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Oracle 1Z0-1073-23 Exam Syllabus Topics:

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. You are currently implementing Oracle Cloud for the Singapore entity of your multinational customer. Their head office is located in Japan. Apart from Singapore, their other entities are using a legacy system.
Their requirement is to implement Oracle Cloud in such a way that at the end of the financial year, all their financial reporting should be in Japanese Yen.
How will you fulfill the above requirement?

A) Define two ledgers one in SGD (Singapore Dollars) and one in Japanese Yen and transfer data of all the subledgers in these two primary ledgers.
B) Define one primary ledger with SGD (Singapore Dollars) as primary currency and use the reporting currency functionality to provide the necessary data in Japanese Yen currency.
C) Define one primary ledger with Japanese Yen currency so that all the subledger data gets converted to Japanese Yen automatically.
D) This requirement cannot be fulfilled.

2. What are the four steps for the move request process flow? (Choose four.)

A) Confirm pick slips
B) Physically move the material
C) Create Movement Request
D) Run pick slip allocation
E) Run the Movement Request Pick Slip Report
F) Create shipment

3. 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) 20
B) 30
C) 25
D) 24

4. 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) Serialized Count
B) Zero Quantity Count
C) Manual Count
D) Blind Count
E) Cycle Count

5. While creating the consignment agreement, you have set the consumption advice frequency to "monthly" and the billing cycle close date to "31st August, 2020".
What will happen when you run the consumption advice process on 31st August, 2020?

A) Consumption advice is created and the next closing date is set to 30th October, 2020.
B) Consumption advice is created and the next closing date is set to 7th September, 2020.
C) Consumption advice is created and the next closing date is set to 30th September, 2020.
D) No consumption advice is created.

Solutions: