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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

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

2. Reorder quantities for an item subinventory are calculated using Fixed Lot Multiple and Round Order Quantity. Assume that the reorder quantity is 24 and you specify 10 for the fixed lot multiple and enable rounding the reorder quantity.
What will be the reorder quantity?

A) 24
B) 25
C) 20
D) 30

3. You have orders that were due for shipping last week, but as of now they have not been shipped.
Which dashboard should you check at the end of the day to determine which orders have been shipped?

A) Past Due, Not Completed
B) Due Today, Not Completed
C) Orders Completed in Full
D) Past Due Shipments
E) Past Due, Completed Today

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

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

5. Your organization has lot controlled and non-lot controlled material and stores all defective material in a subinventory called "Defect." The organization does not want defective material to be available for reservations or for subsequent shipping to customers.
Which option satisfies this requirement?

A) Disallow all inventory transactions for the subinventory "Defect."
B) Tag the lot as defective product.
C) Put a hold on the lot.
D) Assign the subinventory a material status that disallows reservations and allows subinventory transfers and issues to scrap.

Solutions: