Oracle 1Z0-1073-23 : Oracle Inventory Cloud 2023 Implementation Professional

1Z0-1073-23 real exams

Exam Code: 1Z0-1073-23

Exam Name: Oracle Inventory Cloud 2023 Implementation Professional

Updated: Sep 03, 2026

Q & A: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Configuring Inventory Counts- Inventory Counting
  • 1. Configure cycle counting
  • 2. Manage physical inventory counts
Topic 2: Integrating with External Systems- External Integration
  • 1. Use ADFDi integration
  • 2. Use FBDI integration
  • 3. Import inventory transactions and balances
Topic 3: Implementing Enterprise Structures- Enterprise Structure Design
  • 1. Configure inventory organizations
  • 2. Define legal entities and business units
  • 3. Configure item and cost organizations
Topic 4: Maintaining Inventory Replenishment- Inventory Replenishment
  • 1. Configure min-max planning
  • 2. Manage PAR locations
Topic 5: Creating Inventory Transactions- Inventory Transaction Processing
  • 1. Manage receipts and picking
  • 2. Create transfer orders
  • 3. Process interorganization transfers
Topic 6: Setting up Costing and Inventory- Costing Configuration
  • 1. Configure inventory costing
  • 2. Understand managerial and cost accounting
Topic 7: Implementing Supply Chain Orchestration- Supply Chain Orchestration
  • 1. Handle orchestration exceptions
  • 2. Manage business flows
Topic 8: Understanding Consigned Inventory from a Supplier- Consigned Inventory Management
  • 1. Manage ownership transfers
  • 2. Generate consumption advice
  • 3. Configure consignment agreements
Topic 9: 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
Topic 10: 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

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

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


Question 2

Your are in the process of analyzing the demand and supply schedules for the item based on high level reservations.
Identify the reservation document type that would be applicable to both supply as well as demand.

A. Requisition
B. Transfer Order
C. Work Order
D. On Hand
E. Movement Request
F. Account Alias


Question 3

Which three statements about project specific picking process are correct? (Choose three.)

A. Picks with same project and task can be grouped to single pick slip.
B. Pick release of movement request allocates common inventory prior to project specific inventory.
C. Picks can be searched by project and task number.
D. Shipment lines with project task can be created in shipping organization not enabled for projects.


Question 4

Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and organizations apart from the received 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item validation for item A is still zero.
What is the reason?

A. Items are consigned items and ownership lies with the supplier.
B. Items are not consigned items but ownership is still with the supplier.
C. Items are not consigned items and ownership is with the organization.
D. Items are consigned and ownership is transferred to "owned".


Question 5

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


Solutions:

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

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