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Oracle 1Z0-1073-23 Exam Syllabus Topics:

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

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)

A) Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
B) Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
C) Cost method can be defined granularity down to individual items.
D) Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.


2. A shipment has not yet been created for a pick that you are running.
How is the due date calculated?

A) earliest acceptable date from the order line
B) system date
C) schedule ship date from the order line
D) request date from the order line
E) promise date from the order line


3. For an Item to be enabled for back-to-back order process, which attribute do you need to set?

A) Item attribute: Reservations Enabled
B) Item attribute: Back-To-Back Enabled
C) Item attribute: Allow purchase orders off of sales orders
D) Organization attribute: Allow Reservations
E) Organization attribute: Allow Back to Back Processing


4. Which three statements are true regarding Managing Units of Measure? (Choose three.)

A) You must define Unit of measure class with a base unit of measure.
B) A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.
C) A unit of measure conversion is a mathematical relationship between two different units of measure.
D) Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.
E) If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must define conversions between the base units of measure in different UOM classes.


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


Solutions:

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

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