Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Inventory Management Cloud
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Updated: Sep 24, 2026
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Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Reporting and Integration | - Integration with Oracle SCM Cloud modules - Inventory reporting and analytics |
| Topic 2: Inventory Controls and Compliance | - Inventory controls, cycle counts, and auditing - Subinventory and locator management |
| Topic 3: Inventory Valuation and Costing | - Cost methods and valuation principles - Cost accounting integration |
| Topic 4: Inventory Transactions and Execution | - Material movement and transaction processing rules - Receipts, issues, transfers, and adjustments |
| Topic 5: Inventory Management Fundamentals | - Item and warehouse configuration basics - Inventory structure and organization setup |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
Which three statements are true regarding Managing Units of Measure? (Choose three.)
- A. You must define Unit of measure class with a base unit of measure.
- B. Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.
- C. A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.
- 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. A unit of measure conversion is a mathematical relationship between two different units of measure.
Correct Answer: A,C,E 🗳️
Material is transferred between two subinventories within an organization via transfer order. The setup is complete and the transfer order is created through the FBDI process.
What is the primary interface data that needs to be completed in the template?
- A. INV_SERIAL_NUMBERS_INTERFACE
- B. INV_TRANSACTIONS_INTERFACE
- C. INV_SUBINVENTORY_TRANSFER
- D. INV_TRANSACTION_LOTS_INTERFACE
- E. CST_I_INCOMING_TXN_COSTS
Correct Answer: B 🗳️
Your customer is setting up serial control. The requirement is that if item A has serial 123, then they do not want item B to also have serial 123 within the same inventory organization.
Which serial control setting must be used to meet this requirement?
- A. Unique within organization
- B. Unique within Item and organization
- C. Unique across Enterprise
- D. Unique within items
- E. Unique across organizations
Correct Answer: A 🗳️
What are the four steps for the move request process flow? (Choose four.)
- A. Create Movement Request
- B. Confirm pick slips
- C. Physically move the material
- D. Run the Movement Request Pick Slip Report
- E. Run pick slip allocation
- F. Create shipment
Correct Answer: B,C,D,E 🗳️
Your customer decides to implement Cloud Procurement and Inventory. While discussing with your customer, you come to know that they have a business that spans across multiple locations and they have warehouses situated across USA and Canada.
1) All their procurement, payables, and distribution activities take place from USA.
2) They have a central warehouse in USA and after the goods are delivered to this warehouse, they are distributed across multiple additional warehouses. The warehouses are managed separately from the requisitioning units.
3) For requesting material they have two units. One located in USA that monitors the current stock. They are responsible for creating requisition for any material shortage in USA. They have another location in Canada for requesting material.
Which setup fulfills this scenario?
- A. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unitDefine Service provider relationship where USA procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit
- B. BU1: USA - as procurement and requisitioning Business Unit (BU) BU2: Canada - as requisitioning Business UnitDefine Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for Canada Requisitioning Business Unit
- C. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unitDefine Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit
- D. BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for both Canada and USA requisitioning Business Units
Correct Answer: B 🗳️
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