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

  • Exam Code: 1Z0-1073-23
  • Exam Name: Oracle Inventory Cloud 2023 Implementation Professional
  • Updated: Oct 06, 2026   Q&As: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:
SectionWeightObjectives
Inventory Counting and Reconciliation10%- Configure and execute cycle counting
- Perform physical inventory counts and adjustments
Integration and Orchestration10%- Integrate with external systems via ADFDi and FBDI
- Use Supply Chain Orchestration
Consigned Inventory from Suppliers10%- Manage ownership transfers and returns
- Explain consignment inventory process flow
- Create consumption advice
Inventory Transactions20%- Create subinventory transfers and miscellaneous transactions
- Manage movement requests and transfer orders
- Perform receiving and putaway transactions
- Execute picking and shipping operations
- Process interorganization transactions
- Relate inventory transactions to manufacturing processes
Implementing Enterprise Structures15%- Explain legal entities and their system roles
- Design enterprise fundamental structures
- Describe item and cost organizations
- Set up inventory organizations
- Model managerial and functional structures
Inventory Replenishment10%- Set up PAR location replenishment
- Configure and run min-max planning
Back-to-Back Fulfillment Process10%- Apply back-to-back process flow
- Resolve exceptions in back-to-back fulfillment
Advanced Inventory Transactions15%- Set up and manage inventory reservations
- Process lot and serial number controlled items
- Configure and use material status control
- Check inventory balances and item availability
- Handle project-specific inventory transactions
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
Question #1

Your organization is planning for a periodic counting of individual items throughout the year. As part of this activity, the user has loaded items to the cycle count but some of the items are not being considered when count schedules and count sequences are generated.
Which reason explains why the items are not being considered?

  • A. The Include in Schedule option is not selected to include the item for auto-scheduling.
  • B. The Cycle Count Enabled flag is not selected for the inventory organization.
  • C. The approval controls are not set up.
  • D. The Cycle Count Enabled flag is not selected for the item.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Question #2

Cost Accounting captures costed transactions that are picked up by the cost processor for all of the following but one - which is NOT, and picked up by the cost processor?

  • A. Invoices and revenue are interfaced from Fusion Receivables
  • B. Period close adjusting journal entries for payroll
  • C. Payable invoices are interfaced from Fusion Payables
  • D. Shipping, receiving, and inventory transactions from manufacturing
  • E. Resource transactions are interfaced directly from Manufacturing
Reveal Solution  Discussion  0

Correct Answer: E  🗳️

Question #3

A customer has one Business Unit, two Legal Entities, and each have eight warehouses (defined as Inventory Orgs). While trying to set up Cost Organizations for each of these Legal Entities, you were unable to perform the mandatory step of assigning the Profit Center Business Unit for one set of eight Inventory Organizations; however, you could do it for the other set.
What is the reason for this?

  • A. There is no Business Unit associated with the Legal Entity.
  • B. The General Ledger is not associated with Business Unit.
  • C. There is no Inventory Validation Organization defined.
  • D. The Legal Entity Setup is incomplete.
  • E. The Business Unit is not enabled for Costing.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #4

You need to load on-hand balances for go live. Which template should be used for this?

  • A. InventoryTransactionImportTemplate.xlsm
  • B. InventoryMiscellaneousTrxTemplate.xlsm
  • C. InventoryReservationImportTemplate.xlsm
  • D. InventoryOnHandBalanceTemplate.xlsm
  • E. InventoryBalanceImportTemplate.xlsm
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Question #5

Your company has multiple inventory organizations where goods are transferred internally. A user has created a new organization but the new organization is unavailable when creating an interorganization transfer.
What is the missing setup?

  • A. The destination organization transfer type is In Transit.
  • B. Inventory organization data access for users is not set up.
  • C. The source and destination organization doesn,t belong to the same legal entity.
  • D. Interorganization Parameters are not set up between the organizations.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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