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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
1. Your customer is a very large organization spanning across multiple countries. Their legal requirements, Human Resource Policies, and Functional Currencies for Ledger are different for each country. Your customer wants to maintain 10 different companies in the system.
Which combination meets this requirement?
A) 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
B) 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
C) 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger
D) 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger
2. You need to load on-hand balances for go live. Which template should be used for this?
A) InventoryOnHandBalanceTemplate.xlsm
B) InventoryBalanceImportTemplate.xlsm
C) InventoryMiscellaneousTrxTemplate.xlsm
D) InventoryReservationImportTemplate.xlsm
E) InventoryTransactionImportTemplate.xlsm
3. 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 consigned and ownership is transferred to "owned".
B) Items are not consigned items but ownership is still with the supplier.
C) Items are not consigned items and ownership is with the organization.
D) Items are consigned items and ownership lies with the supplier.
4. Identify three statements that are true about reservations in back-to-back processing.
A) One reservation is created for a demand and supply.
B) Reservations cannot be created for back-to-back On Hand supply orders.
C) Partial fulfillment of reservations is supported.
D) Reservation supplies that can be reserved are Purchase Orders, Transfer Orders, Work Orders, and On Hand inventory.
E) Changes to reservation in Oracle Logistics Cloud leads to exceptions, which are displayed in the Supply Chain Orchestration work area.
5. A shipment has not yet been created for a pick that you are running.
How is the due date calculated?
A) request date from the order line
B) earliest acceptable date from the order line
C) promise date from the order line
D) schedule ship date from the order line
E) system date
Solutions:
Question # 1 Answer: C | Question # 2 Answer: E | Question # 3 Answer: D | Question # 4 Answer: A,B,E | Question # 5 Answer: D |