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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. What are the four steps for the move request process flow? (Choose four.)

A) Run the Movement Request Pick Slip Report
B) Run pick slip allocation
C) Create Movement Request
D) Physically move the material
E) Confirm pick slips
F) Create shipment

2. What are two outcomes when a lot expires on an item with lot control enabled?

A) It is issued out of stores.
B) It remains in inventory, but is not considered on-hand when the user is performing min-max or reorder point planning calculations.
C) It is not included in cycle counts.
D) It cannot be transacted.
E) It cannot be reserved for a date beyond the expiration date.

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

4. Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and organizations apart from the received 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item validation for item A is still zero.
What is the reason?

A) Items are consigned items and ownership lies with the supplier.
B) Items are not consigned items and ownership is with the organization.
C) Items are consigned and ownership is transferred to "owned".
D) Items are not consigned items but ownership is still with the supplier.

5. You face a supply request exception due to some reason. You realize that you need to make some changes to the Manage Supply Request Exceptions page.
Which action will you perform?

A) The supply request cannot be updated. The only way is to resolve the error in the source application and resubmit the request.
B) Update the supply request and make sure errors are resolved before resubmitting it.
C) Update the supply request and submit it. The errors will be resolved automatically.
D) The supply request can be updated using a third-party application only.

Solutions: