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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Your customer is setting up serial control. The requirement is that if item A has serial 123, then they do not want item B to also have serial 123 within the same inventory organization.
Which serial control setting must be used to meet this requirement?

A) Unique across Enterprise
B) Unique across organizations
C) Unique within Item and organization
D) Unique within organization
E) Unique within items

2. Supply Chain Financial Orchestration supports which three things? (Choose three.)

A) The user interface gives you the status of the orchestration transactions item serial numbers.
B) Resource transactions are interfaced directly from Manufacturing.
C) Separate physical movement from financial flow.
D) Infrastructure and framework to define the financial trade and physical flows independently.
E) Configuration to define cost-based, document-based support for third-party transfer pricing rules.

3. Your organization has lot controlled and non-lot controlled material and stores all defective material in a subinventory called "Defect." The organization does not want defective material to be available for reservations or for subsequent shipping to customers.
Which option satisfies this requirement?

A) Disallow all inventory transactions for the subinventory "Defect."
B) Put a hold on the lot.
C) Tag the lot as defective product.
D) Assign the subinventory a material status that disallows reservations and allows subinventory transfers and issues to scrap.

4. Identify the correct sequence of consigned inventory process flow.

A) Consumption advice sent to supplier - Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer
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) Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer - Consumption advice sent to supplier

5. Your customer is a very large organization spanning across multiple countries. Their legal requirements, Human Resource Policies, and Functional Currencies for Ledger are different for each country. Your customer wants to maintain 10 different companies in the system.
Which combination meets this requirement?

A) 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
B) 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger
C) 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
D) 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger

Solutions: