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

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. The physical inventory process is carried out for a particular inventory organization with the following parameters:
Negative Quantity Tolerance Percentage is set to 10%
Approval Type = 'Always'
The system says that there are 100 on hand, but you only counted 95. What will happen?

A) The system will ask a user to recount before posting.
B) Because the 95 is within the 10% tolerance, it will post without approval.
C) An approval will be required before posting.
D) The setup is invalid; it will give an error message.

2. The Applications Development Framework Desktop Integration (ADFdi) user interface is supported in Oracle Fusion Receiving, Inventory Management, and Shipping products.
Identify four ADFdi user interfaces that are supported.

A) Review Receipts Interface
B) Manage Shipment Message Interface
C) Manage Lot/Serial Interface
D) Upload ASN or ASBN
E) Review Count Interface Records
F) Manage Inventory Transaction Correction in Spreadsheet

3. 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) 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger
B) 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
C) 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
D) 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger

4. 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 you decide to issue the goods after three days without transferring the ownership.
E) You received the goods today and for the next one week you do not plan any action on the same.
F) You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.

5. As part of implementing Oracle Cloud for your customer, you defined multiple Business Units. The customer wants you to define an Inventory Organization that is associated with all the business units and not just one particular business unit.
How do you achieve this?

A) It is not possible to define an Inventory Organization that is associated with more than one business unit.
B) Leave the Profit Center Business Unit field blank in the Inventory Organization definition.
C) Leave the Management Business Unit field blank in the Inventory Organization definition.
D) Define the Inventory Organization without associating it with any location.

Solutions: