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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Your company has multiple inventory organizations where goods are transferred internally. A user has created a new organization but the new organization is unavailable when creating an interorganization transfer.
What is the missing setup?

A) Interorganization Parameters are not set up between the organizations.
B) The source and destination organization doesn,t belong to the same legal entity.
C) The destination organization transfer type is In Transit.
D) Inventory organization data access for users is not set up.

2. Your client is about to define their primary ledger.
Which set of three primary attributes do they need to know in order to complete this?

A) Chart of Accounts, Ledger Balance, and Accounting Method
B) Currency, Description, and Accounting Method
C) Chart of Accounts, Accounting Calendar, and Currency
D) Chart of Accounts, Description, and Accounting Method

3. The physical inventory process is carried out for a particular inventory organization with the following parameters:
Negative Quantity Tolerance Percentage is set to 10%
Approval Type = 'Always'
The system says that there are 100 on hand, but you only counted 95. What will happen?

A) The system will ask a user to recount before posting.
B) An approval will be required before posting.
C) The setup is invalid; it will give an error message.
D) Because the 95 is within the 10% tolerance, it will post without approval.

4. Your client has just set up their chart of accounts. They are now designing the organization hierarchy in the system.
Which three structures should the customer use to do this?

A) Divisions, Business Units, and Departments
B) Cost Centers, Organizations, and Locations
C) Cost type, Default Cost Structure, and Item Organization
D) Warehouse, Subinventory, and Locators

5. Which two tasks must be defined to set up the Facilities Schedule?

A) Manage Facility Shifts
B) Manage Facility Time Cards
C) Manage Facility Operations
D) Manage Facility Workday Patterns
E) Manage Facility Holidays

Solutions: