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Oracle 1Z0-1073-23 Exam Syllabus Topics:

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

Question 1

A customer has one Business Unit, two Legal Entities, and each have eight warehouses (defined as Inventory Orgs). While trying to set up Cost Organizations for each of these Legal Entities, you were unable to perform the mandatory step of assigning the Profit Center Business Unit for one set of eight Inventory Organizations; however, you could do it for the other set.
What is the reason for this?

A. The General Ledger is not associated with Business Unit.
B. There is no Business Unit associated with the Legal Entity.
C. The Legal Entity Setup is incomplete.
D. There is no Inventory Validation Organization defined.
E. The Business Unit is not enabled for Costing.

Question 2

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

Question 3

What are two outcomes when a lot expires on an item with lot control enabled?

A. It cannot be transacted.
B. It cannot be reserved for a date beyond the expiration date.
C. It is issued out of stores.
D. It is not included in cycle counts.
E. It remains in inventory, but is not considered on-hand when the user is performing min-max or reorder point planning calculations.

Question 4

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

Question 5

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

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

Solutions:

Question 1
Answer: B

Question 2
Answer: C

Question 3
Answer: B,E

Question 4
Answer: D

Question 5
Answer: C,E