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Oracle 1Z0-1073-23 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Inventory Cloud 2023 Implementation Professional |
| Exam Number: | 1Z0-1073-23 |
| Related Certifications: | Oracle Inventory Management Cloud |
| Available Languages: | English |
| Real Exam Qty: | 78-85 |
| Passing Score: | 67% |
| Exam Duration: | 120 minutes |
| Exam Price: | $245 USD |
| Exam Format: | Multiple Choice, Multiple Response |
| Certificate Validity Period: | Until product version retires |
| Recommended Training: | Oracle Inventory Cloud Implementation Training |
| Exam Registration: | Pearson VUE Oracle University |
| Sample Questions: | Oracle 1Z0-1073-23 Sample Questions |
| Exam Way: | Online proctored or onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended hands-on experience with Oracle Inventory Cloud implementation |
| Official Syllabus URL: | https://education.oracle.com/1z0-1073-23-oracle-inventory-cloud-2023-implementation-professional/pexam_1Z0-1073-23 |
Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Inventory Replenishment | 10% | - Configure and run min-max planning - Set up PAR location replenishment |
| Topic 2: Consigned Inventory from Suppliers | 10% | - Create consumption advice - Manage ownership transfers and returns - Explain consignment inventory process flow |
| Topic 3: Implementing Enterprise Structures | 15% | - Model managerial and functional structures - Describe item and cost organizations - Design enterprise fundamental structures - Explain legal entities and their system roles - Set up inventory organizations |
| Topic 4: Integration and Orchestration | 10% | - Integrate with external systems via ADFDi and FBDI - Use Supply Chain Orchestration |
| Topic 5: Inventory Transactions | 20% | - Process interorganization transactions - Execute picking and shipping operations - Perform receiving and putaway transactions - Manage movement requests and transfer orders - Relate inventory transactions to manufacturing processes - Create subinventory transfers and miscellaneous transactions |
| Topic 6: Inventory Counting and Reconciliation | 10% | - Configure and execute cycle counting - Perform physical inventory counts and adjustments |
| Topic 7: Advanced Inventory Transactions | 15% | - Configure and use material status control - Process lot and serial number controlled items - Handle project-specific inventory transactions - Set up and manage inventory reservations - Check inventory balances and item availability |
| Topic 8: Back-to-Back Fulfillment Process | 10% | - Resolve exceptions in back-to-back fulfillment - Apply back-to-back process flow |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
1. A shipment has not yet been created for a pick that you are running.
How is the due date calculated?
A) schedule ship date from the order line
B) promise date from the order line
C) system date
D) earliest acceptable date from the order line
E) request date from the order line
2. 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) Automated Cycle Count
B) ABC Count
C) Based on Item Category
D) Manual Cycle Count
E) Blind Inventory Count
3. Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back.
What is the process of returning the material?
A) Return the material and create a debit memo for the supplier.
B) You have to cancel the invoice and send the material back without changing the ownership.
C) You cannot return consigned items that are invoiced and paid. Treat the material as scrap.
D) You have to transfer the ownership of item and perform the return transaction.
4. Which three statements about cost organization are correct? (Choose three.)
A) Profit center business units can have only one cost organization.
B) A cost organization can have one or more inventory organizations.
C) All inventory organizations of a cost organization need to within the same business unit.
D) Profit center business unit can have one or more inventory organizations.
5. Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)
A) Cost method can be defined granularity down to individual items.
B) Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
C) Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
D) Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C,E | Question # 3 Answer: C | Question # 4 Answer: A,C,D | Question # 5 Answer: A,B,C |
By Lester
