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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions (Q20-Q25):

NEW QUESTION # 20
Which three statements about project specific picking process are correct? (Choose three.)

A. Picks with same project and task can be grouped to single pick slip.
B. Pick release of movement request allocates common inventory prior to project specific inventory.
C. Shipment lines with project task can be created in shipping organization not enabled for projects.
D. Picks can be searched by project and task number.

Answer: A,B,D

NEW QUESTION # 21
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. Shipping Movement Request
B. Automatic Movement Request Requisitions
C. Movement Request Requisitions
D. Replenishment Movement Request
E. Pick Wave Movement Request

Answer: B

NEW QUESTION # 22
Which three statements about cost organization are correct? (Choose three.)

A. A cost organization can have one or more inventory organizations.
B. Profit center business unit can have one or more inventory organizations.
C. All inventory organizations of a cost organization need to within the same business unit.
D. Profit center business units can have only one cost organization.

Answer: B,C,D

NEW QUESTION # 23
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. 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.
B. 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.
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.

Answer: E

NEW QUESTION # 24
Identify the correct sequence of consigned inventory process flow.

A. Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer - Consumption advice sent to supplier
B. Consignment order sent to supplier - Consignment agreement creation - Consumption advice sent to supplier - Consigned inventory received by buyer
C. Consignment agreement creation - Consignment order sent to supplier - Consigned inventory received by buyer - Consumption advice sent to supplier
D. Consumption advice sent to supplier - Consignment order sent to supplier - Consignment agreement creation - Consigned inventory received by buyer

Answer: C

NEW QUESTION # 25
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