Oracle Inventory Cloud 2023 Implementation Professional : 1Z0-1073-23

1Z0-1073-23 real exams

Exam Code: 1Z0-1073-23

Exam Name: Oracle Inventory Cloud 2023 Implementation Professional

Updated: Aug 07, 2026

Q & A: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

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

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. A third-party service equipment is used for various purposes in a manufacturing facility and needs to be overhauled once a year. This equipment is charged based on its consumption without a project dependency.
At this point, it should be transferred out to the vendor's warehouse for maintenance and then returned back in the future depending upon the requirement.
The material stock transfer should happen with an offline approval and with an account alias as a logical reference.
What is the ideal way to handle this process?

A) Transfer Order
B) Subinventory Transfer
C) Requisitions
D) Miscellaneous Transaction
E) Move Request


2. Which attribute value allows usage of common inventory for project specific demand?

A) Allow use of common supplies : No and Hard Pegging Level : Project Group
B) Allow use of common supplies : Null and Hard Pegging Level : None
C) Allow use of common supplies : Null and Hard Pegging Level : Project Group
D) Allow use of common supplies : No and Hard Pegging Level : Project and Task


3. Reorder quantities for an item subinventory are calculated using Fixed Lot Multiple and Round Order Quantity. Assume that the reorder quantity is 24 and you specify 10 for the fixed lot multiple and enable rounding the reorder quantity.
What will be the reorder quantity?

A) 24
B) 25
C) 30
D) 20


4. Your organization is using min-max planning to replenish stock and the planning parameters are set at item organization level with a default subinventory:
Item: A, Min Qty: 25, Max Qty: 150 and Current Level: 20
The item above is purchased from a supplier. Although there is subinventory on hand, the subinventory is below the minimum required level. This should trigger a Min-Max report entry, but the requisition is not generated. Why?

A) Rounding the Reorder Quantity is disabled.
B) Min-max planning can be performed at the Organization level.
C) No value has been set for the "Min-Max Replenishment Reorder Approval" profile.
D) Fixed lot multiplier is not set.
E) Item is not defined in Manage Item Subinventories.


5. Your client has just set up their chart of accounts. They are now designing the organization hierarchy in the system.
Which three structures should the customer use to do this?

A) Warehouse, Subinventory, and Locators
B) Cost Centers, Organizations, and Locations
C) Divisions, Business Units, and Departments
D) Cost type, Default Cost Structure, and Item Organization


Solutions:

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

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