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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. 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 not available, so inventory must be procured.
C) This indicates that supply line quantities are less than required, so additional quantities must be procured to meet the requirement.
D) This indicates that supply line quantities are available but the quality is not up to the mark, so the quality issue must be resolved.

2. Your client has not been managing Supply Request Exceptions on a regular basis.
What issue does this cause?

A) The request will be denied automatically if not resolved within two days.
B) After the errors reach a set threshold in profile options, no new requests can be created.
C) No issues would be caused; these are just warnings.
D) Supply orders are not created for these exceptions, thus causing disruptions in the Supply Chain.
E) If exceptions are not resolved within a set threshold days, it alerts the manager and continues to escalate up the Supply Request Exception Chain.

3. While negotiating the terms of the consignment agreement, the buyer and the supplier mutually agree to set the aging onset point as receipt and the aging period as five days. The terms also say that the consumption advice will be generated daily.
In which three scenarios will the goods be transferred from the supplier's ownership to buyer's ownership? (Choose three.)

A) You received the goods today and for the next one week you do not plan any action on the same.
B) You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.
C) You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
D) You received the goods today and after four days you return the material to the supplier.
E) You received the goods today and you decide to issue the goods after three days without transferring the ownership.
F) You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.

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

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

Solutions: