Oracle Inventory Cloud 2023 Implementation Professional : 1Z0-1073-23

Exam Code: 1Z0-1073-23

Exam Name: Oracle Inventory Cloud 2023 Implementation Professional

Updated: Sep 08, 2026

Q & A: 81 Questions and Answers

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Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Inventory Valuation and Costing- Cost methods and valuation principles
- Cost accounting integration
Topic 2: Inventory Management Fundamentals- Item and warehouse configuration basics
- Inventory structure and organization setup
Topic 3: Inventory Transactions and Execution- Material movement and transaction processing rules
- Receipts, issues, transfers, and adjustments
Topic 4: Reporting and Integration- Integration with Oracle SCM Cloud modules
- Inventory reporting and analytics
Topic 5: Inventory Controls and Compliance- Subinventory and locator management
- Inventory controls, cycle counts, and auditing

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

Question 1

Identify the correct movement request where the move orders are preapproved requests for subinventory transfers that bring material from a source location to a shipment staging subinventory within the organization.

A. Replenishment Movement Request
B. Automatic Movement Request Requisitions
C. Movement Request Requisitions
D. Shipping Movement Request
E. Pick Wave Movement Request


Question 2

A user is performing a material return transaction against excess stock in an Inventory organization; however, the user fails to select the Physical Material Return Required check box.
What happens?

A. It is considered as accounting-only return
B. Shipment lines are created
C. A transfer order line remains open
D. Stock is reserved


Question 3

As part of implementing Oracle Cloud for your customer, you defined multiple Business Units. The customer wants you to define an Inventory Organization that is associated with all the business units and not just one particular business unit.
How do you achieve this?

A. It is not possible to define an Inventory Organization that is associated with more than one business unit.
B. Leave the Profit Center Business Unit field blank in the Inventory Organization definition.
C. Define the Inventory Organization without associating it with any location.
D. Leave the Management Business Unit field blank in the Inventory Organization definition.


Question 4

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. Warehouse, Subinventory, and Locators
C. Cost Centers, Organizations, and Locations
D. Cost type, Default Cost Structure, and Item Organization


Question 5

Identify the availability type that is applicable for the item quantities maintained in a unit of measure different from the primary unit of measure and is available for various transactions.

A. Available
B. Reserved
C. Secondary On-hand Quantity
D. Secondary Available Quantity
E. On Hand


Solutions:

Question 1
Answer: B
Question 2
Answer: D
Question 3
Answer: A
Question 4
Answer: A
Question 5
Answer: C

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