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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

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

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

2. Which three statements are true regarding PAR Location Management?

A) Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.
B) PAR location management replenishment are calculated at the organization level or subinventory level.
C) If the stock level falls below the target on-hand quantity for the locator, inventory generates the appropriate replenishment document based on the item sourcing for the subinventory.
D) Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.
E) A receipt is required on interorganization expense destination transfer orders between the from and to organizations

3. On the Supply Lines Overview page, the deviations in supply type chart show a supply line status of exception.
What action must you take?

A) This indicates that supply line has an exception in manufacturing goods, so the supply line must be changed.
B) This indicates that supply line quantities are available but the quality is not up to the mark, so the quality issue must be resolved.
C) This indicates that supply line quantities are not available, so inventory must be procured.
D) This indicates that supply line quantities are less than required, so additional quantities must be procured to meet the requirement.

4. Your company has established inventory balances integration with 3PL system.
Which option cannot be achieved out of the box using this integration?

A) Import inventory balance message in bulk.
B) Resolve processing exceptions.
C) Compare and automatically report inventory mismatches.
D) Purge inventory balance message periodically.

5. The physical inventory process is carried out for a particular inventory organization with the following parameters:
Negative Quantity Tolerance Percentage is set to 10%
Approval Type = 'Always'
The system says that there are 100 on hand, but you only counted 95. What will happen?

A) Because the 95 is within the 10% tolerance, it will post without approval.
B) The system will ask a user to recount before posting.
C) The setup is invalid; it will give an error message.
D) An approval will be required before posting.

Solutions: