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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions (Q45-Q50):

NEW QUESTION # 45
Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)

A. Receipt Accounting is the application that performs the accrual accounting for all types of receipts.
B. Cost method can be defined granularity down to individual items.
C. Supply Chain Orchestration automatically selects the correct process based on user-defined subleadger accounting rules when a supply creation is initiated.
D. Landed Cost Management gives organizations financial visibility into their extended supply chain costs.

Answer: A,B,D

NEW QUESTION # 46
Cost Accounting captures costed transactions that are picked up by the cost processor for all of the following but one - which is NOT, and picked up by the cost processor?

A. Shipping, receiving, and inventory transactions from manufacturing
B. Resource transactions are interfaced directly from Manufacturing
C. Period close adjusting journal entries for payroll
D. Invoices and revenue are interfaced from Fusion Receivables
E. Payable invoices are interfaced from Fusion Payables

Answer: B

NEW QUESTION # 47
Your client has decided that Discrete Manufacturing will be implemented at a future stage, so any new supply from current manufacturing will be added to current inventory by the Open Transactions Interface. The immediate requirement is to go live with Inventory and Order Management.
Which two seeded transaction types can be omitted for material status control?

A. Miscellaneous Issues and Receipts
B. All Internal Transactions
C. Average Cost Update
D. All Transaction Types Related to Work in Process
E. Backflush Subinventory Transfer

Answer: A,E

NEW QUESTION # 48
A user is performing a material return transaction against excess stock in an Inventory organization; however, the user fails to select the Physical Material Return Required check box.
What happens?

A. It is considered as accounting-only return
B. A transfer order line remains open
C. Shipment lines are created
D. Stock is reserved

Answer: D

NEW QUESTION # 49
Your company has multiple inventory organizations where goods are transferred internally. A user has created a new organization but the new organization is unavailable when creating an interorganization transfer.
What is the missing setup?

A. The destination organization transfer type is In Transit.
B. Interorganization Parameters are not set up between the organizations.
C. The source and destination organization doesn,t belong to the same legal entity.
D. Inventory organization data access for users is not set up.

Answer: D

NEW QUESTION # 50
......

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Pass Guaranteed Oracle - 1Z0-1073-23 - Oracle Inventory Cloud 2023 Implementation Professional Test Lab Questions

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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions (Q45-Q50):

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