1z0-1077-24 Free Practice Test

A drop ship sales order line is created for an item with quantity as 10. Later, a revision is made on this drop ship sales order to increase the quantity to 15.
At which stage of the fulfillment process, will this change be accepted?

1. A. A purchase order is created against the drop ship sales order but it is not yet shipped by the supplier.
2. B. A requisition is created from the drop ship sales order but the purchase order is yet to be created.
3. C. The purchase order schedule against this drop ship sales order line has been partially shipped.
4. D. The entire quantity in the purchase order schedule has been shipped by the supplier.

Correct Answer: B
The drop ship flow is a variation of the order-to-cash flow, where ordered items are sourced from a supplier1. A revision on a drop ship sales order line to increase the quantity will be accepted only if the requisition is created from the drop ship sales order but the purchase order is yet to be created.This is because once the purchase order is created, the quantity on the sales order line cannot be changed2. If the purchase order is partially or fully shipped by the supplier, the sales order line is also partially or fully fulfilled and cannot be revised.
References:
✑ How Drop Ship Works in Order Management
✑ How Order-to-Cash Works in Order Management

You created a pricing strategy, but notice that it is still showing the status as "In progress". What action will change the status to "Approved"?

1. A. The approvers in the approval life cycle need to review and approve the strategy.
2. B. You must first assign your pricing strategy to a pricing segment.
3. C. You must first add a discount list to the pricing strateg
4. D. After you save it, the pricing strategy will show it has been approved.
5. E. You need to save the pricing strategy.
6. F. You must click the Approve button.

Correct Answer: E
To change the status of a pricing strategy from ??In progress?? to ??Approved??, you must click the Approve button on the Edit Pricing Strategy page. The Approve button is only enabled when the pricing strategy is complete and valid. A pricing strategy is complete when it has at least one pricing segment and one pricing rule.A pricing strategy is valid when it has no errors or conflicts1. By clicking the Approve button, you submit the pricing strategy for approval. The approval process depends on the approval life cycle that you have defined for the pricing strategy. The approval life cycle can include one or more approvers, who can approve or reject the pricing strategy.Once the pricing strategy is approved by all the approvers, the status changes to ??Approved?? and the pricing strategy becomes effective2.
References:
✑ How You Modify Pricing Strategies
✑ How You Approve Pricing Strategies

Which four order entities are global entities for which only one record for each instance of the entity is stored in the order orchestration and planning data repository? (Choose four.)

1. A. Payment terms
2. B. Unit of Measure
3. C. Currency
4. D. Warehouse
5. E. Freight carriers

Correct Answer: ABCE
https://docs.oracle.com/cd/E25054_01/fusionapps.1111/e20386/F499608AN2AEC9.htm The following entities are the global entities:
Order orchestration reference objectsUnits of measure (UOM) and UOM conversionsDemand classesCurrency and currency conversion classesShipping methods

A tax authority requires that you calculate tax only on the selling price of an item that you are selling, and not on the shipping charge.
How will you achieve this?

1. A. by moving the ??Compute Tax?? step before the ??Create Net Price Charge Component?? step in the Pricing algorithm
2. B. by moving the ??Compute Tax?? step before the ??Create Shipping Charges?? step in the Pricing algorithm
3. C. by creating a sub- algorithm and an expression builder
4. D. by using nested action and Groovy scripts

Correct Answer: B

Which two attributes can you use to group shipment lines into a single shipment? (Choose two.)

1. A. Carrier
2. B. FOB
3. C. Item
4. D. Sales Order
5. E. Ship-to location

Correct Answer: BE
A shipment comprises a set of shipment lines, grouped by certain common shipping attributes, that are scheduled to be shipped to a customer's ship-to location on a specific date and time. You can include items from different sales orders in a shipment. You can either manually or automatically group shipment lines to create a shipment. The shipment lines are grouped by the mandatory default criteria: ship-from location and ship-to location. However, you may also include additional grouping criteria, such as customer, freight terms, FOB (Free on board), and shipping method.