Oracle Inventory Cloud 2023 Implementation Professional : 1Z0-1073-23

  • Exam Code: 1Z0-1073-23
  • Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
  • Updated: Jul 26, 2026
  • Q & A: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Consigned Inventory from Suppliers10%- Explain consignment inventory process flow
- Create consumption advice
- Manage ownership transfers and returns
Topic 2: Inventory Counting and Reconciliation10%- Configure and execute cycle counting
- Perform physical inventory counts and adjustments
Topic 3: Advanced Inventory Transactions15%- Check inventory balances and item availability
- Process lot and serial number controlled items
- Handle project-specific inventory transactions
- Set up and manage inventory reservations
- Configure and use material status control
Topic 4: Back-to-Back Fulfillment Process10%- Resolve exceptions in back-to-back fulfillment
- Apply back-to-back process flow
Topic 5: Implementing Enterprise Structures15%- Describe item and cost organizations
- Design enterprise fundamental structures
- Model managerial and functional structures
- Explain legal entities and their system roles
- Set up inventory organizations
Topic 6: Integration and Orchestration10%- Integrate with external systems via ADFDi and FBDI
- Use Supply Chain Orchestration
Topic 7: Inventory Transactions20%- Execute picking and shipping operations
- Relate inventory transactions to manufacturing processes
- Perform receiving and putaway transactions
- Create subinventory transfers and miscellaneous transactions
- Manage movement requests and transfer orders
- Process interorganization transactions
Topic 8: Inventory Replenishment10%- Configure and run min-max planning
- Set up PAR location replenishment

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. 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


2. Your customer wants to prevent customer shipments out of a specific subinventory. They are setting up a material status to control this.
Which transaction do they need to disallow?

A) Move Request Putaway
B) Ship Confirm
C) Miscellaneous Issue
D) Sales Order Pick
E) Sales Order Issue


3. A user is performing a material return transaction against excess stock in an Inventory organization; however, the user fails to select the Physical Material Return Required check box.
What happens?

A) Stock is reserved
B) It is considered as accounting-only return
C) A transfer order line remains open
D) Shipment lines are created


4. Your client has decided that Discrete Manufacturing will be implemented at a future stage, so any new supply from current manufacturing will be added to current inventory by the Open Transactions Interface. The immediate requirement is to go live with Inventory and Order Management.
Which two seeded transaction types can be omitted for material status control?

A) Backflush Subinventory Transfer
B) All Transaction Types Related to Work in Process
C) All Internal Transactions
D) Miscellaneous Issues and Receipts
E) Average Cost Update


5. You have an organization that runs both its domestic and international business from the same offices. However, the organization does not want the domestic side of the business to be able to transact on the international side, even though they are selling the same material.
How do you configure your enterprise to meet this requirement?

A) Use data access security to separate what each customer can control.
B) Set up the domestic and international businesses as separate operating units.
C) Set up the domestic and international businesses as separate business units.
D) Set up the domestic and international businesses as separate cost centers.
E) Set up the domestic and international businesses as separate projects.


Solutions:

Question # 1
Answer: D
Question # 2
Answer: B
Question # 3
Answer: A
Question # 4
Answer: A,D
Question # 5
Answer: C

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