Oracle 1Z1-1023 : Oracle Inventory Cloud 2018 Implementation Essentials

1Z1-1023 real exams

Exam Code: 1Z1-1023

Exam Name: Oracle Inventory Cloud 2018 Implementation Essentials

Updated: Nov 01, 2026

Q & A: 76 Questions and Answers

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Oracle 1Z1-1023 Exam Syllabus Topics:

SectionObjectives
Topic 1: Inventory Organizations & Transactions- Inventory organization setup and subinventory management
- Transactions: transfers, issues, returns, movement requests
Topic 2: Enterprise Structure & Setup- Configure reference data sets and enterprise configuration
- Define enterprise structure (Business units, Legal entities, Ledgers)
Topic 3: Integration & Data Loading- Import on-hand balances and transactions via ADF Desktop Integration/FBDI
- Integration with other Oracle Cloud SCM modules
Topic 4: Inventory Controls & On-Hand Balances- Cycle counting and physical inventory
- Item availability types and lot/serial control
Topic 5: Supply Chain Orchestration & Replenishment- Min-Max planning and supply planning processes
- Supply request exceptions and orchestration flows

Everything Candidates Ask About Oracle Inventory Cloud 2018 Implementation Essentials

The 1Z1-1023 exam, officially titled Oracle Inventory Cloud 2018 Implementation Essentials, is the qualifying exam for the Oracle Inventory Management Cloud certification, which sits at the Associate level. Earning it shows employers that you have the skills the credential stands for, and it is a solid step forward on a Oracle career path. It also connects to Oracle Inventory Cloud 2024 Implementation Professional, Other Oracle SCM Cloud Certifications (e.g., Procurement, Cost Management), so the effort you put in now keeps paying off as you advance.

The 1Z1-1023 exam gives you 75–80 questions to complete within 120 minutes. Do the math before exam day: divide the total time by the question count to set a steady per-question pace, and flag any item that stalls you so you can return to it after securing the easier points. The most reliable way to build that rhythm is a full timed practice test under the same limit, which is exactly what PassTorrent's test engines are designed for.

The passing score for Oracle Inventory Cloud 2018 Implementation Essentials is 800 (on 1000 scale), and the official registration fee is 245 USD (Oracle standard exam fee). Keep in mind that a retake means paying that fee again in full, which makes an honest self-check worthwhile: before you book, sit a timed practice test and make sure you are consistently scoring above the passing line with some margin to spare.

According to the official requirements: Oracle recommends basic knowledge of Cloud SCM concepts and prior hands-on experience with Inventory Cloud components.. Eligibility rules do change from time to time, so confirm the current details on the official exam page before you register.

Yes — PassTorrent offers a free PDF demo of the Oracle Inventory Cloud 2018 Implementation Essentials material, so you can review the question style and answer quality before you spend anything. After purchase, you also receive 365 days of free updates, and if your product expires you can extend the update service at a 50% discount from your member zone.

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The current Oracle Inventory Cloud 2018 Implementation Essentials syllabus is organized into 5 exam domains. The first three are:

  • Inventory Controls & On-Hand Balances
  • Supply Chain Orchestration & Replenishment
  • Inventory Organizations & Transactions

For the full domain and subtopic breakdown, see the Exam Topics section above — that is the outline your PassTorrent practice questions are mapped to.

Oracle Inventory Cloud 2018 Implementation Essentials Sample Questions:

Question #1

Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back.
What is the process of returning the material?

  • A. Return the material and create a debit memo for the supplier.
  • B. You cannot return consigned items that are invoiced and paid. Treat the material as scrap.
  • C. You have to cancel the invoice and send the material back without changing the ownership.
  • D. You have to transfer the ownership of item and perform the return transaction.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

Identify the correct movement request where the move orders are preapproved requests for subinventory transfers that bring material from a source location to a shipment staging subinventory within the organization.

  • A. Movement Request Requisitions
  • B. Shipping Movement Request
  • C. Replenishment Movement Request
  • D. Automatic Movement Request Requisitions
  • E. Pick Wave Movement Request
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Question #3

You set up an item organization and 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 will 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. It is not possible to receive item in the item organization.
  • D. Perform a new receipt in the correct organization and retain the stock in the item organization because it does not affect any other operation.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #4

Your customer has defined three business units: two of them require the same set of receivables payment terms whereas the third needs a separate set of receivables payment terms.
How will you achieve this requirement?

  • A. Define one data set with common payment terms and exclude the payment terms feature from the third business unit.
  • B. Define three reference data sets and assign each data set to each business unit.
  • C. Define one reference data set and modify the business unit security.
  • D. Define two reference data sets, assign the first set to the two business units which will share the same payment terms and second set to the business unit which needs separate payment terms.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

Your client has decided that Discrete Manufacturing will be implemented at a future stage, so any new supply from current manufacturing will be added to current inventory by the Open Transactions Interface. The immediate requirement is to go live with Inventory and Order Management.
Which two seeded transaction types can be omitted for material status control?

  • A. All Internal Transactions
  • B. Miscellaneous Issues and Receipts
  • C. Average Cost Update
  • D. All Transaction Types Related to Work in Process
  • E. Backflush Subinventory Transfer
Reveal Solution  Discussion  0

Correct Answer: D,E  🗳️

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