Free Oracle 1Z0-1073-23 Practice Test & Real Exam Questions

Exam Code/Number: 1Z0-1073-23
Exam Name/Title: Oracle Inventory Cloud 2023 Implementation Professional
Certification Provider: Oracle
Corresponding Certification: Inventory Management Cloud

Exam Questions: 81
Updated On: Sep 30, 2026

Question #19

Which three values are applicable for the profile option - "Transaction Processing Mode" for subinventory transfer and interorganization transfer? (Choose three.)

A. Blind Processing

B. Concurrent Processing

C. Online Processing

D. Sequential Processing

E. Background Processing

F. Offline Processing

Discussion 0

Correct Answer: A,D,F Vote an answer

Question #20

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. It is not possible to receive item in the item organization.

B. Perform a new receipt in the correct organization and retain the stock in item organization because it does not affect any other operation.

C. Perform a correct receipt transaction and receive the item in the correct organization.

D. Perform a return of item and receive the item again in the correct organization.

Discussion 0

Correct Answer: A Vote an answer

Question #21

A supply request has been received in supply chain orchestration. Both organizations belong to the same legal entity and they do not have a buy-sell relationship between them.
Which type of execution document can fulfill the supply request?

A. Purchase Requisitions

B. Sales Order

C. Purchase Order

D. Transfer Order

Discussion 0

Correct Answer: C Vote an answer

Question #22

A user is performing a material return transaction against excess stock in an Inventory organization; however, the user fails to select the Physical Material Return Required check box.
What happens?

A. A transfer order line remains open

B. Shipment lines are created

C. Stock is reserved

D. It is considered as accounting-only return

Discussion 0

Correct Answer: C Vote an answer

Question #23

Identify the correct sequence of consigned inventory process flow.

A. Consignment order sent to supplier - Consignment agreement creation - Consumption advice sent to supplier - Consigned inventory received by buyer

B. Consignment agreement creation - Consignment order sent to supplier - Consigned inventory received by buyer - Consumption advice sent to supplier

C. Consumption advice sent to supplier - Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer

D. Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer - Consumption advice sent to supplier

Discussion 0

Correct Answer: B Vote an answer

Question #24

Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?

A. Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.

B. Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.

C. Expense destination transfers are expensed upon delivery hitting an expense account instead of an inventory asset account as would be the case for inventory destination transfers.

D. If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there will not be a delivery transaction in inventory.

E. If the receipt is not required, Cost Accounting will pick up both the issue and receipt activity from the single inventory transaction "Transfer Order Issue".

Discussion 0

Correct Answer: A Vote an answer

Question #25

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

Discussion 0

Correct Answer: A Vote an answer

Question #26

Which attribute value allows usage of common inventory for project specific demand?

A. Allow use of common supplies : Null and Hard Pegging Level : Project Group

B. Allow use of common supplies : No and Hard Pegging Level : Project Group

C. Allow use of common supplies : Null and Hard Pegging Level : None

D. Allow use of common supplies : No and Hard Pegging Level : Project and Task

Discussion 0

Correct Answer: A Vote an answer

Question #27

Your customer has a requirement across their 10 warehouses, each with different users. They would like that whenever a warehouse user logs in, their default warehouse should get populated.
How will you achieve this?

A. Set the profile option INV_DEFAULT_WHSE_ID at site level.

B. Set the profile option INV_DEFAULT_ORG_ID at user level for each user.

C. Set the profile option INV_DEFAULT_WHSE_ID at user level for each user.

D. Set the profile option INV_DEFAULT_ORG_ID at role level for each role (different roles for different warehouses).

E. Set the profile option INV_DEFAULT_WHSE_ID at role level (different roles for different warehouses).

F. Set the profile option INV_DEFAULT_ORG_ID at site level.

Discussion 0

Correct Answer: E Vote an answer

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