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 |
|---|---|
| Topic 1: Executing Back-to-Back Process | - Back-to-Back Supply Flow
|
| Topic 2: Setting up Advanced Inventory Transactions | - Advanced Inventory Features
|
| Topic 3: Understanding Consigned Inventory from a Supplier | - Consigned Inventory Management
|
| Topic 4: Maintaining Inventory Replenishment | - Inventory Replenishment
|
| Topic 5: Creating Inventory Transactions | - Inventory Transaction Processing
|
| Topic 6: Setting up Costing and Inventory | - Costing Configuration
|
| Topic 7: Implementing Supply Chain Orchestration | - Supply Chain Orchestration
|
| Topic 8: Configuring Inventory Counts | - Inventory Counting
|
| Topic 9: Integrating with External Systems | - External Integration
|
| Topic 10: Implementing Enterprise Structures | - Enterprise Structure Design
|
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
Your customer is a very large organization spanning across multiple countries. Their legal requirements, Human Resource Policies, and Functional Currencies for Ledger are different for each country. Your customer wants to maintain 10 different companies in the system.
Which combination meets this requirement?
- A. 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
- B. 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
- C. 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger
- D. 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger
Correct Answer: D 🗳️
Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)
- A. Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
- B. Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
- C. Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
- D. Cost method can be defined granularity down to individual items.
Correct Answer: B,C,D 🗳️
A third-party service equipment is used for various purposes in a manufacturing facility and needs to be overhauled once a year. This equipment is charged based on its consumption without a project dependency.
At this point, it should be transferred out to the vendor's warehouse for maintenance and then returned back in the future depending upon the requirement.
The material stock transfer should happen with an offline approval and with an account alias as a logical reference.
What is the ideal way to handle this process?
- A. Transfer Order
- B. Requisitions
- C. Miscellaneous Transaction
- D. Move Request
- E. Subinventory Transfer
Correct Answer: C 🗳️
Your customer has a complex financial reporting structure.
Which three elements should you define first in order to form a basis for this reporting?
- A. Tax, Legal, and Industry
- B. Legal, Managerial, and Functional
- C. Legal, Autonomy, and Operational
- D. Managerial, Operational, and Industry
Correct Answer: C 🗳️
Material is transferred between two subinventories within an organization via transfer order. The setup is complete and the transfer order is created through the FBDI process.
What is the primary interface data that needs to be completed in the template?
- A. INV_SERIAL_NUMBERS_INTERFACE
- B. INV_TRANSACTIONS_INTERFACE
- C. INV_SUBINVENTORY_TRANSFER
- D. CST_I_INCOMING_TXN_COSTS
- E. INV_TRANSACTION_LOTS_INTERFACE
Correct Answer: B 🗳️
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