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

1. Which two statements are true about the Product Classification assignment process for items? (Choose two.)

A) Users can create their own product classification status instead of accepting what is present in the system.
B) A supervisor can approve the product classification that is in CREATED status using the Approve or Decline Product Classification action.
C) When a product classification type and code are added to the Item, the product classification changes to the CREATED status.
D) Only the product classification with a status of APPROVED on the Item can be assigned to a Trade Transaction Line.

2. What is not Master Data in GTM?

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

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

4. Which method allows you to assign a Bond to a Declaration?

A) Storing a Bond in a Logic Configuration for a Declaration Type
B) Executing Auto Data Assignment modeled via Compliance Rules
C) Setting Up a Service Preference for Bond Assignment
D) Specifying a Bond on a Declaration Type Profile

5. Based on the screenshot shown below, which two options are correct for Service Preference configuration?
(Choose two.)

A) Exclude Words is used to specify words to exclude when ONLY "Dice" Match Engine is used.
B) It is not mandatory to specify Agency Code.
C) If the Data Version ID is not specified and if there is a Restricted Parties List with a Data Version with the "Current" flag set, it will be used for screening.
D) If the Data Version ID is not specified, then the system will throw an error during screening that Data Version ID needs to be specified.
E) At the most sixty-four words can be specified in Exclude Words.

Solutions: