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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. You have a high value item that you want to audit on an unscheduled basis to deter pilfering.
Which two methods could you use to do this?

A) ABC Count
B) Blind Inventory Count
C) Manual Cycle Count
D) Based on Item Category
E) Automated Cycle Count

2. Your customer wants to transfer material from facility A to facility B. They are using the interorganization transfer to perform the transaction in the system. Their requirement is "whenever material is transferred from their facility A to facility B, facility B needs to pay 5% additional amount to the current item cost." Which task must be set up to accomplish this requirement?

A) Manage Organization Relationships
B) Manage Cost Plus Pricing
C) Manage Supply Chain Financial Orchestration Transfer Pricing Rules
D) Manage Cost Organization Relationships
E) Manage Interorganization Markup

3. Your client is about to define their primary ledger.
Which set of three primary attributes do they need to know in order to complete this?

A) Chart of Accounts, Accounting Calendar, and Currency
B) Currency, Description, and Accounting Method
C) Chart of Accounts, Description, and Accounting Method
D) Chart of Accounts, Ledger Balance, and Accounting Method

4. Your client has just set up their chart of accounts. They are now designing the organization hierarchy in the system.
Which three structures should the customer use to do this?

A) Divisions, Business Units, and Departments
B) Cost type, Default Cost Structure, and Item Organization
C) Cost Centers, Organizations, and Locations
D) Warehouse, Subinventory, and Locators

5. While creating the consignment agreement, you have set the consumption advice frequency to "monthly" and the billing cycle close date to "31st August, 2020".
What will happen when you run the consumption advice process on 31st August, 2020?

A) Consumption advice is created and the next closing date is set to 7th September, 2020.
B) No consumption advice is created.
C) Consumption advice is created and the next closing date is set to 30th October, 2020.
D) Consumption advice is created and the next closing date is set to 30th September, 2020.

Solutions: