Oracle 1Z1-1079 : Oracle Cloud Material Management & Logistics 2019 Implementation Essentials

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Oracle Cloud Material Management & Logistics 2019 Implementation Essentials Sample Questions:

1. Your client has the following requirement: any party with a company name that has the words "NUCLEAR" or "ATOMIC" should be blocked.
For example, "NUCLEAR CORPORATION OF IRAN" should be matched.
Which solution will you suggest to the client to meet this requirement?

A) Create a compliance rule for catching any company name with the word "NUCLEAR" or "ATOMIC."
B) Create a Restricted Parties List with "NUCLEAR" and "ATOMIC" and configure Service Preference and Service Parameter for meeting this screening requirement.
C) This requirement can only be met with a stored procedure called from an agent to screen company names.
D) Identify all possible entities like "NUCLEAR CORPORATION OF IRAN" and create a Restricted Parties List with them for performing screening.

2. Which two statements are correct about product classification assignment for an Item? (Choose two.)

A) There is a limit of up to five product classification types that can be assigned to an item.
B) Product Classification Notes can be added to each product classification type assigned to an item.
C) If an item has multiple product classification types, then all of them are assigned to a Trade Transaction Line and there is no provision in GTM to filter the product classification types to be assigned to a Trade Transaction Line.
D) Multiple product classification types can be assigned to an Item.
E) All the product classifications assigned to an item are deleted automatically by GTM if the item is modified.

3. Which two statements are true about a regime? (Choose two.)

A) Bureau of Industry and Security (BIS) is a regime.
B) In the USA, Export Administration Regulations (EAR) is the one and only regime for Trade Compliance.
C) One country should have only one regime.
D) In GTM, a regime can be defined as a set of rules or regulations.
E) One regime may apply to multiple countries.

4. What is not Master Data in GTM?

A) Product Classification Codes
B) Trade Tariff
C) Restricted Party List
D) Party
E) Trade Item

5. In the process of "Adjust Shipment cost scenario," you select "reversing and adjusting shipment cost. What will be performed by OTM?

A) The system reverses a cost by creating a new cost with a negative amount that matches the amount of the original cost.
B) The system gives the user an option to update the amount.
C) The system takes the original cost and adds or subtracts an amount to it to create the new cost.
D) The system creates a now cost that negates the original cost. Then it creates another new cost with the new cost value.

Solutions: