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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)

A) Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
B) Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
C) Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
D) Cost method can be defined granularity down to individual items.

2. Which three statements about project specific picking process are correct? (Choose three.)

A) Shipment lines with project task can be created in shipping organization not enabled for projects.
B) Picks can be searched by project and task number.
C) Picks with same project and task can be grouped to single pick slip.
D) Pick release of movement request allocates common inventory prior to project specific inventory.

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

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

4. Which three statements are true regarding PAR Location Management?

A) Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.
B) Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.
C) PAR location management replenishment are calculated at the organization level or subinventory level.
D) A receipt is required on interorganization expense destination transfer orders between the from and to organizations
E) If the stock level falls below the target on-hand quantity for the locator, inventory generates the appropriate replenishment document based on the item sourcing for the subinventory.

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) Warehouse, Subinventory, and Locators
B) Divisions, Business Units, and Departments
C) Cost Centers, Organizations, and Locations
D) Cost type, Default Cost Structure, and Item Organization

Solutions: