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

1Z0-1073-23
  • Exam Code: 1Z0-1073-23
  • Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
  • Updated: Sep 12, 2026
  • Q & A: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Back-to-Back Fulfillment Process10%- Resolve exceptions in back-to-back fulfillment
- Apply back-to-back process flow
Topic 2: Consigned Inventory from Suppliers10%- Manage ownership transfers and returns
- Explain consignment inventory process flow
- Create consumption advice
Topic 3: Integration and Orchestration10%- Integrate with external systems via ADFDi and FBDI
- Use Supply Chain Orchestration
Topic 4: Advanced Inventory Transactions15%- Handle project-specific inventory transactions
- Process lot and serial number controlled items
- Check inventory balances and item availability
- Set up and manage inventory reservations
- Configure and use material status control
Topic 5: Inventory Counting and Reconciliation10%- Perform physical inventory counts and adjustments
- Configure and execute cycle counting
Topic 6: Implementing Enterprise Structures15%- Design enterprise fundamental structures
- Set up inventory organizations
- Explain legal entities and their system roles
- Model managerial and functional structures
- Describe item and cost organizations
Topic 7: Inventory Transactions20%- Perform receiving and putaway transactions
- Create subinventory transfers and miscellaneous transactions
- Manage movement requests and transfer orders
- Process interorganization transactions
- Execute picking and shipping operations
- Relate inventory transactions to manufacturing processes
Topic 8: Inventory Replenishment10%- Set up PAR location replenishment
- Configure and run min-max planning

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

Question #1

A third-party service equipment is used for various purposes in a manufacturing facility and needs to be overhauled once a year. This equipment is charged based on its consumption without a project dependency.
At this point, it should be transferred out to the vendor's warehouse for maintenance and then returned back in the future depending upon the requirement.
The material stock transfer should happen with an offline approval and with an account alias as a logical reference.
What is the ideal way to handle this process?

  • A. Move Request
  • B. Requisitions
  • C. Transfer Order
  • D. Miscellaneous Transaction
  • E. Subinventory Transfer
Answer: D
Question #2

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

  • A. A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.
  • B. Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.
  • C. 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.
  • D. You must define Unit of measure class with a base unit of measure.
  • E. A unit of measure conversion is a mathematical relationship between two different units of measure.
Answer: A,D,E
Question #3

Material is transferred between two subinventories within an organization via transfer order. The setup is complete and the transfer order is created through the FBDI process.
What is the primary interface data that needs to be completed in the template?

  • A. INV_TRANSACTION_LOTS_INTERFACE
  • B. INV_SUBINVENTORY_TRANSFER
  • C. INV_TRANSACTIONS_INTERFACE
  • D. CST_I_INCOMING_TXN_COSTS
  • E. INV_SERIAL_NUMBERS_INTERFACE
Answer: C
Question #4

Which action invokes supply chain orchestration and transfer of data to supply chain orchestration interface tables?

  • A. running a scheduled process called "Create Transactions"
  • B. creating Purchase Order Receipt
  • C. creating a new Inventory Organization for execution of supply chain orchestration
  • D. running Min-Max Planning
Answer: D
Question #5

Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and organizations apart from the received 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item validation for item A is still zero.
What is the reason?

  • A. Items are not consigned items and ownership is with the organization.
  • B. Items are consigned items and ownership lies with the supplier.
  • C. Items are consigned and ownership is transferred to "owned".
  • D. Items are not consigned items but ownership is still with the supplier.
Answer: B

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