Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Reporting and Integration | - Inventory reporting and analytics - Integration with Oracle SCM Cloud modules |
| Inventory Valuation and Costing | - Cost methods and valuation principles - Cost accounting integration |
| Inventory Management Fundamentals | - Inventory structure and organization setup - Item and warehouse configuration basics |
| Inventory Controls and Compliance | - Subinventory and locator management - Inventory controls, cycle counts, and auditing |
| Inventory Transactions and Execution | - Receipts, issues, transfers, and adjustments - Material movement and transaction processing rules |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
Question #1
Your customer is managing a large sales team divided in two different geographies in the USA. They have the East Coast sales team and the Central sales team. Both teams are handled by one manager and perform the same function.
You customer wants to track the expenses of the two teams separately; however, they do not consider them different as they are handled by one manager only.
How will you fulfill the requirement?
A. It is not possible to fulfill the requirement.
B. Define them as one department and one cost center.
C. Define them as two separate departments and a single cost center.
D. Define them as a single department and two separate cost centers.
Question #2
Which two statements are true in regard to using the Enterprise Structures Configurator?
A. It allows you to create your Enterprise, Business Units, and Warehouses in a single step.
B. The guided interview-based process helps you set up the enterprise with best practices.
C. You cannot modify the recommendation from the tool. You must do it after you perform the initial configuration.
D. It creates the chart of accounts.
E. It recommends job and position structures.
Question #3
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 automatically pick "USD" as functional currency from the legal entity country.
D. 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.
E. 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.
Question #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. CST_I_INCOMING_TXN_COSTS
B. INV_TRANSACTIONS_INTERFACE
C. INV_SUBINVENTORY_TRANSFER
D. INV_TRANSACTION_LOTS_INTERFACE
E. INV_SERIAL_NUMBERS_INTERFACE
Question #5
Your client wants certain inventory items of high importance to be counted periodically to improve the average level of inventory accuracy.
What type of counting would you recommend?
A. Manual Count
B. Zero Quantity Count
C. Blind Count
D. Serialized Count
E. Cycle Count
Solutions:
| Question #1 Answer: D | Question #2 Answer: A,B | Question #3 Answer: C | Question #4 Answer: B | Question #5 Answer: E |














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