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

  • Exam Code: 1Z0-1073-23
  • Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
  • Updated: Oct 03, 2026
  • Q & A: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Inventory Transactions and Execution- Receipts, issues, transfers, and adjustments
- Material movement and transaction processing rules
Topic 2: Inventory Controls and Compliance- Inventory controls, cycle counts, and auditing
- Subinventory and locator management
Topic 3: Inventory Management Fundamentals- Item and warehouse configuration basics
- Inventory structure and organization setup
Topic 4: Inventory Valuation and Costing- Cost methods and valuation principles
- Cost accounting integration
Topic 5: Reporting and Integration- Integration with Oracle SCM Cloud modules
- Inventory reporting and analytics

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

Question #1

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. Consumption advice is created and the next closing date is set to 30th September, 2020.
  • 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. No consumption advice is created.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #2

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 organizations
  • B. Unique within organization
  • C. Unique across Enterprise
  • D. Unique within Item and organization
  • E. Unique within items
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #3

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. 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.
  • B. 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.
  • C. The system will pick the first available currency from the List of Values.
  • D. The system will automatically pick "USD" as functional currency from the legal entity country.
  • E. It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #4

Which execution document is created by supply chain orchestration when a make request is received?

  • A. Transfer Order
  • B. Purchase Order
  • C. Routing Create
  • D. Work Order
  • E. Movement Request
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

A shipment has not yet been created for a pick that you are running.
How is the due date calculated?

  • A. schedule ship date from the order line
  • B. request date from the order line
  • C. system date
  • D. earliest acceptable date from the order line
  • E. promise date from the order line
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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