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

1Z0-1073-23 real exams

Exam Code: 1Z0-1073-23

Exam Name: Oracle Inventory Cloud 2023 Implementation Professional

Updated: Sep 11, 2026

Q & A: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionObjectives
Understanding Consigned Inventory from a Supplier- Consigned Inventory Management
  • 1. Generate consumption advice
  • 2. Manage ownership transfers
  • 3. Configure consignment agreements
Executing Back-to-Back Process- Back-to-Back Supply Flow
  • 1. Manage back-to-back orchestration
  • 2. Handle supply exceptions
Configuring Inventory Counts- Inventory Counting
  • 1. Manage physical inventory counts
  • 2. Configure cycle counting
Implementing Supply Chain Orchestration- Supply Chain Orchestration
  • 1. Handle orchestration exceptions
  • 2. Manage business flows
Maintaining Inventory Replenishment- Inventory Replenishment
  • 1. Configure min-max planning
  • 2. Manage PAR locations
Implementing Enterprise Structures- Enterprise Structure Design
  • 1. Configure inventory organizations
  • 2. Configure item and cost organizations
  • 3. Define legal entities and business units
Setting up Advanced Inventory Transactions- Advanced Inventory Features
  • 1. Configure material status control
  • 2. Manage serial and lot controlled items
  • 3. Review reservations and item availability
Creating Inventory Transactions- Inventory Transaction Processing
  • 1. Create transfer orders
  • 2. Process interorganization transfers
  • 3. Manage receipts and picking
Setting up Costing and Inventory- Costing Configuration
  • 1. Understand managerial and cost accounting
  • 2. Configure inventory costing
Integrating with External Systems- External Integration
  • 1. Use FBDI integration
  • 2. Use ADFDi integration
  • 3. Import inventory transactions and balances

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

Question #1

You have an organization that runs both its domestic and international business from the same offices. However, the organization does not want the domestic side of the business to be able to transact on the international side, even though they are selling the same material.
How do you configure your enterprise to meet this requirement?

  • A. Set up the domestic and international businesses as separate cost centers.
  • B. Set up the domestic and international businesses as separate projects.
  • C. Set up the domestic and international businesses as separate operating units.
  • D. Use data access security to separate what each customer can control.
  • E. Set up the domestic and international businesses as separate business units.
Answer: E
Question #2

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 for the next one week you do not plan any action on the same.
  • B. You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
  • C. You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.
  • D. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
  • E. You received the goods today and after four days you return the material to the supplier.
  • F. You received the goods today and you decide to issue the goods after three days without transferring the ownership.
Answer: C,E,F
Question #3

In the Back-to-Back (B2B) Order to Cash flow, ordered items are purchased from a supplier. The Sourcing Rules have been defined for the item and the buy flow has been initiated. The sales order line is shown as Awaiting Shipping and the supply line status is "In Purchasing" with the supply order generated but the purchase requisition not generating.
What is the reason?

  • A. No Blanket Purchase Agreement (BPA) exists for this supplier - item combination.
  • B. ATP rule is not defined.
  • C. The sourcing rule is incorrect.
  • D. Work definition is missing for the item.
Answer: A
Question #4

You have a high value item that you want to audit on an unscheduled basis to deter pilfering.
Which two methods could you use to do this?

  • A. Based on Item Category
  • B. Blind Inventory Count
  • C. Automated Cycle Count
  • D. Manual Cycle Count
  • E. ABC Count
Answer: A,B
Question #5

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 quantities are less than required, so additional quantities must be procured to meet the requirement.
  • C. This indicates that supply line quantities are available but the quality is not up to the mark, so the quality issue must be resolved.
  • D. This indicates that supply line has an exception in manufacturing goods, so the supply line must be changed.
Answer: B

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