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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionObjectives
Implementing Enterprise Structures- Enterprise Structure Design
  • 1. Configure inventory organizations
  • 2. Configure item and cost organizations
  • 3. Define legal entities and business units
Setting up Advanced Inventory Transactions- Advanced Inventory Features
  • 1. Review reservations and item availability
  • 2. Manage serial and lot controlled items
  • 3. Configure material status control
Maintaining Inventory Replenishment- Inventory Replenishment
  • 1. Configure min-max planning
  • 2. Manage PAR locations
Setting up Costing and Inventory- Costing Configuration
  • 1. Configure inventory costing
  • 2. Understand managerial and cost accounting
Integrating with External Systems- External Integration
  • 1. Use FBDI integration
  • 2. Use ADFDi integration
  • 3. Import inventory transactions and balances
Configuring Inventory Counts- Inventory Counting
  • 1. Configure cycle counting
  • 2. Manage physical inventory counts
Implementing Supply Chain Orchestration- Supply Chain Orchestration
  • 1. Handle orchestration exceptions
  • 2. Manage business flows
Creating Inventory Transactions- Inventory Transaction Processing
  • 1. Manage receipts and picking
  • 2. Process interorganization transfers
  • 3. Create transfer orders
Understanding Consigned Inventory from a Supplier- Consigned Inventory Management
  • 1. Configure consignment agreements
  • 2. Generate consumption advice
  • 3. Manage ownership transfers
Executing Back-to-Back Process- Back-to-Back Supply Flow
  • 1. Handle supply exceptions
  • 2. Manage back-to-back orchestration

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. You have set up min-max planning at the subinventory level with the following to source item AS12312 for Organization: M1:
Source Type: Organization
Organization: M1
What type of supply request will be generated?

A) None; this is an invalid setup
B) Movement request
C) Purchase Requisition
D) Internal Requisition
E) Intraorganization transfer order


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


3. Your customer wants to transfer material from facility A to facility B. They are using the interorganization transfer to perform the transaction in the system. Their requirement is "whenever material is transferred from their facility A to facility B, facility B needs to pay 5% additional amount to the current item cost." Which task must be set up to accomplish this requirement?

A) Manage Cost Plus Pricing
B) Manage Cost Organization Relationships
C) Manage Supply Chain Financial Orchestration Transfer Pricing Rules
D) Manage Organization Relationships
E) Manage Interorganization Markup


4. Which two options constitute the rights and responsibilities of a Legal Entity?

A) Manage warehouses
B) Create opportunities for new business
C) Facilitate resource allocation
D) Account for themselves to regulators, taxation authorities, and owners according to rules specified in therelevant legislation
E) Own property


5. Your customer wants you to restrict the values of Receivables Transaction Type for their three business units. You created three reference data sets for each business unit. However, the user is still able to see the values in the Transaction Type list of values which are not defined in the business unit data set.
What is the reason for this behavior?

A) Reference Data Sets cannot be used uniquely across business units. They can only be used at the Legal Entity level.
B) Receivables Transaction Types are common across business units.
C) The user has multiple Business Unit Roles and, therefore, is able to see additional values.
D) The user is seeing the values defined in the common set. The values should be removed from the common set.


Solutions:

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

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