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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
1. You set up an item organization and an inventory organization as part of your customer's requirement.
Your customer has, by mistake, performed a receipt transaction in the item organization instead of the inventory organization. How wiil you rectify the error?
A) Perform a correct receipt transaction and receive the item in the correct organization.
B) Perform a return of item and receive the item again in the correct organization.
C) Perform a new receipt in the correct organization and retain the stock in item organization because it does not affect any other operation.
D) It is not possible to receive item in the item organization.
2. Your company has established inventory balances integration with 3PL system.
Which option cannot be achieved out of the box using this integration?
A) Compare and automatically report inventory mismatches.
B) Import inventory balance message in bulk.
C) Purge inventory balance message periodically.
D) Resolve processing exceptions.
3. Which execution document is created by supply chain orchestration when a make request is received?
A) Movement Request
B) Purchase Order
C) Work Order
D) Transfer Order
E) Routing Create
4. Your customer is managing a large sales team divided in two different geographies in the USA. They have the East Coast sales team and the Central sales team. Both teams are handled by one manager and perform the same function.
You customer wants to track the expenses of the two teams separately; however, they do not consider them different as they are handled by one manager only.
How will you fulfill the requirement?
A) It is not possible to fulfill the requirement.
B) Define them as a single department and two separate cost centers.
C) Define them as one department and one cost center.
D) Define them as two separate departments and a single cost center.
5. 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) Cost method can be defined granularity down to individual items.
C) Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
D) Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: B,C,D |
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