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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Your are in the process of analyzing the demand and supply schedules for the item based on high level reservations.
Identify the reservation document type that would be applicable to both supply as well as demand.

A) Movement Request
B) Transfer Order
C) Account Alias
D) Work Order
E) On Hand
F) Requisition


2. 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) 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
C) 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
D) 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger


3. You face a supply request exception due to some reason. You realize that you need to make some changes to the Manage Supply Request Exceptions page.
Which action will you perform?

A) The supply request can be updated using a third-party application only.
B) Update the supply request and submit it. The errors will be resolved automatically.
C) The supply request cannot be updated. The only way is to resolve the error in the source application and resubmit the request.
D) Update the supply request and make sure errors are resolved before resubmitting it.


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 Interorganization Markup
B) Manage Organization Relationships
C) Manage Cost Plus Pricing
D) Manage Cost Organization Relationships
E) Manage Supply Chain Financial Orchestration Transfer Pricing Rules


5. 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.


Solutions:

Question # 1
Answer: F
Question # 2
Answer: D
Question # 3
Answer: C
Question # 4
Answer: D
Question # 5
Answer: D,E

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