Try Free Oracle 1Z0-1066-23 Updated Questions & Answers

Question 1

Cost accounting captures costed transactions that are picked up by the cost processor. Which is not picked up by the cost processor?

Ainvoices and revenue interfaced from Cloud Receivables

Bsupplier invoices interfaced from Cloud Payables

Cshipping, receiving, and inventory transactions from manufacturing

Dperiod close adjusting journal entries for Payroll

Correct answer: A

Question 2

The marketing department of a company needs to analyze the forecast based on type of demand (large retailer versus specialty store) and item cost (low versus high).

After creating a segment group with demand class and product for segment granularity, what additional sequence of actions must they also perform to satisfy marketing?

ADefine four segments based on demand type and item cost, define each segment's criteria, execute segmentation, and use the selector tool to create a new table or graph.

BDefine four segmentation based on demand type and item cost, define each segment's criteria, execute segmentation, configure planning analytics to update the dimension catalog, and use the selector tool to create a new table or graph.

CDefine four segments based on demand type and item cost, execute segmentation, and use the selector tool to create a new table or graph.

DDefine two segments based on demand type and item cost, execute segmentation, and use the selector tool to create a new table or graph.

Correct answer: A

Question 3

It is now January 2023. Your customer has loaded 3 years worth of shipment history (for 1/1/20 through 12/31/22) and wants to generate a monthly forecast for 2023 based on two years of shipment history.

When creating a demand plan, which two plan scope and demand plan options should your customer use? (Choose two.)

AFor demand plan option, add forecast shipments as forecasting profile, and enter historical buckets as 24.

BFor demand plan option, add forecast shipments as forecasting profile, enter history start date as 1/1/21. forecast start date as 1/1/23. and enter forecast end date as 12/31/23.

CFor demand plan option, add forecast shipments as forecasting profile, enter history start date as 1/1/21. enter history end date as 12/31/22. and enter forecast start date as 1/1/23.

DFor demand plan option, add forecast shipments as forecasting profile, enter historical buckets as 24. and enter forecast buckets as 12.

EFor plan scope, select plan horizon as 12 months, forecasting calendar as Gregorian, and forecasting time level as month.

FFor plan scope, select plan horizon days as 365. forecasting calendar as Gregorian, and forecasting time level as month.

Correct answer: D, E

Question 4

Identify two ways you can track performance against goals when defining measure goals. (Choose two.)

ASpecification

BValue

CRange

DAggregation

EQuantity

FAttribute

Correct answer: B, F

Question 5

A supply plan has just been run that contains a configured item. You notice that the sourcing rules of the base model were used instead of sourcing rules for the configured item. Why did this happen?

ANo sourcing rules have been defined for the configured item.

BThe sourcing rules of the base model overrode the sourcing rules of the configured item.

CIt is not possible to create sourcing rules for the configured item; all configured items always use the same sourcing rules as the base model.

DThe sourcing rules of the base model had a priority of 1, while the sourcing rules of the configured item had a priority of 2.

ENo planning percentages were defined at the operation level within the work definition.

Correct answer: A

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