Oracle 1Z0-1073-23 : Oracle Inventory Cloud 2023 Implementation Professional
- Exam Code: 1Z0-1073-23
- Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
- Updated: Sep 30, 2026
- Q & A: 81 Questions and Answers
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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Inventory Replenishment | 10% | - Set up PAR location replenishment - Configure and run min-max planning |
| Topic 2: Integration and Orchestration | 10% | - Integrate with external systems via ADFDi and FBDI - Use Supply Chain Orchestration |
| Topic 3: Consigned Inventory from Suppliers | 10% | - Create consumption advice - Explain consignment inventory process flow - Manage ownership transfers and returns |
| Topic 4: Inventory Transactions | 20% | - Execute picking and shipping operations - Manage movement requests and transfer orders - Perform receiving and putaway transactions - Relate inventory transactions to manufacturing processes - Create subinventory transfers and miscellaneous transactions - Process interorganization transactions |
| Topic 5: Back-to-Back Fulfillment Process | 10% | - Apply back-to-back process flow - Resolve exceptions in back-to-back fulfillment |
| Topic 6: Inventory Counting and Reconciliation | 10% | - Perform physical inventory counts and adjustments - Configure and execute cycle counting |
| Topic 7: Implementing Enterprise Structures | 15% | - Model managerial and functional structures - Design enterprise fundamental structures - Set up inventory organizations - Explain legal entities and their system roles - Describe item and cost organizations |
| Topic 8: Advanced Inventory Transactions | 15% | - Check inventory balances and item availability - Set up and manage inventory reservations - Configure and use material status control - Process lot and serial number controlled items - Handle project-specific inventory transactions |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
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. 20
- B. 25
- C. 30
- D. 24
Correct Answer: D 🗳️
You set up an item organization and an inventory organization as part of your customer's requirement.
Your customer has, by mistake, performed a receipt transaction in the item organization instead of the inventory organization. How wiil you rectify the error?
- A. It is not possible to receive item in the item organization.
- B. Perform a new receipt in the correct organization and retain the stock in item organization because it does not affect any other operation.
- C. Perform a return of item and receive the item again in the correct organization.
- D. Perform a correct receipt transaction and receive the item in the correct organization.
Correct Answer: A 🗳️
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. The system will automatically pick "USD" as functional currency from the legal entity country.
- B. It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
- C. The system will pick the first available currency from the List of Values.
- D. 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.
- E. 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.
Correct Answer: A 🗳️
Which three statements about project specific picking process are correct? (Choose three.)
- A. Pick release of movement request allocates common inventory prior to project specific inventory.
- B. Picks with same project and task can be grouped to single pick slip.
- C. Picks can be searched by project and task number.
- D. Shipment lines with project task can be created in shipping organization not enabled for projects.
Correct Answer: A,B,C 🗳️
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. Miscellaneous Issue
- B. Sales Order Issue
- C. Sales Order Pick
- D. Move Request Putaway
- E. Ship Confirm
Correct Answer: E 🗳️
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