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Oracle 1Z0-1073-23 : Oracle Inventory Cloud 2023 Implementation Professional

1Z0-1073-23

Exam Code: 1Z0-1073-23

Exam Name: Oracle Inventory Cloud 2023 Implementation Professional

Updated: Sep 16, 2026

Q & A: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Creating Inventory Transactions- Inventory Transaction Processing
  • 1. Manage receipts and picking
  • 2. Create transfer orders
  • 3. Process interorganization transfers
Topic 2: Executing Back-to-Back Process- Back-to-Back Supply Flow
  • 1. Manage back-to-back orchestration
  • 2. Handle supply exceptions
Topic 3: Configuring Inventory Counts- Inventory Counting
  • 1. Manage physical inventory counts
  • 2. Configure cycle counting
Topic 4: Maintaining Inventory Replenishment- Inventory Replenishment
  • 1. Manage PAR locations
  • 2. Configure min-max planning
Topic 5: Integrating with External Systems- External Integration
  • 1. Use ADFDi integration
  • 2. Use FBDI integration
  • 3. Import inventory transactions and balances
Topic 6: Setting up Advanced Inventory Transactions- Advanced Inventory Features
  • 1. Review reservations and item availability
  • 2. Configure material status control
  • 3. Manage serial and lot controlled items
Topic 7: Understanding Consigned Inventory from a Supplier- Consigned Inventory Management
  • 1. Generate consumption advice
  • 2. Configure consignment agreements
  • 3. Manage ownership transfers
Topic 8: Implementing Supply Chain Orchestration- Supply Chain Orchestration
  • 1. Manage business flows
  • 2. Handle orchestration exceptions
Topic 9: Setting up Costing and Inventory- Costing Configuration
  • 1. Configure inventory costing
  • 2. Understand managerial and cost accounting
Topic 10: Implementing Enterprise Structures- Enterprise Structure Design
  • 1. Configure inventory organizations
  • 2. Configure item and cost organizations
  • 3. Define legal entities and business units

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. No open internal order exists for the item.
B. Item material status is Active.
C. No open sales order exists for the item.
D. Item has zero on-hand quantity.


Question #2
Which three values are applicable for the profile option - "Transaction Processing Mode" for subinventory transfer and interorganization transfer? (Choose three.)

A. Offline Processing
B. Blind Processing
C. Concurrent Processing
D. Online Processing
E. Background Processing
F. Sequential Processing


Question #3
Your customer has a complex financial reporting structure.
Which three elements should you define first in order to form a basis for this reporting?

A. Legal, Autonomy, and Operational
B. Tax, Legal, and Industry
C. Legal, Managerial, and Functional
D. Managerial, Operational, and Industry


Question #4
Your client wants the purchasers to be able to run the min-max plan for items under their control and then manage the POs created out of these.
Which parameters can they use to be able to do this?

A. Sort by
B. Planning Level
C. From Planner to Planner
D. From Item to Item
E. From Buyer to Buyer


Question #5
While performing the task "Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet Task", you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America.
What will be the functional currency of the ledger you are defining?

A. The system will pick the first available currency from the List of Values.
B. The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.
C. It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
D. The system will automatically pick "USD" as functional currency from the legal entity country.
E. It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.


Solutions:

Question #1
Correct Answer: C,D
Question #2
Correct Answer: A,B,F
Question #3
Correct Answer: A
Question #4
Correct Answer: B
Question #5
Correct Answer: D

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