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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and organizations apart from the received 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item validation for item A is still zero.
What is the reason?

A) Items are not consigned items but ownership is still with the supplier.
B) Items are consigned items and ownership lies with the supplier.
C) Items are not consigned items and ownership is with the organization.
D) Items are consigned and ownership is transferred to "owned".

2. Your customer wants to prevent customer shipments out of a specific subinventory. They are setting up a material status to control this.
Which transaction do they need to disallow?

A) Move Request Putaway
B) Ship Confirm
C) Sales Order Pick
D) Miscellaneous Issue
E) Sales Order Issue

3. You have a high value item that you want to audit on an unscheduled basis to deter pilfering.
Which two methods could you use to do this?

A) Manual Cycle Count
B) Blind Inventory Count
C) Automated Cycle Count
D) Based on Item Category
E) ABC Count

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

5. Your organization performs a restock via a transfer order between inventory organizations, using the following parameters for processing:
Transfer Type: In-transit transfer type Receipt Routing: Standard
Transfer Order Required: Yes
During the process, the receiving organization wants to make a change to the transfer order line. After which fulfillment stage will they no longer be able to change the transfer order?

A) Ship Confirm
B) Awaiting Receiving
C) Awaiting Fulfillment
D) Awaiting Billing
E) Closed

Solutions: