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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Inventory Controls and Compliance | - Subinventory and locator management - Inventory controls, cycle counts, and auditing |
| Topic 2: Inventory Valuation and Costing | - Cost methods and valuation principles - Cost accounting integration |
| Topic 3: Inventory Transactions and Execution | - Receipts, issues, transfers, and adjustments - Material movement and transaction processing rules |
| Topic 4: Inventory Management Fundamentals | - Item and warehouse configuration basics - Inventory structure and organization setup |
| Topic 5: Reporting and Integration | - Inventory reporting and analytics - Integration with Oracle SCM Cloud modules |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
Question 1
Your company has multiple inventory organizations where goods are transferred internally. A user has created a new organization but the new organization is unavailable when creating an interorganization transfer.
What is the missing setup?
A. The source and destination organization doesn,t belong to the same legal entity.
B. Inventory organization data access for users is not set up.
C. The destination organization transfer type is In Transit.
D. Interorganization Parameters are not set up between the organizations.
Question 2
You need to load on-hand balances for go live. Which template should be used for this?
A. InventoryMiscellaneousTrxTemplate.xlsm
B. InventoryBalanceImportTemplate.xlsm
C. InventoryOnHandBalanceTemplate.xlsm
D. InventoryReservationImportTemplate.xlsm
E. InventoryTransactionImportTemplate.xlsm
Question 3
Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and organizations apart from the received 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item validation for item A is still zero.
What is the reason?
A. Items are not consigned items and ownership is with the organization.
B. Items are not consigned items but ownership is still with the supplier.
C. Items are consigned items and ownership lies with the supplier.
D. Items are consigned and ownership is transferred to "owned".
Question 4
Your organization performs a restock via a transfer order between inventory organizations, using the following parameters for processing:
Transfer Type: In-transit transfer type Receipt Routing: Standard
Transfer Order Required: Yes
During the process, the receiving organization wants to make a change to the transfer order line. After which fulfillment stage will they no longer be able to change the transfer order?
A. Awaiting Billing
B. Closed
C. Ship Confirm
D. Awaiting Receiving
E. Awaiting Fulfillment
Question 5
Cost Accounting captures costed transactions that are picked up by the cost processor for all of the following but one - which is NOT, and picked up by the cost processor?
A. Shipping, receiving, and inventory transactions from manufacturing
B. Payable invoices are interfaced from Fusion Payables
C. Period close adjusting journal entries for payroll
D. Resource transactions are interfaced directly from Manufacturing
E. Invoices and revenue are interfaced from Fusion Receivables
Solutions:
| Question 1 Answer: B | Question 2 Answer: E | Question 3 Answer: C | Question 4 Answer: B | Question 5 Answer: D |
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