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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 13, 2026 Q&As: 81 Questions and Answers
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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Implementing Enterprise Structures | 15% | - Set up inventory organizations - Explain legal entities and their system roles - Describe item and cost organizations - Design enterprise fundamental structures - Model managerial and functional structures |
| Topic 2: Advanced Inventory Transactions | 15% | - Handle project-specific inventory transactions - Set up and manage inventory reservations - Process lot and serial number controlled items - Configure and use material status control - Check inventory balances and item availability |
| Topic 3: Inventory Counting and Reconciliation | 10% | - Perform physical inventory counts and adjustments - Configure and execute cycle counting |
| Topic 4: Inventory Replenishment | 10% | - Configure and run min-max planning - Set up PAR location replenishment |
| Topic 5: Back-to-Back Fulfillment Process | 10% | - Resolve exceptions in back-to-back fulfillment - Apply back-to-back process flow |
| Topic 6: Integration and Orchestration | 10% | - Integrate with external systems via ADFDi and FBDI - Use Supply Chain Orchestration |
| Topic 7: Inventory Transactions | 20% | - Manage movement requests and transfer orders - Create subinventory transfers and miscellaneous transactions - Process interorganization transactions - Relate inventory transactions to manufacturing processes - Execute picking and shipping operations - Perform receiving and putaway transactions |
| Topic 8: Consigned Inventory from Suppliers | 10% | - Manage ownership transfers and returns - Explain consignment inventory process flow - Create consumption advice |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
Question #1
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 Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.
- C. 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".
- D. 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.
- E. Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.
Correct Answer: E 🗳️
Question #2
Your customer has a requirement across their 10 warehouses, each with different users. They would like that whenever a warehouse user logs in, their default warehouse should get populated.
How will you achieve this?
- A. Set the profile option INV_DEFAULT_WHSE_ID at site level.
- B. Set the profile option INV_DEFAULT_ORG_ID at role level for each role (different roles for different warehouses).
- C. Set the profile option INV_DEFAULT_WHSE_ID at role level (different roles for different warehouses).
- D. Set the profile option INV_DEFAULT_ORG_ID at user level for each user.
- E. Set the profile option INV_DEFAULT_ORG_ID at site level.
- F. Set the profile option INV_DEFAULT_WHSE_ID at user level for each user.
Correct Answer: C 🗳️
Question #3
Which three statements about cost organization are correct? (Choose three.)
- A. Profit center business unit can have one or more inventory organizations.
- B. A cost organization can have one or more inventory organizations.
- C. Profit center business units can have only one cost organization.
- D. All inventory organizations of a cost organization need to within the same business unit.
Correct Answer: A,C,D 🗳️
Question #4
Which three things are true about running the Min-Max Report? (Choose three.)
- A. The Min-Max Replenishment ignores Item Processing Lead-time on Transfer orders.
- B. You can run the report by item category.
- C. You can run the report or both Organizations and Subinventory Planning Levels simultaneously.
- D. The system calculates demand quantity by using information from existing sales orders, transfer orders, work orders and movement requests.
- E. You can suppress replenishment movement request when the source subinventory has zero item on-hand quantity.
Correct Answer: A,B,E 🗳️
Question #5
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. Perform a return of item and receive the item again in the correct 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. It is not possible to receive item in the item organization.
Correct Answer: D 🗳️
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