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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Your are in the process of analyzing the demand and supply schedules for the item based on high level reservations.
Identify the reservation document type that would be applicable to both supply as well as demand.

A) On Hand
B) Transfer Order
C) Account Alias
D) Movement Request
E) Requisition
F) Work Order

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

3. Identify the correct movement request where the move orders are preapproved requests for subinventory transfers that bring material from a source location to a shipment staging subinventory within the organization.

A) Shipping Movement Request
B) Automatic Movement Request Requisitions
C) Movement Request Requisitions
D) Pick Wave Movement Request
E) Replenishment Movement Request

4. You are currently implementing Oracle Cloud for the Singapore entity of your multinational customer. Their head office is located in Japan. Apart from Singapore, their other entities are using a legacy system.
Their requirement is to implement Oracle Cloud in such a way that at the end of the financial year, all their financial reporting should be in Japanese Yen.
How will you fulfill the above requirement?

A) Define one primary ledger with SGD (Singapore Dollars) as primary currency and use the reporting currency functionality to provide the necessary data in Japanese Yen currency.
B) This requirement cannot be fulfilled.
C) Define two ledgers one in SGD (Singapore Dollars) and one in Japanese Yen and transfer data of all the subledgers in these two primary ledgers.
D) Define one primary ledger with Japanese Yen currency so that all the subledger data gets converted to Japanese Yen automatically.

5. As part of implementing Oracle Cloud for your customer, you defined multiple Business Units. The customer wants you to define an Inventory Organization that is associated with all the business units and not just one particular business unit.
How do you achieve this?

A) It is not possible to define an Inventory Organization that is associated with more than one business unit.
B) Define the Inventory Organization without associating it with any location.
C) Leave the Management Business Unit field blank in the Inventory Organization definition.
D) Leave the Profit Center Business Unit field blank in the Inventory Organization definition.

Solutions: