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Oracle 1z0-1075-24 Exam Syllabus Topics:
Topic
Details
Topic 1
- Managing Projects Enabled SCM: This part of the exam evaluates the competencies of project managers in supply chain management and covers essential projects-enabled SCM configurations. It involves managing project-enabled work orders, which is crucial for aligning project management with manufacturing and supply chain processes.
Topic 2
- Managing Work Definitions: In this section, the exam gauges the proficiency of manufacturing professionals in managing work definitions. It examines the process of creating work definitions, calculating lead times, and handling item structure changes. Additionally, it covers creating and managing versions of work definitions, automatically generating them, and managing items and structures.
Topic 3
- Integrating Manufacturing Modules: This section is designed for manufacturing integration specialists and highlights the essential features of Manufacturing Cloud integrations. It examines how various manufacturing modules interact and integrate within a cloud environment, ensuring smooth operations and seamless data flow across systems.
Topic 4
- Setting up Manufacturing Elements: This part of the exam assesses the expertise of manufacturing professionals and focuses on the core functionalities of Functional Setup Manager and Simplified Setup. It includes configuring common elements, resources, operations, and work centers, as well as setting plant parameters and managing security.
Topic 5
- Costing and Inventory Foundations: This section is aimed at inventory managers and cost accountants, focusing on common inventory configurations and key aspects of managerial and cost accounting. A solid understanding of these concepts is fundamental for effectively managing inventory and controlling costs within a manufacturing environment.
Topic 6
- Managing Work Orders: This portion of the exam evaluates the skills of production and manufacturing managers, emphasizing the functionalities within the Work Execution Work Areas. It includes creating and modifying work orders for both standard and non-standard manufacturing, with serialized production included.
Topic 7
- Executing Production: This section measures the proficiency of production managers in key aspects of production execution, including outside processing. It covers identifying functions in the dispatch list, reporting production and orderless transactions, and reviewing production transactions and product genealogy.
Topic 8
- Manufacturing Costing: This part of the exam is aimed at cost accountants and financial analysts, focusing on the primary features of production costing. It covers evaluating work order completion costs, including partial and scrap costs, and summarizing key aspects of cost reporting, such as the Work in Progress (WIP) Inventory Valuation Report.
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Oracle Manufacturing Cloud 2024 Implementation Professional Sample Questions (Q51-Q56):
NEW QUESTION # 51
In which two places can you create and edit user-defined work order statuses?
- A. Work Execution work area tasks
- B. Work Definition work area tasks
- C. Scheduled Processes
- D. Functional Setup Manager > Setup: Manufacturing and Supply Chain Materials Management
Answer: A,D
Explanation:
User-defined work order statuses can be created and edited in the following areas of Oracle Manufacturing Cloud:
Functional Setup Manager: This is where the configuration of user-defined work order statuses is performed under the "Manufacturing and Supply Chain Materials Management" setup. Users can define new statuses and configure their behavior.
Work Execution work area tasks: Users can also manage work order statuses directly in the Work Execution area, which is part of the day-to-day management of production orders.
Incorrect options:
Scheduled Processes (A) and Work Definition work area tasks (B) are not areas where work order statuses are defined or edited.
NEW QUESTION # 52
Which three entities must you set up in Oracle Manufacturing Cloud to create a work definition for an item that will be manufactured in-house?
- A. Operation items
- B. Resources
- C. Production line
- D. Operations
- E. Manufacturing lead time
Answer: A,B,D
Explanation:
To create a work definition for an in-house manufactured item in Oracle Manufacturing Cloud, the following entities must be set up:
Resources: Resources such as machines, labor, or tools are required to define what is needed to execute each operation.
Operations: These represent the steps in the manufacturing process. Each operation can have multiple resources and associated work instructions.
Operation Items: These are the items consumed or used during the operation. They include the components and materials needed for production.
While Production Line (C) and Manufacturing Lead Time (E) are important for scheduling and capacity planning, they are not mandatory for creating a basic work definition.
NEW QUESTION # 53
Which statement is NOT true about cumulative lead time?
- A. It updates the item's lead time attributes at the end of the calculation process: cumulative manufacturing and cumulative total lead times.
- B. It calculates cumulative manufacturing lead times by rolling up manufacturing lead times of make Items.
- C. It updates lead time percent at the operation level in the work definition.
- D. It calculates cumulative total lead times by rolling up lead times of make items and adding up lead time values of buy items.
Answer: C
NEW QUESTION # 54
Which three are Cost accounting methods'
- A. Periodic Actual Cost
- B. Frozen Standard Cost
- C. Actual Cost, also known as "FIFO"
- D. Layer Cost, also known as "LIFO"
- E. Perpetual Average Cost
Answer: B,C,E
Explanation:
Oracle Manufacturing Cloud supports multiple cost accounting methods to help organizations track the cost of their goods and inventory effectively. Below is an explanation of the correct answers:
Statement A: Perpetual Average Cost - This is a commonly used method in Oracle Cloud where the system continuously updates the average cost of an item with each receipt or transaction. This method is useful for organizations that need to track the moving average cost of goods in real-time.
Reference:
Statement C: Frozen Standard Cost - This method involves predefining a standard cost for each item at the beginning of a financial period. The cost remains "frozen" throughout the period, and variances between the actual cost and the standard cost are tracked and analyzed separately.
Statement D: Actual Cost, also known as "FIFO" - The FIFO (First In, First Out) method records costs based on the order in which items are received. It is a type of actual costing where items are valued based on the specific costs of the earliest received inventory. Oracle Cloud supports FIFO as part of its actual costing methods.
Incorrect Statements:
Statement B: Layer Cost, also known as "LIFO" - Oracle Cloud does not natively support LIFO (Last In, First Out) as a cost method due to accounting and regulatory restrictions in various regions. LIFO is generally not used in the system as a standard method.
Statement E: Periodic Actual Cost - While there is a method called Periodic Average Cost, Periodic Actual Cost is not typically listed as a standard costing method in Oracle Cloud.
NEW QUESTION # 55
You have been asked to set up cost estimates for 10 different purchased items. Which two tasks can you perform to achieve this?
- A. Run the "Update Item Cost Estimate" ESS process.
- B. Import a spreadsheet.
- C. Enter cost estimates directly into the UI.
- D. Call a web service.
- E. Use the Mass Edit functionality.
Answer: B,C
Explanation:
To set up cost estimates for multiple purchased items in Oracle Manufacturing Cloud, the following tasks can be performed:
Import a spreadsheet (A): You can import cost estimates for multiple items at once using a preformatted spreadsheet, which allows for efficient data entry.
Enter cost estimates directly into the UI (E): Cost estimates can also be manually entered directly through the user interface for individual items, providing flexibility when fewer items need to be updated.
Incorrect options:
Calling a web service (B) is not the correct method for setting up cost estimates.
Mass Edit functionality (C) and Update Item Cost Estimate process (D) do not directly apply to entering new cost estimates for purchased items.
NEW QUESTION # 56
......
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