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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionObjectives
Inventory Transactions and Execution- Material movement and transaction processing rules
- Receipts, issues, transfers, and adjustments
Inventory Controls and Compliance- Subinventory and locator management
- Inventory controls, cycle counts, and auditing
Reporting and Integration- Inventory reporting and analytics
- Integration with Oracle SCM Cloud modules
Inventory Management Fundamentals- Inventory structure and organization setup
- Item and warehouse configuration basics
Inventory Valuation and Costing- Cost accounting integration
- Cost methods and valuation principles

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. You set up an item organization and an inventory organization as part of your customer's requirement.
Your customer has, by mistake, performed a receipt transaction in the item organization instead of the inventory organization. How wiil you rectify the error?

A) Perform a return of item and receive the item again in the correct organization.
B) Perform a new receipt in the correct organization and retain the stock in item organization because it does not affect any other operation.
C) It is not possible to receive item in the item organization.
D) Perform a correct receipt transaction and receive the item in the correct organization.


2. Which three things are true about running the Min-Max Report? (Choose three.)

A) The system calculates demand quantity by using information from existing sales orders, transfer orders, work orders and movement requests.
B) You can run the report or both Organizations and Subinventory Planning Levels simultaneously.
C) You can run the report by item category.
D) The Min-Max Replenishment ignores Item Processing Lead-time on Transfer orders.
E) You can suppress replenishment movement request when the source subinventory has zero item on-hand quantity.


3. 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) All inventory organizations do not need to be in the same business unit to assign items.
B) You can define an item in the IN1 inventory organization and assign it to the DE1 inventory organization.
C) Item organizations are also supported to serve as inventory organizations.
D) Items defined in the GM organization can be assigned to US1,US2, NL1, and MX1 inventory organizations.
E) Items cannot be assigned to inventory organizations across business units.
F) Operational Attributes can be controlled only at the Master Level.


4. 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 projects.
B) Set up the domestic and international businesses as separate operating units.
C) Use data access security to separate what each customer can control.
D) Set up the domestic and international businesses as separate business units.
E) Set up the domestic and international businesses as separate cost centers.


5. On the Supply Lines Overview page, the deviations in supply type chart show a supply line status of exception.
What action must you take?

A) This indicates that supply line quantities are available but the quality is not up to the mark, so the quality issue must be resolved.
B) This indicates that supply line has an exception in manufacturing goods, so the supply line must be changed.
C) This indicates that supply line quantities are less than required, so additional quantities must be procured to meet the requirement.
D) This indicates that supply line quantities are not available, so inventory must be procured.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: C,D,E
Question # 3
Answer: C,D
Question # 4
Answer: D
Question # 5
Answer: C

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