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

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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Identify two statements that are true about the cost-organization relationship.
Response:

A) Should have chosen
B) The inventory organizations that are assigned to a cost organization must all belong to the same legal entity.
C) Only inventory organizations belonging to different item Master Organizations can be part of a cost organization.
D) Costing Item Validation Organization can only be item Master Organization of the underlying inventory organizations.
E) Costing Item Validation Organization is used to default the Unit of Measure for costing calculations.

2. Which two tasks must be defined to set up the Facilities Schedule?

A) Manage Facility Time Cards
B) Manage Facility Shifts
C) Manage Facility Holidays
D) Manage Facility Workday Patterns
E) Manage Facility Operations

3. While negotiating the terms of the consignment agreement, the buyer and the supplier mutually agree to set the aging onset point as receipt and the aging period as five days. The terms also say that the consumption advice will be generated daily.
In which three scenarios will the goods be transferred from the supplier's ownership to buyer's ownership? (Choose three.)

A) You received the goods today and after four days you return the material to the supplier.
B) You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.
C) You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
D) You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
E) You received the goods today and you decide to issue the goods after three days without transferring the ownership.
F) You received the goods today and for the next one week you do not plan any action on the same.

4. 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) INV_SUBINVENTORY_TRANSFER
D) INV_SERIAL_NUMBERS_INTERFACE
E) CST_I_INCOMING_TXN_COSTS

5. You set up an item organization and an inventory organization as part of your customer's requirement.
Your customer has, by mistake, performed a receipt transaction in the item organization instead of the inventory organization. How wiil you rectify the error?

A) It is not possible to receive item in the item organization.
B) Perform a new receipt in the correct organization and retain the stock in item organization because it does not affect any other operation.
C) Perform a return of item and receive the item again in the correct organization.
D) Perform a correct receipt transaction and receive the item in the correct organization.

Solutions: