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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

1. 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) Internal Requisition
B) Intraorganization transfer order
C) None; this is an invalid setup
D) Purchase Requisition
E) Movement request

2. While performing the task "Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet Task", you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America.
What will be the functional currency of the ledger you are defining?

A) It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.
B) The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.
C) The system will pick the first available currency from the List of Values.
D) It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
E) The system will automatically pick "USD" as functional currency from the legal entity country.

3. In the Back-to-Back (B2B) Order to Cash flow, ordered items are purchased from a supplier. The Sourcing Rules have been defined for the item and the buy flow has been initiated. The sales order line is shown as Awaiting Shipping and the supply line status is "In Purchasing" with the supply order generated but the purchase requisition not generating.
What is the reason?

A) ATP rule is not defined.
B) The sourcing rule is incorrect.
C) Work definition is missing for the item.
D) No Blanket Purchase Agreement (BPA) exists for this supplier - item combination.

4. Which two options constitute the rights and responsibilities of a Legal Entity?

A) Own property
B) Manage warehouses
C) Account for themselves to regulators, taxation authorities, and owners according to rules specified in therelevant legislation
D) Facilitate resource allocation
E) Create opportunities for new business

5. Your customer is managing a large sales team divided in two different geographies in the USA. They have the East Coast sales team and the Central sales team. Both teams are handled by one manager and perform the same function.
You customer wants to track the expenses of the two teams separately; however, they do not consider them different as they are handled by one manager only.
How will you fulfill the requirement?

A) Define them as a single department and two separate cost centers.
B) Define them as one department and one cost center.
C) It is not possible to fulfill the requirement.
D) Define them as two separate departments and a single cost center.

Solutions: