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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Inventory Valuation and Costing | - Cost accounting integration - Cost methods and valuation principles |
| Inventory Transactions and Execution | - Receipts, issues, transfers, and adjustments - Material movement and transaction processing rules |
| Reporting and Integration | - Integration with Oracle SCM Cloud modules - Inventory reporting and analytics |
| Inventory Management Fundamentals | - Item and warehouse configuration basics - Inventory structure and organization setup |
| Inventory Controls and Compliance | - Subinventory and locator management - Inventory controls, cycle counts, and auditing |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
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. It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
- B. The system will pick the first available currency from the List of Values.
- C. 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.
- D. 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.
- E. The system will automatically pick "USD" as functional currency from the legal entity country.
Correct Answer: E 🗳️
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. CST_I_INCOMING_TXN_COSTS
- C. INV_TRANSACTIONS_INTERFACE
- D. INV_SUBINVENTORY_TRANSFER
- E. INV_SERIAL_NUMBERS_INTERFACE
Correct Answer: C 🗳️
Your company has multiple inventory organizations where goods are transferred internally. A user has created a new organization but the new organization is unavailable when creating an interorganization transfer.
What is the missing setup?
- A. The destination organization transfer type is In Transit.
- B. Interorganization Parameters are not set up between the organizations.
- C. The source and destination organization doesn,t belong to the same legal entity.
- D. Inventory organization data access for users is not set up.
Correct Answer: D 🗳️
Your customer is a very large organization spanning across multiple countries. Their legal requirements, Human Resource Policies, and Functional Currencies for Ledger are different for each country. Your customer wants to maintain 10 different companies in the system.
Which combination meets this requirement?
- A. 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
- B. 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger
- C. 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
- D. 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger
Correct Answer: B 🗳️
Supply Chain Financial Orchestration supports which three things? (Choose three.)
- A. Resource transactions are interfaced directly from Manufacturing.
- B. Separate physical movement from financial flow.
- C. Configuration to define cost-based, document-based support for third-party transfer pricing rules.
- D. The user interface gives you the status of the orchestration transactions item serial numbers.
- E. Infrastructure and framework to define the financial trade and physical flows independently.
Correct Answer: B,C,E 🗳️
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