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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Which three things are true about running the Min-Max Report? (Choose three.)

A) You can run the report by item category.
B) The system calculates demand quantity by using information from existing sales orders, transfer orders, work orders and movement requests.
C) You can suppress replenishment movement request when the source subinventory has zero item on-hand quantity.
D) The Min-Max Replenishment ignores Item Processing Lead-time on Transfer orders.
E) You can run the report or both Organizations and Subinventory Planning Levels simultaneously.

2. Cost Accounting captures costed transactions that are picked up by the cost processor for all of the following but one - which is NOT, and picked up by the cost processor?

A) Invoices and revenue are interfaced from Fusion Receivables
B) Resource transactions are interfaced directly from Manufacturing
C) Period close adjusting journal entries for payroll
D) Shipping, receiving, and inventory transactions from manufacturing
E) Payable invoices are interfaced from Fusion Payables

3. Identify the correct sequence of consigned inventory process flow.

A) Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer - Consumption advice sent to supplier
B) Consumption advice sent to supplier - Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer
C) Consignment order sent to supplier - Consignment agreement creation - Consumption advice sent to supplier - Consigned inventory received by buyer
D) Consignment agreement creation - Consignment order sent to supplier - Consigned inventory received by buyer - Consumption advice sent to supplier

4. You need to load on-hand balances for go live. Which template should be used for this?

A) InventoryReservationImportTemplate.xlsm
B) InventoryTransactionImportTemplate.xlsm
C) InventoryMiscellaneousTrxTemplate.xlsm
D) InventoryBalanceImportTemplate.xlsm
E) InventoryOnHandBalanceTemplate.xlsm

5. Your company is an automobile spares manufacturing organization, which follows a discrete process. It has its own manufacturing and distribution centers located globally.
It has these business units:
US - USA business unit
CAN - Canadian business unit
UK - UK business unit
MX - Mexican business unit
IND - India business unit
SPA - Spain business unit
FRA - France business unit
NL - Netherlands business unit
GER - Germany business unit
These are the inventory organizations that exist in each business unit:
Inventory Org - business unit
--------------------------------------------
GM (Master Org) - US
US1 (Child Org) - US
US2 (Child Org) - US
CA1 (Child Org) - CAN
MX1 (Child Org) - MX
IN1 (Child Org) - IND
SP1 (Child Org) - SPA
FR1 (Child Org) - FRA
NL1 (Child Org) - NL
DE1 (Child Org) - GER
Which two statements are true?

A) Item organizations are also supported to serve as inventory organizations.
B) Items defined in the GM organization can be assigned to US1,US2, NL1, and MX1 inventory organizations.
C) All inventory organizations do not need to be in the same business unit to assign items.
D) You can define an item in the IN1 inventory organization and assign it to the DE1 inventory organization.
E) Items cannot be assigned to inventory organizations across business units.
F) Operational Attributes can be controlled only at the Master Level.

Solutions: