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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Integration | - Inventory reporting and analytics - Integration with Oracle SCM Cloud modules |
| Topic 2: Inventory Controls and Compliance | - Subinventory and locator management - Inventory controls, cycle counts, and auditing |
| Topic 3: Inventory Valuation and Costing | - Cost methods and valuation principles - Cost accounting integration |
| Topic 4: Inventory Management Fundamentals | - Item and warehouse configuration basics - Inventory structure and organization setup |
| Topic 5: Inventory Transactions and Execution | - Receipts, issues, transfers, and adjustments - Material movement and transaction processing rules |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
1. You are currently implementing Oracle Cloud for the Singapore entity of your multinational customer. Their head office is located in Japan. Apart from Singapore, their other entities are using a legacy system.
Their requirement is to implement Oracle Cloud in such a way that at the end of the financial year, all their financial reporting should be in Japanese Yen.
How will you fulfill the above requirement?
A) Define one primary ledger with Japanese Yen currency so that all the subledger data gets converted to Japanese Yen automatically.
B) This requirement cannot be fulfilled.
C) Define one primary ledger with SGD (Singapore Dollars) as primary currency and use the reporting currency functionality to provide the necessary data in Japanese Yen currency.
D) Define two ledgers one in SGD (Singapore Dollars) and one in Japanese Yen and transfer data of all the subledgers in these two primary ledgers.
2. Your customer wants to transfer material from facility A to facility B. They are using the interorganization transfer to perform the transaction in the system. Their requirement is "whenever material is transferred from their facility A to facility B, facility B needs to pay 5% additional amount to the current item cost." Which task must be set up to accomplish this requirement?
A) Manage Cost Organization Relationships
B) Manage Interorganization Markup
C) Manage Cost Plus Pricing
D) Manage Organization Relationships
E) Manage Supply Chain Financial Orchestration Transfer Pricing Rules
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. An inventory transaction is imported to the system through an FBDI template.
Which transaction state denotes that an inventory transaction is created in the Oracle Cloud Inventory Management application?
A) Validated
B) Created
C) Staged
D) New
E) Deferred
5. 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 30th September, 2020.
C) Consumption advice is created and the next closing date is set to 30th October, 2020.
D) Consumption advice is created and the next closing date is set to 7th September, 2020.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: E | Question # 5 Answer: B |
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