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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. 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) 20
B) 24
C) 25
D) 30

2. Your customer is a very large organization spanning across multiple countries. Their legal requirements, Human Resource Policies, and Functional Currencies for Ledger are different for each country. Your customer wants to maintain 10 different companies in the system.
Which combination meets this requirement?

A) 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
B) 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger
C) 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
D) 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger

3. Your customer is setting up serial control. The requirement is that if item A has serial 123, then they do not want item B to also have serial 123 within the same inventory organization.
Which serial control setting must be used to meet this requirement?

A) Unique across Enterprise
B) Unique within organization
C) Unique within items
D) Unique across organizations
E) Unique within Item and organization

4. What are the four steps for the move request process flow? (Choose four.)

A) Run the Movement Request Pick Slip Report
B) Physically move the material
C) Create Movement Request
D) Confirm pick slips
E) Create shipment
F) Run pick slip allocation

5. While performing the task "Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet Task", you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America.
What will be the functional currency of the ledger you are defining?

A) It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
B) The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.
C) The system will automatically pick "USD" as functional currency from the legal entity country.
D) The system will pick the first available currency from the List of Values.
E) It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.

Solutions: