1Z0-1073-22 Oracle Inventory Cloud 2022 Implementation Professional Exam

Posted by:admin Posted on:Sep 22,2022

Format: Multiple Choice
Duration: 90 Minutes
Number of Questions: 55
Passing Score: 68%
Validation: This exam has been validated against 22A/22B
Policy: Cloud Recertification

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Oracle Inventory Cloud 2022 Certified Implementation Professional

Prepare to pass exam: 1Z0-1073-22
An Oracle Inventory Cloud 2022 Certified Implementation Professional has demonstrated the knowledge required to configure an enterprise structure, design an enterprise configuration, and manage advanced inventory transactions. Individuals who earn this certification are able to analyze and process the material request flow within Supply Chain Orchestration, manage consigned inventory and integrate receipts, shipments, inventory balances and inventory transactions with external systems.

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Review exam topics

Implementing Enterprise Structures
Explain the fundamental structures for an enterprise
Explain legal entities and their role within the system
Design an Enterprise Configuration
Explain management reporting structures
Model a Business Unit within an Enterprise Structure
Describe Item and Cost Organizations

Inventory Transactions
Create Subinventory Transfer and Miscellaneous Transactions
Create an Interorganization Transaction
Create a Movement Request
Explain Transfer Types
Perform a PO Receipt
Explain the relationship between Discrete Manufacturing and Inventory Transactions
Perform a Pick Slip confirmation

Advanced Inventory Transactions
Explain how Material Status Control affects transactions and Create Material Statuses
Perform lot and/or serial controlled transaction
Explain Item Availability types
Create Inventory Reservations
Perform Project-Specific Inventory Transactions

Consigned Inventory from a Supplier
Explain the Consignment Process
Create Consumption Advice
Explain Ownership Transfers and Return from Consignment perspective

Back to Back Processing
Apply the Back to Back process flow
Manage exceptions in the Back to Back process flow

Plan Inventory Replenishment
Run a Min-Max Plan, explain reorder quantity calculation and supply request generation
Set up min-max related item and item subinventory‒level attributes
Explain PAR Location Management

Inventory Counts
Create Manual Cycle Count and explain how cycle counts are generated
Perform a Physical Inventory and explain how physical inventory adjustments affect the inventory balances

Supply Chain Orchestration Overview
Explain the capabilities of supply chain orchestration
Describe the Supply Lines Work Area, analyze and manage business flows and exceptions within supply chain orchestration

External Integration
Integrate using ADFDi and FBDI
Integrate Inventory Transactions,Balances, Receipts and Shipments

Costing and Inventory Foundations
Explain Common Inventory Configurations
Describe Managerial Accounting and Cost Accounting Basics


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 item.
C. The approval controls are not set up.
D. The Cycle Count Enabled flag is not selected for the inventory organization.

Answer: B


QUESTION 3
Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)

A. Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
B. Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
C. Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
D. Cost method can be defined granularity down to individual items.

Answer: ABC


QUESTION 4
You have set up min-max planning at the subinventory level with the following to source item
AS12312 for Organization: M1:
Source Type: Organization
Organization: M1
What type of supply request will be generated?

A. Purchase Requisition
B. Internal Requisition
C. None; this is an invalidsetup
D. Intraorganization transfer order
E. Movement request

Answer: D


QUESTION 5
Which attribute value allows usage of common inventory for project specific demand?

A. Allow use of common supplies : No and Hard Pegging Level : Project Group
B. Allow use of common supplies : Null and Hard Pegging Level : Project Group
C. Allow use of common supplies : No and Hard Pegging Level : Project and Task
D. Allow use of common supplies : Null and Hard Pegging Level : None

Answer: D

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