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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
1. Your company has established inventory balances integration with 3PL system.
Which option cannot be achieved out of the box using this integration?
A) Import inventory balance message in bulk.
B) Resolve processing exceptions.
C) Compare and automatically report inventory mismatches.
D) Purge inventory balance message periodically.
2. Which attribute value allows usage of common inventory for project specific demand?
A) Allow use of common supplies : No and Hard Pegging Level : Project Group
B) Allow use of common supplies : No and Hard Pegging Level : Project and Task
C) Allow use of common supplies : Null and Hard Pegging Level : None
D) Allow use of common supplies : Null and Hard Pegging Level : Project Group
3. 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 Inventory Organizations
C) Manage Item Organizations
D) Manage Subinventories
E) Manage Inventory Organization Locations
4. Your client wants certain inventory items of high importance to be counted periodically to improve the average level of inventory accuracy.
What type of counting would you recommend?
A) Manual Count
B) Blind Count
C) Serialized Count
D) Cycle Count
E) Zero Quantity Count
5. While performing the task "Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet Task", you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America.
What will be the functional currency of the ledger you are defining?
A) It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.
B) The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.
C) The system will pick the first available currency from the List of Values.
D) The system will automatically pick "USD" as functional currency from the legal entity country.
E) It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: D |


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