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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Inventory Controls and Compliance | - Subinventory and locator management - Inventory controls, cycle counts, and auditing |
| Inventory Valuation and Costing | - Cost methods and valuation principles - Cost accounting integration |
| Inventory Transactions and Execution | - Receipts, issues, transfers, and adjustments - Material movement and transaction processing rules |
| Inventory Management Fundamentals | - Item and warehouse configuration basics - Inventory structure and organization setup |
| Reporting and Integration | - Inventory reporting and analytics - Integration with Oracle SCM Cloud modules |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
1. Which two tasks must be defined to set up the Facilities Schedule?
A) Manage Facility Operations
B) Manage Facility Holidays
C) Manage Facility Time Cards
D) Manage Facility Workday Patterns
E) Manage Facility Shifts
2. Your customer decides to implement Cloud Procurement and Inventory. While discussing with your customer, you come to know that they have a business that spans across multiple locations and they have warehouses situated across USA and Canada.
1) All their procurement, payables, and distribution activities take place from USA.
2) They have a central warehouse in USA and after the goods are delivered to this warehouse, they are distributed across multiple additional warehouses. The warehouses are managed separately from the requisitioning units.
3) For requesting material they have two units. One located in USA that monitors the current stock. They are responsible for creating requisition for any material shortage in USA. They have another location in Canada for requesting material.
Which setup fulfills this scenario?
A) BU1: USA - as procurement and requisitioning Business Unit (BU) BU2: Canada - as requisitioning Business UnitDefine Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for Canada Requisitioning Business Unit
B) BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unitDefine Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit
C) BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for both Canada and USA requisitioning Business Units
D) BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unitDefine Service provider relationship where USA procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit
3. 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 operating units.
B) Set up the domestic and international businesses as separate cost centers.
C) Set up the domestic and international businesses as separate projects.
D) Set up the domestic and international businesses as separate business units.
E) Use data access security to separate what each customer can control.
4. Which three things are true about running the Min-Max Report? (Choose three.)
A) You can run the report or both Organizations and Subinventory Planning Levels simultaneously.
B) The Min-Max Replenishment ignores Item Processing Lead-time on Transfer orders.
C) You can run the report by item category.
D) The system calculates demand quantity by using information from existing sales orders, transfer orders, work orders and movement requests.
E) You can suppress replenishment movement request when the source subinventory has zero item on-hand quantity.
5. Which three statements are true regarding Managing Units of Measure? (Choose three.)
A) A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.
B) You must define Unit of measure class with a base unit of measure.
C) Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.
D) A unit of measure conversion is a mathematical relationship between two different units of measure.
E) If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must define conversions between the base units of measure in different UOM classes.
Solutions:
| Question # 1 Answer: D,E | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: B,C,E | Question # 5 Answer: A,B,D |
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