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Oracle Inventory Cloud 2023 Implementation Professional : 1Z0-1073-23 Exam
- Exam Code: 1Z0-1073-23
- Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
- Updated: Sep 15, 2026
- Q & A: 81 Questions and Answers
About Oracle Inventory Cloud 2023 Implementation Professional : 1Z0-1073-23 Exam Questions
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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Implementing Enterprise Structures | 15% | - Design enterprise fundamental structures - Describe item and cost organizations - Model managerial and functional structures - Set up inventory organizations - Explain legal entities and their system roles |
| Inventory Counting and Reconciliation | 10% | - Perform physical inventory counts and adjustments - Configure and execute cycle counting |
| Consigned Inventory from Suppliers | 10% | - Manage ownership transfers and returns - Explain consignment inventory process flow - Create consumption advice |
| Inventory Transactions | 20% | - Process interorganization transactions - Perform receiving and putaway transactions - Relate inventory transactions to manufacturing processes - Manage movement requests and transfer orders - Create subinventory transfers and miscellaneous transactions - Execute picking and shipping operations |
| Integration and Orchestration | 10% | - Integrate with external systems via ADFDi and FBDI - Use Supply Chain Orchestration |
| Advanced Inventory Transactions | 15% | - Configure and use material status control - Set up and manage inventory reservations - Process lot and serial number controlled items - Handle project-specific inventory transactions - Check inventory balances and item availability |
| Inventory Replenishment | 10% | - Configure and run min-max planning - Set up PAR location replenishment |
| Back-to-Back Fulfillment Process | 10% | - Resolve exceptions in back-to-back fulfillment - Apply back-to-back process flow |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
Question #1
Which three statements about project specific picking process are correct? (Choose three.)
- A. Picks with same project and task can be grouped to single pick slip.
- B. Shipment lines with project task can be created in shipping organization not enabled for projects.
- C. Picks can be searched by project and task number.
- D. Pick release of movement request allocates common inventory prior to project specific inventory.
Correct Answer: A,C,D 🗳️
Question #2
While negotiating the terms of the consignment agreement, the buyer and the supplier mutually agree to set the aging onset point as receipt and the aging period as five days. The terms also say that the consumption advice will be generated daily.
In which three scenarios will the goods be transferred from the supplier's ownership to buyer's ownership? (Choose three.)
- A. You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
- B. You received the goods today and after four days you return the material to the supplier.
- C. You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.
- D. You received the goods today and for the next one week you do not plan any action on the same.
- E. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
- F. You received the goods today and you decide to issue the goods after three days without transferring the ownership.
Correct Answer: B,C,F 🗳️
Question #3
What are the two scenarios that allow you to update the lot control option for an item?
- A. No open internal order exists for the item.
- B. Item has zero on-hand quantity.
- C. No open sales order exists for the item.
- D. Item material status is Active.
Correct Answer: B,C 🗳️
Question #4
Which execution document is created by supply chain orchestration when a make request is received?
- A. Routing Create
- B. Transfer Order
- C. Work Order
- D. Purchase Order
- E. Movement Request
Correct Answer: C 🗳️
Question #5
Which three statements about cost organization are correct? (Choose three.)
- A. All inventory organizations of a cost organization need to within the same business unit.
- B. Profit center business units can have only one cost organization.
- C. A cost organization can have one or more inventory organizations.
- D. Profit center business unit can have one or more inventory organizations.
Correct Answer: A,B,D 🗳️
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