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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. 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 correct receipt transaction and receive the item in the correct organization.
C) Perform a new receipt in the correct organization and retain the stock in item organization because it does not affect any other operation.
D) Perform a return of item and receive the item again in the correct organization.


2. Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?

A) Expense destination transfers are expensed upon delivery hitting an expense account instead of an inventory asset account as would be the case for inventory destination transfers.
B) Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.
C) Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.
D) If the receipt is not required, Cost Accounting will pick up both the issue and receipt activity from the single inventory transaction "Transfer Order Issue".
E) If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there will not be a delivery transaction in inventory.


3. Your company has established inventory balances integration with 3PL system.
Which option cannot be achieved out of the box using this integration?

A) Compare and automatically report inventory mismatches.
B) Import inventory balance message in bulk.
C) Resolve processing exceptions.
D) Purge inventory balance message periodically.


4. 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) Move Request Putaway
C) Sales Order Issue
D) Ship Confirm
E) Sales Order Pick


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


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B
Question # 3
Answer: B
Question # 4
Answer: D
Question # 5
Answer: A

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