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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back.
What is the process of returning the material?

A) Return the material and create a debit memo for the supplier.
B) You have to transfer the ownership of item and perform the return transaction.
C) You cannot return consigned items that are invoiced and paid. Treat the material as scrap.
D) You have to cancel the invoice and send the material back without changing the ownership.

2. You have orders that were due for shipping last week, but as of now they have not been shipped.
Which dashboard should you check at the end of the day to determine which orders have been shipped?

A) Past Due, Completed Today
B) Past Due Shipments
C) Due Today, Not Completed
D) Orders Completed in Full
E) Past Due, Not Completed

3. What are the two scenarios that allow you to update the lot control option for an item?

A) Item material status is Active.
B) No open internal order exists for the item.
C) No open sales order exists for the item.
D) Item has zero on-hand quantity.

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

A) InventoryBalanceImportTemplate.xlsm
B) InventoryOnHandBalanceTemplate.xlsm
C) InventoryMiscellaneousTrxTemplate.xlsm
D) InventoryTransactionImportTemplate.xlsm
E) InventoryReservationImportTemplate.xlsm

5. Which three things are true about running the Min-Max Report? (Choose three.)

A) You can suppress replenishment movement request when the source subinventory has zero item on-hand quantity.
B) The Min-Max Replenishment ignores Item Processing Lead-time on Transfer orders.
C) You can run the report by item category.
D) The system calculates demand quantity by using information from existing sales orders, transfer orders, work orders and movement requests.
E) You can run the report or both Organizations and Subinventory Planning Levels simultaneously.

Solutions: