Oracle 1Z0-1073-24 Certification Sample Questions and Answers

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Oracle 1Z0-1073-24 Sample Questions:

01. In what scenario might a return of consigned inventory be initiated in Oracle Inventory Cloud?
a) When the consigned items are damaged
b) When the consigned items are no longer needed
c) When the7 consigned items have reached their expiration date
d) All of the above
 
02. How does Oracle Inventory Cloud facilitate the integration of costing with financial reporting?
a) By automating payroll processes
b) By generating real-time inventory valuation reports
c) By integrating with external supplier systems
d) By simplifying inventory transfers
 
03. Which feature in Oracle Inventory Cloud allows for the tracking and management of costs associated with specific business functions?
a) Subinventory Transfer
b) Min-Max Planning
c) Reorder Point
d) Cost Organization
 
04. What is the primary goal of supply chain orchestration in Oracle Inventory Cloud?
a) To automate employee payroll
b) To coordinate end-to-end supply chain activities
c) To manage financial transactions
d) To track customer orders
 
05. What is the primary purpose of setting up a cost organization in Oracle Inventory Cloud?
a) To define inventory valuation methods
b) To manage supplier relationships
c) To handle employee payroll
d) To automate purchase orders
 
06. How can integrating Oracle Inventory Cloud with an external warehouse management system (WMS) improve inventory management?
a) By automating payroll processing
b) By providing real-time inventory updates and visibility
c) By generating customer invoices
d) By simplifying financial reporting
 
07. What is the role of Standard Costing in Oracle Inventory Cloud?
a) To provide a consistent cost for inventory items regardless of purchase price
b) To calculate the average cost of inventory
c) To dynamically adjust costs based on market conditions
d) To automate supplier payments
 
08. Which feature in Oracle Inventory Cloud allows for the prioritization of inventory items during cycle counts?
a) Planning
b) ABC Classification
c) Inter-Organization Transfer
d) Reorder Point
 
09. In Oracle Inventory Cloud, what is the purpose of using a forecast consumption process in inventory replenishment?
a) To automate payroll
b) To reconcile accounts payable
c) To adjust inventory levels based on historical sales data
d) To generate employee schedules
 
10. Which integration method would you use to automate the exchange of purchase orders between Oracle Inventory Cloud and a supplier's system?
a) Manual Data Entry
b) EDI (Electronic Data Interchange)
c) CSV File Uploads
d) Email Notifications

Answers:

Question: 01

Answer: d

Question: 02

Answer: b

Question: 03

Answer: d

Question: 04

Answer: b

Question: 05

Answer: a

Question: 06

Answer: b

Question: 07

Answer: a

Question: 08

Answer: b

Question: 09

Answer: c

Question: 10

Answer: b

 

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