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  • Exam Code: 1Z0-1073-23
  • Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
  • Updated: Jul 30, 2026
  • Q & A: 81 Questions and Answers
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  • Exam Code: 1Z0-1073-23
  • Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionObjectives
Creating Inventory Transactions- Inventory Transaction Processing
  • 1. Create transfer orders
  • 2. Process interorganization transfers
  • 3. Manage receipts and picking
Understanding Consigned Inventory from a Supplier- Consigned Inventory Management
  • 1. Configure consignment agreements
  • 2. Generate consumption advice
  • 3. Manage ownership transfers
Setting up Costing and Inventory- Costing Configuration
  • 1. Understand managerial and cost accounting
  • 2. Configure inventory costing
Executing Back-to-Back Process- Back-to-Back Supply Flow
  • 1. Manage back-to-back orchestration
  • 2. Handle supply exceptions
Setting up Advanced Inventory Transactions- Advanced Inventory Features
  • 1. Configure material status control
  • 2. Manage serial and lot controlled items
  • 3. Review reservations and item availability
Maintaining Inventory Replenishment- Inventory Replenishment
  • 1. Configure min-max planning
  • 2. Manage PAR locations
Implementing Enterprise Structures- Enterprise Structure Design
  • 1. Define legal entities and business units
  • 2. Configure inventory organizations
  • 3. Configure item and cost organizations
Integrating with External Systems- External Integration
  • 1. Use FBDI integration
  • 2. Import inventory transactions and balances
  • 3. Use ADFDi integration
Implementing Supply Chain Orchestration- Supply Chain Orchestration
  • 1. Manage business flows
  • 2. Handle orchestration exceptions
Configuring Inventory Counts- Inventory Counting
  • 1. Manage physical inventory counts
  • 2. Configure cycle counting

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Your organization is planning for a periodic counting of individual items throughout the year. As part of this activity, the user has loaded items to the cycle count but some of the items are not being considered when count schedules and count sequences are generated.
Which reason explains why the items are not being considered?

A) The Include in Schedule option is not selected to include the item for auto-scheduling.
B) The approval controls are not set up.
C) The Cycle Count Enabled flag is not selected for the item.
D) The Cycle Count Enabled flag is not selected for the inventory organization.


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


3. Your client is about to define their primary ledger.
Which set of three primary attributes do they need to know in order to complete this?

A) Chart of Accounts, Description, and Accounting Method
B) Chart of Accounts, Ledger Balance, and Accounting Method
C) Currency, Description, and Accounting Method
D) Chart of Accounts, Accounting Calendar, and Currency


4. Identify the correct sequence of consigned inventory process flow.

A) Consumption advice sent to supplier - Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer
B) Consignment order sent to supplier - Consignment agreement creation - Consumption advice sent to supplier - Consigned inventory received by buyer
C) Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer - Consumption advice sent to supplier
D) Consignment agreement creation - Consignment order sent to supplier - Consigned inventory received by buyer - Consumption advice sent to supplier


5. Your customer is managing a large sales team divided in two different geographies in the USA. They have the East Coast sales team and the Central sales team. Both teams are handled by one manager and perform the same function.
You customer wants to track the expenses of the two teams separately; however, they do not consider them different as they are handled by one manager only.
How will you fulfill the requirement?

A) Define them as one department and one cost center.
B) It is not possible to fulfill the requirement.
C) Define them as a single department and two separate cost centers.
D) Define them as two separate departments and a single cost center.


Solutions:

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

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