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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions (Q38-Q43):
NEW QUESTION # 38
What are the two scenarios that allow you to update the lot control option for an item?
- A. No open sales order exists for the item.
- B. Item has zero on-hand quantity.
- C. Item material status is Active.
- D. No open internal order exists for the item.
Answer: A,B
NEW QUESTION # 39
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. Zero Quantity Count
- B. Serialized Count
- C. Manual Count
- D. Blind Count
- E. Cycle Count
Answer: E
NEW QUESTION # 40
Reorder quantities for an item subinventory are calculated using Fixed Lot Multiple and Round Order Quantity. Assume that the reorder quantity is 24 and you specify 10 for the fixed lot multiple and enable rounding the reorder quantity.
What will be the reorder quantity?
Answer: D
NEW QUESTION # 41
Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and organizations apart from the received 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item validation for item A is still zero.
What is the reason?
- A. Items are not consigned items but ownership is still with the supplier.
- B. Items are not consigned items and ownership is with the organization.
- C. Items are consigned and ownership is transferred to "owned".
- D. Items are consigned items and ownership lies with the supplier.
Answer: D
NEW QUESTION # 42
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. 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions
- C. 1 Enterprise, 10 Divisions, where each division has its own legal entity and ledger
- D. 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger
Answer: C
NEW QUESTION # 43
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