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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back.
What is the process of returning the material?

A) Return the material and create a debit memo for the supplier.
B) You have to transfer the ownership of item and perform the return transaction.
C) You have to cancel the invoice and send the material back without changing the ownership.
D) You cannot return consigned items that are invoiced and paid. Treat the material as scrap.

2. Identify the availability type that is applicable for the item quantities maintained in a unit of measure different from the primary unit of measure and is available for various transactions.

A) On Hand
B) Secondary Available Quantity
C) Secondary On-hand Quantity
D) Available
E) Reserved

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

4. On the Supply Lines Overview page, the deviations in supply type chart show a supply line status of exception.
What action must you take?

A) This indicates that supply line quantities are not available, so inventory must be procured.
B) This indicates that supply line has an exception in manufacturing goods, so the supply line must be changed.
C) This indicates that supply line quantities are less than required, so additional quantities must be procured to meet the requirement.
D) This indicates that supply line quantities are available but the quality is not up to the mark, so the quality issue must be resolved.

5. For an Item to be enabled for back-to-back order process, which attribute do you need to set?

A) Item attribute: Allow purchase orders off of sales orders
B) Item attribute: Reservations Enabled
C) Organization attribute: Allow Back to Back Processing
D) Item attribute: Back-To-Back Enabled
E) Organization attribute: Allow Reservations

Solutions: