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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Integration | - Inventory reporting and analytics - Integration with Oracle SCM Cloud modules |
| Inventory Valuation and Costing | - Cost accounting integration - Cost methods and valuation principles |
| Inventory Management Fundamentals | - Inventory structure and organization setup - Item and warehouse configuration basics |
| Inventory Controls and Compliance | - Subinventory and locator management - Inventory controls, cycle counts, and auditing |
| Inventory Transactions and Execution | - Receipts, issues, transfers, and adjustments - Material movement and transaction processing rules |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
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. Managerial, Operational, and Industry
- B. Legal, Managerial, and Functional
- C. Tax, Legal, and Industry
- D. Legal, Autonomy, and Operational
Correct Answer: D 🗳️
Identify the availability type that is applicable for the item quantities maintained in a unit of measure different from the primary unit of measure and is available for various transactions.
- A. Available
- B. Reserved
- C. Secondary On-hand Quantity
- D. Secondary Available Quantity
- E. On Hand
Correct Answer: C 🗳️
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.
Correct Answer: D 🗳️
Your organization is using min-max planning to replenish stock and the planning parameters are set at item organization level with a default subinventory:
Item: A, Min Qty: 25, Max Qty: 150 and Current Level: 20
The item above is purchased from a supplier. Although there is subinventory on hand, the subinventory is below the minimum required level. This should trigger a Min-Max report entry, but the requisition is not generated. Why?
- A. Fixed lot multiplier is not set.
- B. Min-max planning can be performed at the Organization level.
- C. No value has been set for the "Min-Max Replenishment Reorder Approval" profile.
- D. Rounding the Reorder Quantity is disabled.
- E. Item is not defined in Manage Item Subinventories.
Correct Answer: D 🗳️
Which two statements are true in regard to using the Enterprise Structures Configurator?
- A. You cannot modify the recommendation from the tool. You must do it after you perform the initial configuration.
- B. It allows you to create your Enterprise, Business Units, and Warehouses in a single step.
- C. It creates the chart of accounts.
- D. It recommends job and position structures.
- E. The guided interview-based process helps you set up the enterprise with best practices.
Correct Answer: B,E 🗳️
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