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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionWeightObjectives
Consigned Inventory from Suppliers10%- Create consumption advice
- Manage ownership transfers and returns
- Explain consignment inventory process flow
Implementing Enterprise Structures15%- Explain legal entities and their system roles
- Model managerial and functional structures
- Describe item and cost organizations
- Design enterprise fundamental structures
- Set up inventory organizations
Back-to-Back Fulfillment Process10%- Apply back-to-back process flow
- Resolve exceptions in back-to-back fulfillment
Inventory Replenishment10%- Configure and run min-max planning
- Set up PAR location replenishment
Integration and Orchestration10%- Use Supply Chain Orchestration
- Integrate with external systems via ADFDi and FBDI
Inventory Counting and Reconciliation10%- Perform physical inventory counts and adjustments
- Configure and execute cycle counting
Advanced Inventory Transactions15%- Process lot and serial number controlled items
- Set up and manage inventory reservations
- Check inventory balances and item availability
- Configure and use material status control
- Handle project-specific inventory transactions
Inventory Transactions20%- Perform receiving and putaway transactions
- Create subinventory transfers and miscellaneous transactions
- Execute picking and shipping operations
- Relate inventory transactions to manufacturing processes
- Process interorganization transactions
- Manage movement requests and transfer orders

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. You have a high value item that you want to audit on an unscheduled basis to deter pilfering.
Which two methods could you use to do this?

A) Manual Cycle Count
B) Based on Item Category
C) Automated Cycle Count
D) ABC Count
E) Blind Inventory Count


2. A third-party service equipment is used for various purposes in a manufacturing facility and needs to be overhauled once a year. This equipment is charged based on its consumption without a project dependency.
At this point, it should be transferred out to the vendor's warehouse for maintenance and then returned back in the future depending upon the requirement.
The material stock transfer should happen with an offline approval and with an account alias as a logical reference.
What is the ideal way to handle this process?

A) Transfer Order
B) Requisitions
C) Miscellaneous Transaction
D) Move Request
E) Subinventory Transfer


3. Which two statements are true in regard to using the Enterprise Structures Configurator?

A) It creates the chart of accounts.
B) You cannot modify the recommendation from the tool. You must do it after you perform the initial configuration.
C) The guided interview-based process helps you set up the enterprise with best practices.
D) It allows you to create your Enterprise, Business Units, and Warehouses in a single step.
E) It recommends job and position structures.


4. 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) Costing Item Validation Organization can only be item Master Organization of the underlying inventory organizations.
D) Should have chosen
E) The inventory organizations that are assigned to a cost organization must all belong to the same legal entity.


5. Which three statements about cost organization are correct? (Choose three.)

A) All inventory organizations of a cost organization need to within the same business unit.
B) A cost organization can have one or more inventory organizations.
C) Profit center business units can have only one cost organization.
D) Profit center business unit can have one or more inventory organizations.


Solutions:

Question # 1
Answer: B,E
Question # 2
Answer: C
Question # 3
Answer: C,D
Question # 4
Answer: A,D
Question # 5
Answer: A,C,D

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