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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 |
| Real Exam Qty: | 78-85 |
| Exam Format: | Multiple Response, Multiple Choice |
| Passing Score: | 67% |
| Exam Duration: | 120 minutes |
| Related Certifications: | Oracle Inventory Management Cloud |
| Exam Price: | $245 USD |
| Certificate Validity Period: | Until product version retires |
| Available Languages: | English |
| 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: Advanced Inventory Transactions | 15% | - Process lot and serial number controlled items - Configure and use material status control - Handle project-specific inventory transactions - Check inventory balances and item availability - Set up and manage inventory reservations |
| Topic 2: Integration and Orchestration | 10% | - Use Supply Chain Orchestration - Integrate with external systems via ADFDi and FBDI |
| Topic 3: Implementing Enterprise Structures | 15% | - Explain legal entities and their system roles - Design enterprise fundamental structures - Describe item and cost organizations - Set up inventory organizations - Model managerial and functional structures |
| Topic 4: Consigned Inventory from Suppliers | 10% | - Explain consignment inventory process flow - Create consumption advice - Manage ownership transfers and returns |
| Topic 5: Back-to-Back Fulfillment Process | 10% | - Apply back-to-back process flow - Resolve exceptions in back-to-back fulfillment |
| Topic 6: Inventory Transactions | 20% | - Manage movement requests and transfer orders - Execute picking and shipping operations - Relate inventory transactions to manufacturing processes - Perform receiving and putaway transactions - Process interorganization transactions - Create subinventory transfers and miscellaneous transactions |
| Topic 7: Inventory Counting and Reconciliation | 10% | - Configure and execute cycle counting - Perform physical inventory counts and adjustments |
| Topic 8: Inventory Replenishment | 10% | - Set up PAR location replenishment - Configure and run min-max planning |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
Question 1
What are the two scenarios that allow you to update the lot control option for an item?
A. Item has zero on-hand quantity.
B. Item material status is Active.
C. No open sales order exists for the item.
D. No open internal order exists for the item.
Question 2
While negotiating the terms of the consignment agreement, the buyer and the supplier mutually agree to set the aging onset point as receipt and the aging period as five days. The terms also say that the consumption advice will be generated daily.
In which three scenarios will the goods be transferred from the supplier's ownership to buyer's ownership? (Choose three.)
A. You received the goods today and for the next one week you do not plan any action on the same.
B. You received the goods today and after four days you return the material to the supplier.
C. You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
D. You received the goods today and you decide to issue the goods after three days without transferring the ownership.
E. You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.
F. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
Question 3
Identify two statements that are true about the cost-organization relationship.
Response:
A. Only inventory organizations belonging to different item Master Organizations can be part of a cost organization.
B. Should have chosen
C. Costing Item Validation Organization is used to default the Unit of Measure for costing calculations.
D. Costing Item Validation Organization can only be item Master Organization of the underlying inventory organizations.
E. The inventory organizations that are assigned to a cost organization must all belong to the same legal entity.
Question 4
Which three types of jurisdictions should be considered while designing the Enterprise Structure? (Choose three.)
A. Identifying Jurisdiction
B. Income Tax Jurisdiction
C. Transaction Tax Jurisdiction
D. Labor Jurisdiction
E. Local Jurisdiction
F. Obligatory Jurisdiction
Question 5
Which two options constitute the rights and responsibilities of a Legal Entity?
A. Account for themselves to regulators, taxation authorities, and owners according to rules specified in therelevant legislation
B. Manage warehouses
C. Own property
D. Facilitate resource allocation
E. Create opportunities for new business
Solutions:
| Question 1 Answer: A,C | Question 2 Answer: B,D,E | Question 3 Answer: B,C | Question 4 Answer: C,E,F | Question 5 Answer: A,E |
By Matthew
