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


1. 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

2. 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

3. 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

4. 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

5. 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