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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Which three statements about cost organization are correct? (Choose three.)

A) Profit center business units can have only one cost organization.
B) A cost organization can have one or more inventory organizations.
C) Profit center business unit can have one or more inventory organizations.
D) All inventory organizations of a cost organization need to within the same business unit.

2. Your company has established inventory balances integration with 3PL system.
Which option cannot be achieved out of the box using this integration?

A) Import inventory balance message in bulk.
B) Purge inventory balance message periodically.
C) Resolve processing exceptions.
D) Compare and automatically report inventory mismatches.

3. What three Key Performance Indicators are available in the Warehouse Operations Dashboard?

A) Cycle Count
B) Inventory Value
C) Hit or Miss Accuracy
D) Exact Matches Rate
E) Shipment Value
F) Distributed Value

4. 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) Pick release of movement request allocates common inventory prior to project specific inventory.
C) Picks with same project and task can be grouped to single pick slip.
D) Picks can be searched by project and task number.

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

Solutions: