Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Inventory Management Cloud
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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Back-to-Back Fulfillment Process | 10% | - Apply back-to-back process flow - Resolve exceptions in back-to-back fulfillment |
| Inventory Transactions | 20% | - Perform receiving and putaway transactions - Process interorganization transactions - Execute picking and shipping operations - Manage movement requests and transfer orders - Relate inventory transactions to manufacturing processes - Create subinventory transfers and miscellaneous transactions |
| Consigned Inventory from Suppliers | 10% | - Explain consignment inventory process flow - Manage ownership transfers and returns - Create consumption advice |
| Integration and Orchestration | 10% | - Use Supply Chain Orchestration - Integrate with external systems via ADFDi and FBDI |
| Inventory Replenishment | 10% | - Configure and run min-max planning - Set up PAR location replenishment |
| Implementing Enterprise Structures | 15% | - Design enterprise fundamental structures - Model managerial and functional structures - Set up inventory organizations - Explain legal entities and their system roles - Describe item and cost organizations |
| Inventory Counting and Reconciliation | 10% | - Perform physical inventory counts and adjustments - Configure and execute cycle counting |
| Advanced Inventory Transactions | 15% | - Check inventory balances and item availability - Set up and manage inventory reservations - Configure and use material status control - Handle project-specific inventory transactions - Process lot and serial number controlled items |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?
- A. Expense destination transfers are expensed upon delivery hitting an expense account instead of an inventory asset account as would be the case for inventory destination transfers.
- B. Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.
- C. If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there will not be a delivery transaction in inventory.
- D. If the receipt is not required, Cost Accounting will pick up both the issue and receipt activity from the single inventory transaction "Transfer Order Issue".
- E. Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.
Correct Answer: B 🗳️
Your client has just set up their chart of accounts. They are now designing the organization hierarchy in the system.
Which three structures should the customer use to do this?
- A. Cost type, Default Cost Structure, and Item Organization
- B. Divisions, Business Units, and Departments
- C. Warehouse, Subinventory, and Locators
- D. Cost Centers, Organizations, and Locations
Correct Answer: B 🗳️
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 not available, so inventory must be procured.
- 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 available but the quality is not up to the mark, so the quality issue must be resolved.
Correct Answer: C 🗳️
What are the four steps for the move request process flow? (Choose four.)
- A. Create shipment
- B. Create Movement Request
- C. Physically move the material
- D. Run pick slip allocation
- E. Run the Movement Request Pick Slip Report
- F. Confirm pick slips
Correct Answer: C,D,E,F 🗳️
Which two statements are true in regard to using the Enterprise Structures Configurator?
- A. It allows you to create your Enterprise, Business Units, and Warehouses in a single step.
- B. The guided interview-based process helps you set up the enterprise with best practices.
- C. You cannot modify the recommendation from the tool. You must do it after you perform the initial configuration.
- D. It recommends job and position structures.
- E. It creates the chart of accounts.
Correct Answer: A,B 🗳️
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