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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Your company has multiple inventory organizations where goods are transferred internally. A user has created a new organization but the new organization is unavailable when creating an interorganization transfer.
What is the missing setup?

A) Inventory organization data access for users is not set up.
B) The destination organization transfer type is In Transit.
C) The source and destination organization doesn,t belong to the same legal entity.
D) Interorganization Parameters are not set up between the organizations.

2. You need to load on-hand balances for go live. Which template should be used for this?

A) InventoryReservationImportTemplate.xlsm
B) InventoryTransactionImportTemplate.xlsm
C) InventoryMiscellaneousTrxTemplate.xlsm
D) InventoryBalanceImportTemplate.xlsm
E) InventoryOnHandBalanceTemplate.xlsm

3. An inventory transaction is imported to the system through an FBDI template.
Which transaction state denotes that an inventory transaction is created in the Oracle Cloud Inventory Management application?

A) Deferred
B) Created
C) New
D) Validated
E) Staged

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

5. Which two statements are true in regard to using the Enterprise Structures Configurator?

A) It creates the chart of accounts.
B) It recommends job and position structures.
C) It allows you to create your Enterprise, Business Units, and Warehouses in a single step.
D) The guided interview-based process helps you set up the enterprise with best practices.
E) You cannot modify the recommendation from the tool. You must do it after you perform the initial configuration.

Solutions: