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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. An inventory transaction is imported to the system through an FBDI template.
Which transaction state denotes that an inventory transaction is created in the Oracle Cloud Inventory Management application?

A) Staged
B) New
C) Validated
D) Created
E) Deferred

2. A third-party service equipment is used for various purposes in a manufacturing facility and needs to be overhauled once a year. This equipment is charged based on its consumption without a project dependency.
At this point, it should be transferred out to the vendor's warehouse for maintenance and then returned back in the future depending upon the requirement.
The material stock transfer should happen with an offline approval and with an account alias as a logical reference.
What is the ideal way to handle this process?

A) Move Request
B) Transfer Order
C) Miscellaneous Transaction
D) Requisitions
E) Subinventory Transfer

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

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

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

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) It recommends job and position structures.
C) It creates the chart of accounts.
D) You cannot modify the recommendation from the tool. You must do it after you perform the initial configuration.
E) The guided interview-based process helps you set up the enterprise with best practices.

Solutions: