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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Integration | - Integration with Oracle SCM Cloud modules - Inventory reporting and analytics |
| Topic 2: Inventory Valuation and Costing | - Cost methods and valuation principles - Cost accounting integration |
| Topic 3: Inventory Management Fundamentals | - Inventory structure and organization setup - Item and warehouse configuration basics |
| Topic 4: Inventory Controls and Compliance | - Subinventory and locator management - Inventory controls, cycle counts, and auditing |
| Topic 5: Inventory Transactions and Execution | - Material movement and transaction processing rules - Receipts, issues, transfers, and adjustments |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
1. 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 pick the first available currency from the List of Values.
B) The system will automatically pick "USD" as functional currency from the legal entity country.
C) 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.
D) It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
E) 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.
2. Identify the correct sequence of consigned inventory process flow.
A) Consignment agreement creation - Consignment order sent to supplier - Consigned inventory received by buyer - Consumption advice sent to supplier
B) Consumption advice sent to supplier - Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer
C) Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer - Consumption advice sent to supplier
D) Consignment order sent to supplier - Consignment agreement creation - Consumption advice sent to supplier - Consigned inventory received by buyer
3. Which attribute value allows usage of common inventory for project specific demand?
A) Allow use of common supplies : Null and Hard Pegging Level : None
B) Allow use of common supplies : Null and Hard Pegging Level : Project Group
C) Allow use of common supplies : No and Hard Pegging Level : Project and Task
D) Allow use of common supplies : No and Hard Pegging Level : Project Group
4. 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) Replenishment Movement Request
C) Pick Wave Movement Request
D) Automatic Movement Request Requisitions
E) Shipping Movement Request
5. Which three types of jurisdictions should be considered while designing the Enterprise Structure? (Choose three.)
A) Identifying Jurisdiction
B) Transaction Tax Jurisdiction
C) Labor Jurisdiction
D) Income Tax Jurisdiction
E) Obligatory Jurisdiction
F) Local Jurisdiction
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: B,E,F |
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