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Oracle 1Z0-1073-23 Exam Syllabus Topics:

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Which three statements are true regarding PAR Location Management?

A) PAR location management replenishment are calculated at the organization level or subinventory level.
B) A receipt is required on interorganization expense destination transfer orders between the from and to organizations
C) If the stock level falls below the target on-hand quantity for the locator, inventory generates the appropriate replenishment document based on the item sourcing for the subinventory.
D) Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.
E) Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.

2. Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back.
What is the process of returning the material?

A) Return the material and create a debit memo for the supplier.
B) You cannot return consigned items that are invoiced and paid. Treat the material as scrap.
C) You have to transfer the ownership of item and perform the return transaction.
D) You have to cancel the invoice and send the material back without changing the ownership.

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

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

4. Which three statements are true regarding Managing Units of Measure? (Choose three.)

A) Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.
B) A unit of measure conversion is a mathematical relationship between two different units of measure.
C) A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.
D) If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must define conversions between the base units of measure in different UOM classes.
E) You must define Unit of measure class with a base unit of measure.

5. Identify the correct movement request where the move orders are preapproved requests for subinventory transfers that bring material from a source location to a shipment staging subinventory within the organization.

A) Shipping Movement Request
B) Movement Request Requisitions
C) Replenishment Movement Request
D) Pick Wave Movement Request
E) Automatic Movement Request Requisitions

Solutions: