Oracle Inventory Cloud 2023 Implementation Professional : 1Z0-1073-23 Exam

  • Exam Code: 1Z0-1073-23
  • Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
  • Updated: Sep 30, 2026
  • Q & A: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionObjectives
Reporting and Integration- Inventory reporting and analytics
- Integration with Oracle SCM Cloud modules
Inventory Controls and Compliance- Subinventory and locator management
- Inventory controls, cycle counts, and auditing
Inventory Valuation and Costing- Cost accounting integration
- Cost methods and valuation principles
Inventory Transactions and Execution- Material movement and transaction processing rules
- Receipts, issues, transfers, and adjustments
Inventory Management Fundamentals- Inventory structure and organization setup
- Item and warehouse configuration basics

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

Question #1

Your organization is using min-max planning to replenish stock and the planning parameters are set at item organization level with a default subinventory:
Item: A, Min Qty: 25, Max Qty: 150 and Current Level: 20
The item above is purchased from a supplier. Although there is subinventory on hand, the subinventory is below the minimum required level. This should trigger a Min-Max report entry, but the requisition is not generated. Why?

  • A. Min-max planning can be performed at the Organization level.
  • B. No value has been set for the "Min-Max Replenishment Reorder Approval" profile.
  • C. Fixed lot multiplier is not set.
  • D. Item is not defined in Manage Item Subinventories.
  • E. Rounding the Reorder Quantity is disabled.
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Question #2

A shipment has not yet been created for a pick that you are running.
How is the due date calculated?

  • A. system date
  • B. request date from the order line
  • C. schedule ship date from the order line
  • D. earliest acceptable date from the order line
  • E. promise date from the order line
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

Which three statements about cost organization are correct? (Choose three.)

  • A. All inventory organizations of a cost organization need to within the same business unit.
  • B. Profit center business units can have only one cost organization.
  • C. A cost organization can have one or more inventory organizations.
  • D. Profit center business unit can have one or more inventory organizations.
Reveal Solution  Discussion  0

Correct Answer: A,B,D  🗳️

Question #4

Your customer has a complex financial reporting structure.
Which three elements should you define first in order to form a basis for this reporting?

  • A. Legal, Managerial, and Functional
  • B. Managerial, Operational, and Industry
  • C. Tax, Legal, and Industry
  • D. Legal, Autonomy, and Operational
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

Identify two statements that are true about the cost-organization relationship.
Response:

  • A. Should have chosen
  • B. The inventory organizations that are assigned to a cost organization must all belong to the same legal entity.
  • C. Costing Item Validation Organization is used to default the Unit of Measure for costing calculations.
  • D. Costing Item Validation Organization can only be item Master Organization of the underlying inventory organizations.
  • E. Only inventory organizations belonging to different item Master Organizations can be part of a cost organization.
Reveal Solution  Discussion  0

Correct Answer: A,C  🗳️

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