 3 only
D. 1 or 2 or 3
Answer: D