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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Inventory Transactions | 20% | - Relate inventory transactions to manufacturing processes - Perform receiving and putaway transactions - Manage movement requests and transfer orders - Process interorganization transactions - Execute picking and shipping operations - Create subinventory transfers and miscellaneous transactions |
| Topic 2: Inventory Counting and Reconciliation | 10% | - Perform physical inventory counts and adjustments - Configure and execute cycle counting |
| Topic 3: Inventory Replenishment | 10% | - Set up PAR location replenishment - Configure and run min-max planning |
| Topic 4: Advanced Inventory Transactions | 15% | - Check inventory balances and item availability - Handle project-specific inventory transactions - Process lot and serial number controlled items - Configure and use material status control - Set up and manage inventory reservations |
| Topic 5: Integration and Orchestration | 10% | - Use Supply Chain Orchestration - Integrate with external systems via ADFDi and FBDI |
| Topic 6: Implementing Enterprise Structures | 15% | - Explain legal entities and their system roles - Set up inventory organizations - Describe item and cost organizations - Model managerial and functional structures - Design enterprise fundamental structures |
| Topic 7: Consigned Inventory from Suppliers | 10% | - Manage ownership transfers and returns - Explain consignment inventory process flow - Create consumption advice |
| 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:
Identify the correct sequence of consigned inventory process flow.
- A. Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer - Consumption advice sent to supplier
- B. Consignment agreement creation - Consignment order sent to supplier - Consigned inventory received by buyer - Consumption advice sent to supplier
- C. Consignment order sent to supplier - Consignment agreement creation - Consumption advice sent to supplier - Consigned inventory received by buyer
- D. Consumption advice sent to supplier - Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer
Correct Answer: B 🗳️
A supply request has been received in supply chain orchestration. Both organizations belong to the same legal entity and they do not have a buy-sell relationship between them.
Which type of execution document can fulfill the supply request?
- A. Purchase Requisitions
- B. Transfer Order
- C. Purchase Order
- D. Sales Order
Correct Answer: C 🗳️
Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)
- A. Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
- B. Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
- C. Cost method can be defined granularity down to individual items.
- D. Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
Correct Answer: A,B,C 🗳️
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 transfer the ownership of item and perform the return transaction.
- C. You cannot return consigned items that are invoiced and paid. Treat the material as scrap.
- D. You have to cancel the invoice and send the material back without changing the ownership.
Correct Answer: C 🗳️
Identify the availability type that is applicable for the item quantities maintained in a unit of measure different from the primary unit of measure and is available for various transactions.
- A. Reserved
- B. Secondary Available Quantity
- C. Secondary On-hand Quantity
- D. On Hand
- E. Available
Correct Answer: C 🗳️
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