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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Reorder quantities for an item subinventory are calculated using Fixed Lot Multiple and Round Order Quantity. Assume that the reorder quantity is 24 and you specify 10 for the fixed lot multiple and enable rounding the reorder quantity.
What will be the reorder quantity?

A) 25
B) 20
C) 30
D) 24

2. Which attribute value allows usage of common inventory for project specific demand?

A) Allow use of common supplies : Null and Hard Pegging Level : Project Group
B) Allow use of common supplies : No and Hard Pegging Level : Project and Task
C) Allow use of common supplies : No and Hard Pegging Level : Project Group
D) Allow use of common supplies : Null and Hard Pegging Level : None

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

4. Which three statements are true regarding PAR Location Management?

A) If the stock level falls below the target on-hand quantity for the locator, inventory generates the appropriate replenishment document based on the item sourcing for the subinventory.
B) Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.
C) PAR location management replenishment are calculated at the organization level or subinventory level.
D) A receipt is required on interorganization expense destination transfer orders between the from and to organizations
E) Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.

5. Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)

A) Cost method can be defined granularity down to individual items.
B) Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
C) Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
D) Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.

Solutions: