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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Inventory Transactions and Execution | - Receipts, issues, transfers, and adjustments - Material movement and transaction processing rules |
| Topic 2: Reporting and Integration | - Integration with Oracle SCM Cloud modules - Inventory reporting and analytics |
| Topic 3: Inventory Controls and Compliance | - Inventory controls, cycle counts, and auditing - Subinventory and locator management |
| Topic 4: Inventory Valuation and Costing | - Cost accounting integration - Cost methods and valuation principles |
| Topic 5: Inventory Management Fundamentals | - Item and warehouse configuration basics - Inventory structure and organization setup |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
1. Your company is an automobile spares manufacturing organization, which follows a discrete process. It has its own manufacturing and distribution centers located globally.
It has these business units:
US - USA business unit
CAN - Canadian business unit
UK - UK business unit
MX - Mexican business unit
IND - India business unit
SPA - Spain business unit
FRA - France business unit
NL - Netherlands business unit
GER - Germany business unit
These are the inventory organizations that exist in each business unit:
Inventory Org - business unit
--------------------------------------------
GM (Master Org) - US
US1 (Child Org) - US
US2 (Child Org) - US
CA1 (Child Org) - CAN
MX1 (Child Org) - MX
IN1 (Child Org) - IND
SP1 (Child Org) - SPA
FR1 (Child Org) - FRA
NL1 (Child Org) - NL
DE1 (Child Org) - GER
Which two statements are true?
A) Item organizations are also supported to serve as inventory organizations.
B) You can define an item in the IN1 inventory organization and assign it to the DE1 inventory organization.
C) Operational Attributes can be controlled only at the Master Level.
D) Items defined in the GM organization can be assigned to US1,US2, NL1, and MX1 inventory organizations.
E) All inventory organizations do not need to be in the same business unit to assign items.
F) Items cannot be assigned to inventory organizations across business units.
2. 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) 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.
B) The system will pick the first available currency from the List of Values.
C) The system will automatically pick "USD" as functional currency from the legal entity country.
D) 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.
E) It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
3. While creating the consignment agreement, you have set the consumption advice frequency to "monthly" and the billing cycle close date to "31st August, 2020".
What will happen when you run the consumption advice process on 31st August, 2020?
A) No consumption advice is created.
B) Consumption advice is created and the next closing date is set to 30th October, 2020.
C) Consumption advice is created and the next closing date is set to 30th September, 2020.
D) Consumption advice is created and the next closing date is set to 7th September, 2020.
4. Your customer wants to transfer material from facility A to facility B. They are using the interorganization transfer to perform the transaction in the system. Their requirement is "whenever material is transferred from their facility A to facility B, facility B needs to pay 5% additional amount to the current item cost." Which task must be set up to accomplish this requirement?
A) Manage Supply Chain Financial Orchestration Transfer Pricing Rules
B) Manage Cost Plus Pricing
C) Manage Interorganization Markup
D) Manage Cost Organization Relationships
E) Manage Organization Relationships
5. Which three statements are true regarding PAR Location Management?
A) Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.
B) A receipt is required on interorganization expense destination transfer orders between the from and to organizations
C) If the stock level falls below the target on-hand quantity for the locator, inventory generates the appropriate replenishment document based on the item sourcing for the subinventory.
D) PAR location management replenishment are calculated at the organization level or subinventory level.
E) Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: A,B,E |
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