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

2. Material is transferred between two subinventories within an organization via transfer order. The setup is complete and the transfer order is created through the FBDI process.
What is the primary interface data that needs to be completed in the template?

A) INV_TRANSACTION_LOTS_INTERFACE
B) CST_I_INCOMING_TXN_COSTS
C) INV_SERIAL_NUMBERS_INTERFACE
D) INV_SUBINVENTORY_TRANSFER
E) INV_TRANSACTIONS_INTERFACE

3. You have an organization that runs both its domestic and international business from the same offices. However, the organization does not want the domestic side of the business to be able to transact on the international side, even though they are selling the same material.
How do you configure your enterprise to meet this requirement?

A) Use data access security to separate what each customer can control.
B) Set up the domestic and international businesses as separate projects.
C) Set up the domestic and international businesses as separate cost centers.
D) Set up the domestic and international businesses as separate business units.
E) Set up the domestic and international businesses as separate operating units.

4. While performing the task "Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet Task", you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America.
What will be the functional currency of the ledger you are defining?

A) It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
B) It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.
C) The system will automatically pick "USD" as functional currency from the legal entity country.
D) The system will pick the first available currency from the List of Values.
E) The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.

5. Identify three statements that are true about reservations in back-to-back processing.

A) Reservation supplies that can be reserved are Purchase Orders, Transfer Orders, Work Orders, and On Hand inventory.
B) One reservation is created for a demand and supply.
C) Changes to reservation in Oracle Logistics Cloud leads to exceptions, which are displayed in the Supply Chain Orchestration work area.
D) Partial fulfillment of reservations is supported.
E) Reservations cannot be created for back-to-back On Hand supply orders.

Solutions: