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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Your customer wants you to restrict the values of Receivables Transaction Type for their three business units. You created three reference data sets for each business unit. However, the user is still able to see the values in the Transaction Type list of values which are not defined in the business unit data set.
What is the reason for this behavior?

A) The user has multiple Business Unit Roles and, therefore, is able to see additional values.
B) Receivables Transaction Types are common across business units.
C) Reference Data Sets cannot be used uniquely across business units. They can only be used at the Legal Entity level.
D) The user is seeing the values defined in the common set. The values should be removed from the common set.

2. 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) Profit center business unit can have one or more inventory organizations.
D) A cost organization can have one or more 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 you decide to issue the goods after three days without transferring the ownership.
B) You received the goods today and after four days you return the material to the supplier.
C) You received the goods today and for the next one week you do not plan any action on the same.
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 three days you transfer the ownership using the "create transfer to consigned transaction" task.
F) You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.

4. Which three values are applicable for the profile option - "Transaction Processing Mode" for subinventory transfer and interorganization transfer? (Choose three.)

A) Online Processing
B) Offline Processing
C) Blind Processing
D) Sequential Processing
E) Background Processing
F) Concurrent Processing

5. Which two statements are true in regard to using the Enterprise Structures Configurator?

A) It allows you to create your Enterprise, Business Units, and Warehouses in a single step.
B) You cannot modify the recommendation from the tool. You must do it after you perform the initial configuration.
C) The guided interview-based process helps you set up the enterprise with best practices.
D) It recommends job and position structures.
E) It creates the chart of accounts.

Solutions: