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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Inventory Controls and Compliance- Subinventory and locator management
- Inventory controls, cycle counts, and auditing
Topic 2: Inventory Transactions and Execution- Receipts, issues, transfers, and adjustments
- Material movement and transaction processing rules
Topic 3: Reporting and Integration- Integration with Oracle SCM Cloud modules
- Inventory reporting and analytics
Topic 4: Inventory Management Fundamentals- Item and warehouse configuration basics
- Inventory structure and organization setup
Topic 5: Inventory Valuation and Costing- Cost methods and valuation principles
- Cost accounting integration

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. You have set up min-max planning at the subinventory level with the following to source item AS12312 for Organization: M1:
Source Type: Organization
Organization: M1
What type of supply request will be generated?

A) Internal Requisition
B) Purchase Requisition
C) Intraorganization transfer order
D) Movement request
E) None; this is an invalid setup


2. While performing the task "Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet Task", you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America.
What will be the functional currency of the ledger you are defining?

A) The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.
B) The system will pick the first available currency from the List of Values.
C) It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.
D) The system will automatically pick "USD" as functional currency from the legal entity country.
E) It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.


3. 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) Resource transactions are interfaced directly from Manufacturing
B) Shipping, receiving, and inventory transactions from manufacturing
C) Period close adjusting journal entries for payroll
D) Invoices and revenue are interfaced from Fusion Receivables
E) Payable invoices are interfaced from Fusion Payables


4. Your customer wants to transfer material from facility A to facility B. They are using the interorganization transfer to perform the transaction in the system. Their requirement is "whenever material is transferred from their facility A to facility B, facility B needs to pay 5% additional amount to the current item cost." Which task must be set up to accomplish this requirement?

A) Manage Supply Chain Financial Orchestration Transfer Pricing Rules
B) Manage Cost Plus Pricing
C) Manage Interorganization Markup
D) Manage Cost Organization Relationships
E) Manage Organization Relationships


5. Your customer has a requirement across their 10 warehouses, each with different users. They would like that whenever a warehouse user logs in, their default warehouse should get populated.
How will you achieve this?

A) Set the profile option INV_DEFAULT_WHSE_ID at user level for each user.
B) Set the profile option INV_DEFAULT_ORG_ID at role level for each role (different roles for different warehouses).
C) Set the profile option INV_DEFAULT_ORG_ID at site level.
D) Set the profile option INV_DEFAULT_ORG_ID at user level for each user.
E) Set the profile option INV_DEFAULT_WHSE_ID at site level.
F) Set the profile option INV_DEFAULT_WHSE_ID at role level (different roles for different warehouses).


Solutions:

Question # 1
Answer: D
Question # 2
Answer: D
Question # 3
Answer: A
Question # 4
Answer: D
Question # 5
Answer: F

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