Oracle 1Z0-1073-23 : Oracle Inventory Cloud 2023 Implementation Professional

  • Exam Code: 1Z0-1073-23
  • Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
  • Updated: Aug 08, 2026
  • Q & A: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Advanced Inventory Transactions15%- Configure and use material status control
- Process lot and serial number controlled items
- Handle project-specific inventory transactions
- Check inventory balances and item availability
- Set up and manage inventory reservations
Topic 2: Implementing Enterprise Structures15%- Explain legal entities and their system roles
- Set up inventory organizations
- Describe item and cost organizations
- Design enterprise fundamental structures
- Model managerial and functional structures
Topic 3: Integration and Orchestration10%- Integrate with external systems via ADFDi and FBDI
- Use Supply Chain Orchestration
Topic 4: Back-to-Back Fulfillment Process10%- Resolve exceptions in back-to-back fulfillment
- Apply back-to-back process flow
Topic 5: Inventory Replenishment10%- Configure and run min-max planning
- Set up PAR location replenishment
Topic 6: Inventory Transactions20%- Manage movement requests and transfer orders
- Process interorganization transactions
- Relate inventory transactions to manufacturing processes
- Create subinventory transfers and miscellaneous transactions
- Perform receiving and putaway transactions
- Execute picking and shipping operations
Topic 7: Inventory Counting and Reconciliation10%- Perform physical inventory counts and adjustments
- Configure and execute cycle counting
Topic 8: Consigned Inventory from Suppliers10%- Explain consignment inventory process flow
- Manage ownership transfers and returns
- Create consumption advice

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Your customer is setting up serial control. The requirement is that if item A has serial 123, then they do not want item B to also have serial 123 within the same inventory organization.
Which serial control setting must be used to meet this requirement?

A) Unique within items
B) Unique across organizations
C) Unique across Enterprise
D) Unique within Item and organization
E) Unique within organization


2. While negotiating the terms of the consignment agreement, the buyer and the supplier mutually agree to set the aging onset point as receipt and the aging period as five days. The terms also say that the consumption advice will be generated daily.
In which three scenarios will the goods be transferred from the supplier's ownership to buyer's ownership? (Choose three.)

A) You received the goods today and you decide to issue the goods after three days without transferring the ownership.
B) You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
C) You received the goods today and for the next one week you do not plan any action on the same.
D) You received the goods today and after four days you return the material to the supplier.
E) You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
F) You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.


3. 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) 30
C) 20
D) 24


4. In the Back-to-Back (B2B) Order to Cash flow, ordered items are purchased from a supplier. The Sourcing Rules have been defined for the item and the buy flow has been initiated. The sales order line is shown as Awaiting Shipping and the supply line status is "In Purchasing" with the supply order generated but the purchase requisition not generating.
What is the reason?

A) Work definition is missing for the item.
B) No Blanket Purchase Agreement (BPA) exists for this supplier - item combination.
C) ATP rule is not defined.
D) The sourcing rule is incorrect.


5. Which three types of jurisdictions should be considered while designing the Enterprise Structure? (Choose three.)

A) Income Tax Jurisdiction
B) Transaction Tax Jurisdiction
C) Labor Jurisdiction
D) Local Jurisdiction
E) Obligatory Jurisdiction
F) Identifying Jurisdiction


Solutions:

Question # 1
Answer: E
Question # 2
Answer: A,D,F
Question # 3
Answer: D
Question # 4
Answer: B
Question # 5
Answer: B,D,E

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