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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. You have a high value item that you want to audit on an unscheduled basis to deter pilfering.
Which two methods could you use to do this?

A) ABC Count
B) Automated Cycle Count
C) Blind Inventory Count
D) Manual Cycle Count
E) Based on Item Category

2. Which three statements about cost organization are correct? (Choose three.)

A) All inventory organizations of a cost organization need to within the same business unit.
B) Profit center business units can have only one cost organization.
C) Profit center business unit can have one or more inventory organizations.
D) A cost organization can have one or more inventory organizations.

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

4. Your customer decides to implement Cloud Procurement and Inventory. While discussing with your customer, you come to know that they have a business that spans across multiple locations and they have warehouses situated across USA and Canada.
1) All their procurement, payables, and distribution activities take place from USA.
2) They have a central warehouse in USA and after the goods are delivered to this warehouse, they are distributed across multiple additional warehouses. The warehouses are managed separately from the requisitioning units.
3) For requesting material they have two units. One located in USA that monitors the current stock. They are responsible for creating requisition for any material shortage in USA. They have another location in Canada for requesting material.
Which setup fulfills this scenario?

A) BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unitDefine Service provider relationship where USA procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit
B) BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unit Define Service provider relationship where USA procurement business unit serves as procurement and payables service provider for both Canada and USA requisitioning Business Units
C) BU1: USA - as procurement and requisitioning Business Unit (BU) BU2: Canada - as requisitioning Business UnitDefine Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for Canada Requisitioning Business Unit
D) BU1: USA - as procurement business unit (BU) BU2: Canada - as requisitioning business unit BU3: USA - as requisitioning business unitDefine Service provider relationship where Canada procurement business unit serves as procurement and payables service provider for only Canada requisitioning Business Unit

5. Which two statements are true in regard to using the Enterprise Structures Configurator?

A) It allows you to create your Enterprise, Business Units, and Warehouses in a single step.
B) You cannot modify the recommendation from the tool. You must do it after you perform the initial configuration.
C) The guided interview-based process helps you set up the enterprise with best practices.
D) It recommends job and position structures.
E) It creates the chart of accounts.

Solutions: