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

1Z0-1073-23
  • 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
Maintaining Inventory Replenishment- Inventory Replenishment
  • 1. Manage PAR locations
  • 2. Configure min-max planning
Configuring Inventory Counts- Inventory Counting
  • 1. Manage physical inventory counts
  • 2. Configure cycle counting
Creating Inventory Transactions- Inventory Transaction Processing
  • 1. Create transfer orders
  • 2. Manage receipts and picking
  • 3. Process interorganization transfers
Executing Back-to-Back Process- Back-to-Back Supply Flow
  • 1. Manage back-to-back orchestration
  • 2. Handle supply exceptions
Setting up Costing and Inventory- Costing Configuration
  • 1. Understand managerial and cost accounting
  • 2. Configure inventory costing
Understanding Consigned Inventory from a Supplier- Consigned Inventory Management
  • 1. Manage ownership transfers
  • 2. Configure consignment agreements
  • 3. Generate consumption advice
Integrating with External Systems- External Integration
  • 1. Use FBDI integration
  • 2. Import inventory transactions and balances
  • 3. Use ADFDi integration
Implementing Supply Chain Orchestration- Supply Chain Orchestration
  • 1. Manage business flows
  • 2. Handle orchestration exceptions
Setting up Advanced Inventory Transactions- Advanced Inventory Features
  • 1. Manage serial and lot controlled items
  • 2. Configure material status control
  • 3. Review reservations and item availability
Implementing Enterprise Structures- Enterprise Structure Design
  • 1. Configure item and cost organizations
  • 2. Define legal entities and business units
  • 3. Configure inventory organizations

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

Question 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


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


Question 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


Question 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.


Question 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:

Question 1
Answer: C,E
Question 2
Answer: E
Question 3
Answer: C
Question 4
Answer: B,C,D
Question 5
Answer: E

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