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

1. When creating an Itinerary, one of the parameters that can be set on the parameters tab is the "INCO Tem profile ID" l. What are INCO Terms?

A) International Cargo Operations terms that define the classes of air and ocean vessels approved for shipping commercial freight.
B) International Commerce terms that define which party owns freight at each point in the shipment process.
C) Insurance Company terms that define the carrier's indemnification rights and responsibilities.
D) Incorporation terms that define the geographies that a carrier is licensed to operate within.

2. Select the two true statements about OTM Agents.

A) Agents "listen" for a condition to occur.
B) Agents can send alerts when a condition has occurred, and they can also create or change data objects.
C) Agents can send alerts when a condition has occurred, but they cannot create or change data objects.
D) Agents can be configured to run multiple times on a time-based schedule.

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 compliance rule for catching any company name with the word "NUCLEAR" or "ATOMIC."
C) Identify all possible entities like "NUCLEAR CORPORATION OF IRAN" and create a Restricted Parties List with them for performing screening.
D) Create a Restricted Parties List with "NUCLEAR" and "ATOMIC" and configure Service Preference and Service Parameter for meeting this screening requirement.

4. Which two options are true about Classification Approval? (Choose two.)

A) It is for one user to both create and approve the Product Classification Code details, including Description, and so on.
B) It is an optional process.
C) It is a mandatory process.
D) It is for one user to review and approve the Item Classification that another user performed.

5. Your client has a requirement to perform automatic Sanction Screening on a Party.
Which two configurations do you use in GTM to meet the requirement? (Choose two.)

A) Compliance Rules
B) Service Preference and Service Parameter for Restricted Party Screening
C) Agents
D) Business Monitor
E) Restricted Party List

Solutions: