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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. What are the two scenarios that allow you to update the lot control option for an item?

A) Item has zero on-hand quantity.
B) Item material status is Active.
C) No open internal order exists for the item.
D) No open sales order exists for the item.

2. You defined an Inventory Organization that is meant to track the contract manufacturing process outsourced to a supplier.
Where do you mention that this Inventory Organization is meant for one particular supplier?

A) Manage Contract Manufacturing Relationships
B) Manage Item Organizations
C) Manage Inventory Organization Locations
D) Manage Subinventories
E) Manage Inventory Organizations

3. 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 three days you transfer the ownership using the "create transfer to consigned transaction" task.
C) You received the goods today and you decide to issue the goods after three days without transferring the ownership.
D) You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned 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 transfer the ownership using the "create transfer to owned transaction" task.

4. Which action invokes supply chain orchestration and transfer of data to supply chain orchestration interface tables?

A) creating Purchase Order Receipt
B) running a scheduled process called "Create Transactions"
C) creating a new Inventory Organization for execution of supply chain orchestration
D) running Min-Max Planning

5. Which three applications originate a buy request that is received by supply chain orchestration? (Choose three.)

A) Purchasing
B) Inventory
C) Order Management
D) Self Service Procurement
E) Planning
F) Accounts Payable

Solutions: