Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Supply Chain Financial Orchestration supports which three things? (Choose three.)

A) Configuration to define cost-based, document-based support for third-party transfer pricing rules.
B) Resource transactions are interfaced directly from Manufacturing.
C) Infrastructure and framework to define the financial trade and physical flows independently.
D) The user interface gives you the status of the orchestration transactions item serial numbers.
E) Separate physical movement from financial flow.

2. The Applications Development Framework Desktop Integration (ADFdi) user interface is supported in Oracle Fusion Receiving, Inventory Management, and Shipping products.
Identify four ADFdi user interfaces that are supported.

A) Review Receipts Interface
B) Manage Inventory Transaction Correction in Spreadsheet
C) Manage Lot/Serial Interface
D) Upload ASN or ASBN
E) Manage Shipment Message Interface
F) Review Count Interface Records

3. Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and organizations apart from the received 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item validation for item A is still zero.
What is the reason?

A) Items are consigned items and ownership lies with the supplier.
B) Items are not consigned items and ownership is with the organization.
C) Items are consigned and ownership is transferred to "owned".
D) Items are not consigned items but ownership is still with the supplier.

4. Your customer decides to implement Cloud Procurement and Inventory. While discussing with your customer, you come to know that they have a business that spans across multiple locations and they have warehouses situated across USA and Canada.
1) All their procurement, payables, and distribution activities take place from USA.
2) They have a central warehouse in USA and after the goods are delivered to this warehouse, they are distributed across multiple additional warehouses. The warehouses are managed separately from the requisitioning units.
3) For requesting material they have two units. One located in USA that monitors the current stock. They are responsible for creating requisition for any material shortage in USA. They have another location in Canada for requesting material.
Which setup fulfills this scenario?

A) BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for both Canada and USA requisitioning Business Units
B) BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unitDefine Service provider relationship where USA procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit
C) BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unitDefine Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit
D) BU1: USA - as procurement and requisitioning Business Unit (BU) BU2: Canada - as requisitioning Business UnitDefine Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for Canada Requisitioning Business Unit

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

Solutions: