Exam Name: Oracle Inventory Cloud 2018 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Inventory Management Cloud
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Updated: Oct 18, 2026
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Oracle 1Z1-1023 Exam Overview:
| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Inventory Cloud 2018 Implementation Essentials |
| Exam Number: | 1Z0-1023 |
| Available Languages: | English |
| Real Exam Qty: | 60-80 |
| Exam Duration: | 120-150 |
| Exam Format: | Multiple Response, Multiple Choice |
| Related Certifications: | Oracle Inventory Cloud-related certifications Oracle Supply Chain Management Cloud certifications |
| Recommended Training: | Oracle Inventory Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored exam or authorized test center delivery depending on region |
| Pre Condition: | No formal prerequisites required, but knowledge of Oracle SCM Cloud and inventory management concepts is recommended. |
| Official Syllabus URL: | https://education.oracle.com |
Oracle 1Z1-1023 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Inventory Transactions | - Material Transactions - Transfers and Adjustments - Cycle Counting and Physical Inventory |
| Topic 2: Inventory Control and Management | - Reservation and Allocation - Stocking and Replenishment |
| Topic 3: Setup and Configuration | - Item Setup and Item Attributes - Inventory Organization Setup - Subinventory and Locator Configuration |
| Topic 4: Inventory Cloud Fundamentals | - Core Inventory Concepts and Structures - Overview of Oracle Inventory Cloud |
| Topic 5: Integration and Reporting | - Integration with SCM Cloud Modules - Inventory Reporting and Analytics |
1Z1-1023 Exam FAQ — Seize the Chance
The Oracle Inventory Cloud 2018 Implementation Essentials is Oracle's certification exam for Oracle Inventory Cloud 2018 Implementation Essentials, at the Professional level. Certification is how workers face new challenges and seize promotion chances. Related credentials include Oracle Supply Chain Management Cloud certifications, Oracle Inventory Cloud-related certifications.
Yes — new customers get a free Oracle Inventory Cloud 2018 Implementation Essentials demo, and regular customers enjoy constant promotions and membership discounts. Purchases include 365 days of free updates by email; renew afterward at 50% off.
The Oracle Inventory Cloud 2018 Implementation Essentials blueprint spans 5 domains — including Inventory Control and Management, Setup and Configuration, Inventory Cloud Fundamentals. Concentrate effort where the weight sits; the complete outline above lists every subtopic.
Through the vendor's official registration channels:
The Oracle Inventory Cloud 2018 Implementation Essentials is delivered Online proctored exam or authorized test center delivery depending on region — pick the arrangement that suits you when booking.
No formal prerequisites required, but knowledge of Oracle SCM Cloud and inventory management concepts is recommended. Eligibility rules change over time, so verify the current requirements on the official page (official 1Z1-1023 exam page) before registering.
120-150 for 60-80 questions. Efficient preparation — steady timed practice with the PremiumVCEDump engine — makes the real clock feel generous.
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After any course, keep the efficiency going with the 76 practice questions for the Oracle Inventory Cloud 2018 Implementation Essentials — every answer expert-verified.
Oracle Inventory Cloud 2018 Implementation Essentials Sample Questions:
Your customer has defined three business units: two of them require the same set of receivables payment terms whereas the third needs a separate set of receivables payment terms.
How will you achieve this requirement?
- A. Define one reference data set and modify the business unit security.
- B. Define two reference data sets, assign the first set to the two business units which will share the same payment terms and second set to the business unit which needs separate payment terms.
- C. Define three reference data sets and assign each data set to each business unit.
- D. Define one data set with common payment terms and exclude the payment terms feature from the third business unit.
Correct Answer: B 🗳️
For an Item to be enabled for back-to-back order process, which attribute do you need to set?
- A. Item attribute: Reservations Enabled
- B. Organization attribute: Allow Reservations
- C. Item attribute: Allow purchase orders off of sales orders
- D. Organization attribute: Allow Back to Back Processing
- E. Item attribute: Back-To-Back Enabled
Correct Answer: E 🗳️
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:
These are the inventory organizations that exist in each business unit:
Which two statements are true?
- A. Operational Attributes can be controlled only at the Master Level.
- B. Items defined in the GM organization can be assigned to US1, US2, NL1, and MX1 inventory organizations.
- C. Items cannot be assigned to inventory organizations across business units.
- D. You can define an item in the IN1 inventory organization and assign it to the DE1 inventory organization.
- E. Items organizations are also supported to serve as inventory organizations.
- F. All inventory organizations do not need to be in the same business unit to assign items.
Correct Answer: B,F 🗳️
Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?
- A. If the receipt is not required, Cost Accounting will pick up both the issue and receipt activity from the single inventory transaction "Transfer Order Issue".
- B. If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there will not be a delivery transaction in inventory.
- C. Expense destination transfers are expensed upon delivery hitting an expense account instead of an inventory asset account as would be the case for inventory destination transfers.
- D. Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.
- E. Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.
Correct Answer: D 🗳️
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 October, 2020.
- B. Consumption advice is created and the next closing date is set to 7th September, 2020.
- C. No consumption advice is created.
- D. Consumption advice is created and the next closing date is set to 30th September, 2020.
Correct Answer: D 🗳️
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