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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
1. You set up an item organization and an inventory organization as part of your customer's requirement.
Your customer has, by mistake, performed a receipt transaction in the item organization instead of the inventory organization. How wiil you rectify the error?
A) Perform a new receipt in the correct organization and retain the stock in item organization because it does not affect any other operation.
B) Perform a correct receipt transaction and receive the item in the correct organization.
C) Perform a return of item and receive the item again in the correct organization.
D) It is not possible to receive item in the item organization.
2. Identify three statements that are true about reservations in back-to-back processing.
A) One reservation is created for a demand and supply.
B) Partial fulfillment of reservations is supported.
C) Reservations cannot be created for back-to-back On Hand supply orders.
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.
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 legal entity and ledger
C) 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
D) 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
4. 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 Cost Plus Pricing
C) Manage Supply Chain Financial Orchestration Transfer Pricing Rules
D) Manage Interorganization Markup
E) Manage Organization Relationships
5. 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) Deferred
B) New
C) Validated
D) Created
E) Staged
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A,C,D | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: A |
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