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

1. Identify three statements that are true about Restricted Party List. (Choose three.)

A) When a Restricted Party on the Restricted Party List is no longer valid, the user should deselect the In Use check box in GTM.
B) After a Restricted Party appears on the Restricted Party List, the user should never delete it or mark it as invalid.
C) When a Restricted Party on the Government Agency Restricted Party List is no longer valid, the External Content Provider will send an update through integration.
D) When a Restricted Party on the Restricted Party List is no longer valid, the user can expire it in GTM.
E) When a Restricted Party on the Restricted Party List is no longer valid, the user should delete it in GTM.

2. The recalculation process in Landed Cost Simulator will ______.

A) reassign charges based on the Value Set Rule Set Group defined in Logic Configuration
B) calculate charge values based on the Formula Rule Set Group defined in Logic Configuration for the lock charges
C) calculate charge values based on the Formula Rule Set Group defined in Logic Configuration for the lock and unlock charges
D) calculate charge values based on the Formula Rule Set Group defined in Logic Configuration for the unlock charges

3. Which statement explains the meaning of the term "foreign key" as it relates to the OTM Data Dictionary?

A) Foreign key refers to data objects that are stored in a domain other than the PUBLIC domain.
B) Foreign key identifies objects in the Location tables.
C) Foreign key objects are referenced by Primary key objects, therefore tables containing Primary keys must be loaded before tables containing Foreign key objects.
D) Foreign key objects reference Primary key objects, therefore tables containing Foreign keys must be loaded after tables containing Primary key objects.

4. Which two statements are true about a regime? (Choose two.)

A) In GTM, a regime can be defined as a set of rules or regulations.
B) One regime may apply to multiple countries.
C) One country should have only one regime.
D) Bureau of Industry and Security (BIS) is a regime.
E) In the USA, Export Administration Regulations (EAR) is the one and only regime for Trade Compliance.

5. Your client has the following requirements:
1. Order Releases will be obtained using integration.
2. Multiple Order Releases will be bulk planned into shipment.
3. The shipment should be screened for export compliance to check if a license is required and denied party screening.
Which option will meet the requirements?

A) A Trade Transaction can be directly created using the shipment and can go through export compliance screening and denied party screening.
B) A Trade Transaction has to be created using an Order Release before the shipment is created. The Trade Transaction should be screened.
C) The bulk plan logic should be modified to screen the Order Release just before the shipment is created.
D) The shipment can be directly screened without creating a Trade Transaction.

Solutions: