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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
1. Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?
A) Expense destination transfers are expensed upon delivery hitting an expense account instead of an inventory asset account as would be the case for inventory destination transfers.
B) If the receipt is not required, Cost Accounting will pick up both the issue and receipt activity from the single inventory transaction "Transfer Order Issue".
C) If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there will not be a delivery transaction in inventory.
D) Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.
E) Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.
2. You have an organization that runs both its domestic and international business from the same offices. However, the organization does not want the domestic side of the business to be able to transact on the international side, even though they are selling the same material.
How do you configure your enterprise to meet this requirement?
A) Set up the domestic and international businesses as separate operating units.
B) Set up the domestic and international businesses as separate business units.
C) Use data access security to separate what each customer can control.
D) Set up the domestic and international businesses as separate projects.
E) Set up the domestic and international businesses as separate cost centers.
3. You defined an Inventory Organization that is meant to track the contract manufacturing process outsourced to a supplier.
Where do you mention that this Inventory Organization is meant for one particular supplier?
A) Manage Contract Manufacturing Relationships
B) Manage Subinventories
C) Manage Item Organizations
D) Manage Inventory Organization Locations
E) Manage Inventory Organizations
4. The physical inventory process is carried out for a particular inventory organization with the following parameters:
Negative Quantity Tolerance Percentage is set to 10%
Approval Type = 'Always'
The system says that there are 100 on hand, but you only counted 95. What will happen?
A) An approval will be required before posting.
B) The setup is invalid; it will give an error message.
C) Because the 95 is within the 10% tolerance, it will post without approval.
D) The system will ask a user to recount before posting.
5. Which three applications originate a buy request that is received by supply chain orchestration? (Choose three.)
A) Planning
B) Accounts Payable
C) Self Service Procurement
D) Inventory
E) Order Management
F) Purchasing
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: B,D,E |


