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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions (Q41-Q46):

NEW QUESTION # 41
What are two outcomes when a lot expires on an item with lot control enabled?

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

Answer: A,E

NEW QUESTION # 42
Your customer is setting up serial control. The requirement is that if item A has serial 123, then they do not want item B to also have serial 123 within the same inventory organization.
Which serial control setting must be used to meet this requirement?

A. Unique within organization
B. Unique across organizations
C. Unique within Item and organization
D. Unique within items
E. Unique across Enterprise

Answer: A

NEW QUESTION # 43
Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)

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

Answer: A,B,C

NEW QUESTION # 44
Your client has just set up their chart of accounts. They are now designing the organization hierarchy in the system.
Which three structures should the customer use to do this?

A. Divisions, Business Units, and Departments
B. Cost type, Default Cost Structure, and Item Organization
C. Cost Centers, Organizations, and Locations
D. Warehouse, Subinventory, and Locators

Answer: A

NEW QUESTION # 45
You set up an item organization and an inventory organization as part of your customer's requirement.
Your customer has, by mistake, performed a receipt transaction in the item organization instead of the inventory organization. How wiil you rectify the error?

A. It is not possible to receive item in the item organization.
B. Perform a new receipt in the correct organization and retain the stock in item organization because it does not affect any other operation.
C. Perform a return of item and receive the item again in the correct organization.
D. Perform a correct receipt transaction and receive the item in the correct organization.

Answer: A

NEW QUESTION # 46
......

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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions (Q41-Q46):

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