Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Inventory Management Cloud
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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Setting up Advanced Inventory Transactions | - Advanced Inventory Features
|
| Maintaining Inventory Replenishment | - Inventory Replenishment
|
| Implementing Supply Chain Orchestration | - Supply Chain Orchestration
|
| Creating Inventory Transactions | - Inventory Transaction Processing
|
| Setting up Costing and Inventory | - Costing Configuration
|
| Implementing Enterprise Structures | - Enterprise Structure Design
|
| Configuring Inventory Counts | - Inventory Counting
|
| Integrating with External Systems | - External Integration
|
| Understanding Consigned Inventory from a Supplier | - Consigned Inventory Management
|
| Executing Back-to-Back Process | - Back-to-Back Supply Flow
|
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
In the Back-to-Back (B2B) Order to Cash flow, ordered items are purchased from a supplier. The Sourcing Rules have been defined for the item and the buy flow has been initiated. The sales order line is shown as Awaiting Shipping and the supply line status is "In Purchasing" with the supply order generated but the purchase requisition not generating.
What is the reason?
- A. ATP rule is not defined.
- B. The sourcing rule is incorrect.
- C. No Blanket Purchase Agreement (BPA) exists for this supplier - item combination.
- D. Work definition is missing for the item.
Correct Answer: C 🗳️
While performing the task "Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet Task", you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America.
What will be the functional currency of the ledger you are defining?
- A. The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.
- B. It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
- C. It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.
- D. The system will automatically pick "USD" as functional currency from the legal entity country.
- E. The system will pick the first available currency from the List of Values.
Correct Answer: D 🗳️
Identify the correct movement request where the move orders are preapproved requests for subinventory transfers that bring material from a source location to a shipment staging subinventory within the organization.
- A. Movement Request Requisitions
- B. Pick Wave Movement Request
- C. Replenishment Movement Request
- D. Automatic Movement Request Requisitions
- E. Shipping Movement Request
Correct Answer: D 🗳️
You have an organization that runs both its domestic and international business from the same offices. However, the organization does not want the domestic side of the business to be able to transact on the international side, even though they are selling the same material.
How do you configure your enterprise to meet this requirement?
- A. Set up the domestic and international businesses as separate operating units.
- B. Use data access security to separate what each customer can control.
- C. Set up the domestic and international businesses as separate projects.
- D. Set up the domestic and international businesses as separate business units.
- E. Set up the domestic and international businesses as separate cost centers.
Correct Answer: D 🗳️
Your organization has lot controlled and non-lot controlled material and stores all defective material in a subinventory called "Defect." The organization does not want defective material to be available for reservations or for subsequent shipping to customers.
Which option satisfies this requirement?
- A. Disallow all inventory transactions for the subinventory "Defect."
- B. Assign the subinventory a material status that disallows reservations and allows subinventory transfers and issues to scrap.
- C. Put a hold on the lot.
- D. Tag the lot as defective product.
Correct Answer: B 🗳️
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