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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. What are two outcomes when a lot expires on an item with lot control enabled?

A) It is issued out of stores.
B) It cannot be reserved for a date beyond the expiration date.
C) It is not included in cycle counts.
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 transacted.

2. Your customer has a complex financial reporting structure.
Which three elements should you define first in order to form a basis for this reporting?

A) Legal, Managerial, and Functional
B) Legal, Autonomy, and Operational
C) Tax, Legal, and Industry
D) Managerial, Operational, and Industry

3. 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_SUBINVENTORY_TRANSFER
B) INV_TRANSACTION_LOTS_INTERFACE
C) CST_I_INCOMING_TXN_COSTS
D) INV_SERIAL_NUMBERS_INTERFACE
E) INV_TRANSACTIONS_INTERFACE

4. Your client has not been managing Supply Request Exceptions on a regular basis.
What issue does this cause?

A) The request will be denied automatically if not resolved within two days.
B) Supply orders are not created for these exceptions, thus causing disruptions in the Supply Chain.
C) After the errors reach a set threshold in profile options, no new requests can be created.
D) If exceptions are not resolved within a set threshold days, it alerts the manager and continues to escalate up the Supply Request Exception Chain.
E) No issues would be caused; these are just warnings.

5. Your client has decided that Discrete Manufacturing will be implemented at a future stage, so any new supply from current manufacturing will be added to current inventory by the Open Transactions Interface. The immediate requirement is to go live with Inventory and Order Management.
Which two seeded transaction types can be omitted for material status control?

A) All Transaction Types Related to Work in Process
B) All Internal Transactions
C) Average Cost Update
D) Miscellaneous Issues and Receipts
E) Backflush Subinventory Transfer

Solutions: