Oracle 1Z0-1073-23 : Oracle Inventory Cloud 2023 Implementation Professional

Exam Code: 1Z0-1073-23

Exam Name: Oracle Inventory Cloud 2023 Implementation Professional

Updated: Oct 05, 2026

Q & A: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

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

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

Question #1

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.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #2

What are the four steps for the move request process flow? (Choose four.)

  • A. Run pick slip allocation
  • B. Create shipment
  • C. Confirm pick slips
  • D. Run the Movement Request Pick Slip Report
  • E. Create Movement Request
  • F. Physically move the material
Reveal Solution  Discussion  0

Correct Answer: A,C,D,F  🗳️

Question #3

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_TRANSACTION_LOTS_INTERFACE
  • B. INV_TRANSACTIONS_INTERFACE
  • C. CST_I_INCOMING_TXN_COSTS
  • D. INV_SERIAL_NUMBERS_INTERFACE
  • E. INV_SUBINVENTORY_TRANSFER
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #4

You defined an Inventory Organization that is meant to track the contract manufacturing process outsourced to a supplier.
Where do you mention that this Inventory Organization is meant for one particular supplier?

  • A. Manage Subinventories
  • B. Manage Inventory Organization Locations
  • C. Manage Inventory Organizations
  • D. Manage Contract Manufacturing Relationships
  • E. Manage Item Organizations
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

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 7th September, 2020.
  • D. Consumption advice is created and the next closing date is set to 30th September, 2020.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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