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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

Number: 81 Q&As with Testing Engine

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Oracle 1Z0-1073-23 Exam Syllabus Topics:
SectionWeightObjectives
Topic 1: Implementing Enterprise Structures15%- Describe item and cost organizations
- Model managerial and functional structures
- Explain legal entities and their system roles
- Set up inventory organizations
- Design enterprise fundamental structures
Topic 2: Inventory Replenishment10%- Set up PAR location replenishment
- Configure and run min-max planning
Topic 3: Inventory Counting and Reconciliation10%- Configure and execute cycle counting
- Perform physical inventory counts and adjustments
Topic 4: Back-to-Back Fulfillment Process10%- Apply back-to-back process flow
- Resolve exceptions in back-to-back fulfillment
Topic 5: Advanced Inventory Transactions15%- Check inventory balances and item availability
- Process lot and serial number controlled items
- Set up and manage inventory reservations
- Handle project-specific inventory transactions
- Configure and use material status control
Topic 6: Consigned Inventory from Suppliers10%- Create consumption advice
- Manage ownership transfers and returns
- Explain consignment inventory process flow
Topic 7: Integration and Orchestration10%- Integrate with external systems via ADFDi and FBDI
- Use Supply Chain Orchestration
Topic 8: Inventory Transactions20%- Create subinventory transfers and miscellaneous transactions
- Relate inventory transactions to manufacturing processes
- Execute picking and shipping operations
- Manage movement requests and transfer orders
- Perform receiving and putaway transactions
- Process interorganization transactions
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

Question #1

Your customer is a very large organization spanning across multiple countries. Their legal requirements, Human Resource Policies, and Functional Currencies for Ledger are different for each country. Your customer wants to maintain 10 different companies in the system.
Which combination meets this requirement?

A. 10 Enterprises, 10 Divisions, where each division has its own legal entity and ledger
B. 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger
C. 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
D. 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger


Question #2

Which three statements are true regarding PAR Location Management?

A. 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.
B. PAR location management replenishment are calculated at the organization level or subinventory level.
C. Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.
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


Question #3

Your client wants certain inventory items of high importance to be counted periodically to improve the average level of inventory accuracy.
What type of counting would you recommend?

A. Serialized Count
B. Cycle Count
C. Zero Quantity Count
D. Manual Count
E. Blind Count


Question #4

Your customer has a complex financial reporting structure.
Which three elements should you define first in order to form a basis for this reporting?

A. Legal, Autonomy, and Operational
B. Tax, Legal, and Industry
C. Managerial, Operational, and Industry
D. Legal, Managerial, and Functional


Question #5

You have an organization that runs both its domestic and international business from the same offices. However, the organization does not want the domestic side of the business to be able to transact on the international side, even though they are selling the same material.
How do you configure your enterprise to meet this requirement?

A. Set up the domestic and international businesses as separate projects.
B. Use data access security to separate what each customer can control.
C. Set up the domestic and international businesses as separate business units.
D. Set up the domestic and international businesses as separate cost centers.
E. Set up the domestic and international businesses as separate operating units.


Solutions:

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

1Z0-1073-23 Related Exams
1Z0-1073-21 - Oracle Inventory Cloud 2020 Implementation Essentials
1Z1-1073 - Oracle Inventory Cloud 2019 Implementation Essentials
1z0-1073-25 - Oracle Inventory Cloud 2025 Implementation Professional
1z0-1073-20-JPN - Oracle Inventory Cloud 2020 Implementation Essentials (1z0-1073-20日本語版)
1z0-1073-22 - Oracle Inventory Cloud 2022 Implementation Professional
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