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Oracle 1Z0-1073-23 Exam Syllabus Topics:

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Reorder quantities for an item subinventory are calculated using Fixed Lot Multiple and Round Order Quantity. Assume that the reorder quantity is 24 and you specify 10 for the fixed lot multiple and enable rounding the reorder quantity.
What will be the reorder quantity?

A) 24
B) 25
C) 30
D) 20

2. 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_TRANSACTIONS_INTERFACE
B) CST_I_INCOMING_TXN_COSTS
C) INV_SUBINVENTORY_TRANSFER
D) INV_TRANSACTION_LOTS_INTERFACE
E) INV_SERIAL_NUMBERS_INTERFACE

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 ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.
C) 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.
D) The system will pick the first available currency from the List of Values.
E) The system will automatically pick "USD" as functional currency from the legal entity country.

4. A user is performing a material return transaction against excess stock in an Inventory organization; however, the user fails to select the Physical Material Return Required check box.
What happens?

A) Shipment lines are created
B) A transfer order line remains open
C) Stock is reserved
D) It is considered as accounting-only return

5. Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)

A) Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
B) Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
C) Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
D) Cost method can be defined granularity down to individual items.

Solutions: