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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

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

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

2. 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) Put a hold on the lot.
C) Assign the subinventory a material status that disallows reservations and allows subinventory transfers and issues to scrap.
D) Tag the lot as defective product.

3. Your organization is using min-max planning to replenish stock and the planning parameters are set at item organization level with a default subinventory:
Item: A, Min Qty: 25, Max Qty: 150 and Current Level: 20
The item above is purchased from a supplier. Although there is subinventory on hand, the subinventory is below the minimum required level. This should trigger a Min-Max report entry, but the requisition is not generated. Why?

A) Item is not defined in Manage Item Subinventories.
B) Fixed lot multiplier is not set.
C) No value has been set for the "Min-Max Replenishment Reorder Approval" profile.
D) Rounding the Reorder Quantity is disabled.
E) Min-max planning can be performed at the Organization level.

4. While creating the consignment agreement, you have set the consumption advice frequency to "monthly" and the billing cycle close date to "31st August, 2020".
What will happen when you run the consumption advice process on 31st August, 2020?

A) No consumption advice is created.
B) Consumption advice is created and the next closing date is set to 30th October, 2020.
C) Consumption advice is created and the next closing date is set to 7th September, 2020.
D) Consumption advice is created and the next closing date is set to 30th September, 2020.

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

Solutions: