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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Inventory Controls and Compliance | - Inventory controls, cycle counts, and auditing - Subinventory and locator management |
| Inventory Valuation and Costing | - Cost methods and valuation principles - Cost accounting integration |
| Inventory Management Fundamentals | - Inventory structure and organization setup - Item and warehouse configuration basics |
| Reporting and Integration | - Inventory reporting and analytics - Integration with Oracle SCM Cloud modules |
| Inventory Transactions and Execution | - Material movement and transaction processing rules - Receipts, issues, transfers, and adjustments |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
1. What are two outcomes when a lot expires on an item with lot control enabled?
A) It cannot be transacted.
B) It is not included in cycle counts.
C) It is issued out of stores.
D) It remains in inventory, but is not considered on-hand when the user is performing min-max or reorder point planning calculations.
E) It cannot be reserved for a date beyond the expiration date.
2. What are the two scenarios that allow you to update the lot control option for an item?
A) Item has zero on-hand quantity.
B) Item material status is Active.
C) No open internal order exists for the item.
D) No open sales order exists for the item.
3. A shipment has not yet been created for a pick that you are running.
How is the due date calculated?
A) schedule ship date from the order line
B) earliest acceptable date from the order line
C) request date from the order line
D) system date
E) promise date from the order line
4. You need to load on-hand balances for go live. Which template should be used for this?
A) InventoryTransactionImportTemplate.xlsm
B) InventoryBalanceImportTemplate.xlsm
C) InventoryOnHandBalanceTemplate.xlsm
D) InventoryReservationImportTemplate.xlsm
E) InventoryMiscellaneousTrxTemplate.xlsm
5. The physical inventory process is carried out for a particular inventory organization with the following parameters:
Negative Quantity Tolerance Percentage is set to 10%
Approval Type = 'Always'
The system says that there are 100 on hand, but you only counted 95. What will happen?
A) The setup is invalid; it will give an error message.
B) An approval will be required before posting.
C) Because the 95 is within the 10% tolerance, it will post without approval.
D) The system will ask a user to recount before posting.
Solutions:
| Question # 1 Answer: D,E | Question # 2 Answer: A,D | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: B |




