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Oracle 1Z0-1073-23 Exam Syllabus Topics:

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. What are the two scenarios that allow you to update the lot control option for an item?

A) No open internal order exists for the item.
B) No open sales order exists for the item.
C) Item has zero on-hand quantity.
D) Item material status is Active.

2. 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) No consumption advice is created.
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) Consumption advice is created and the next closing date is set to 30th October, 2020.

3. Which execution document is created by supply chain orchestration when a make request is received?

A) Work Order
B) Routing Create
C) Purchase Order
D) Movement Request
E) Transfer Order

4. Cost Accounting captures costed transactions that are picked up by the cost processor for all of the following but one - which is NOT, and picked up by the cost processor?

A) Shipping, receiving, and inventory transactions from manufacturing
B) Payable invoices are interfaced from Fusion Payables
C) Resource transactions are interfaced directly from Manufacturing
D) Period close adjusting journal entries for payroll
E) Invoices and revenue are interfaced from Fusion Receivables

5. While performing the task "Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet Task", you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America.
What will be the functional currency of the ledger you are defining?

A) The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.
B) It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
C) The system will pick the first available currency from the List of Values.
D) The system will automatically pick "USD" as functional currency from the legal entity country.
E) It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.

Solutions: