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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

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

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

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

3. Your customer is a very large organization spanning across multiple countries. Their legal requirements, Human Resource Policies, and Functional Currencies for Ledger are different for each country. Your customer wants to maintain 10 different companies in the system.
Which combination meets this requirement?

A) 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger
B) 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
C) 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger
D) 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger

4. Identify three statements that are true about reservations in back-to-back processing.

A) Partial fulfillment of reservations is supported.
B) Reservations cannot be created for back-to-back On Hand supply orders.
C) One reservation is created for a demand and supply.
D) Changes to reservation in Oracle Logistics Cloud leads to exceptions, which are displayed in the Supply Chain Orchestration work area.
E) Reservation supplies that can be reserved are Purchase Orders, Transfer Orders, Work Orders, and On Hand inventory.

5. You have an organization that runs both its domestic and international business from the same offices. However, the organization does not want the domestic side of the business to be able to transact on the international side, even though they are selling the same material.
How do you configure your enterprise to meet this requirement?

A) Use data access security to separate what each customer can control.
B) Set up the domestic and international businesses as separate projects.
C) Set up the domestic and international businesses as separate cost centers.
D) Set up the domestic and international businesses as separate operating units.
E) Set up the domestic and international businesses as separate business units.

Solutions: