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

  • Exam Code: 1Z0-1073-23
  • Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
  • Updated: Aug 29, 2026
  • Q&As: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

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

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

Question 1

In Supply Chain Orchestration, Automated Change Management performs which two functions?

A. splitting of a sales order
B. change to item attributes
C. change to need by dates of a purchase order
D. changing the ship method on a sales order
E. changing the supplier on a purchase order


Question 2

Which three statements are true regarding Managing Units of Measure? (Choose three.)

A. A unit of measure conversion is a mathematical relationship between two different units of measure.
B. You must define Unit of measure class with a base unit of measure.
C. A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.
D. If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must define conversions between the base units of measure in different UOM classes.
E. Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.


Question 3

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 you transfer the ownership using the "create transfer to owned transaction" task.
B. You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
C. You received the goods today and after four days you return the material to the supplier.
D. You received the goods today and for the next one week you do not plan any action on the same.
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 decide to issue the goods after three days without transferring the ownership.


Question 4

What are two outcomes when a lot expires on an item with lot control enabled?

A. It is not included in cycle counts.
B. It cannot be reserved for a date beyond the expiration date.
C. It is issued out of stores.
D. It cannot be transacted.
E. It remains in inventory, but is not considered on-hand when the user is performing min-max or reorder point planning calculations.


Question 5

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. Warehouse, Subinventory, and Locators
C. Cost type, Default Cost Structure, and Item Organization
D. Cost Centers, Organizations, and Locations


Solutions:

Question 1
Answer: A,B
Question 2
Answer: A,B,C
Question 3
Answer: C,E,F
Question 4
Answer: B,E
Question 5
Answer: A

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