Real Oracle 1Z0-1073-23 practice exam questions for easy pass!
Last Updated: Jul 25, 2026
No. of Questions: 81 Questions & Answers with Testing Engine
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| Section | Objectives |
|---|---|
| Inventory Management Fundamentals | - Inventory structure and organization setup - Item and warehouse configuration basics |
| Reporting and Integration | - Integration with Oracle SCM Cloud modules - Inventory reporting and analytics |
| Inventory Valuation and Costing | - Cost methods and valuation principles - Cost accounting integration |
| Inventory Controls and Compliance | - Subinventory and locator management - Inventory controls, cycle counts, and auditing |
| Inventory Transactions and Execution | - Receipts, issues, transfers, and adjustments - Material movement and transaction processing rules |
1. As part of implementing Oracle Cloud for your customer, you defined multiple Business Units. The customer wants you to define an Inventory Organization that is associated with all the business units and not just one particular business unit.
How do you achieve this?
A) Leave the Management Business Unit field blank in the Inventory Organization definition.
B) Define the Inventory Organization without associating it with any location.
C) It is not possible to define an Inventory Organization that is associated with more than one business unit.
D) Leave the Profit Center Business Unit field blank in the Inventory Organization definition.
2. An inventory transaction is imported to the system through an FBDI template.
Which transaction state denotes that an inventory transaction is created in the Oracle Cloud Inventory Management application?
A) New
B) Deferred
C) Created
D) Validated
E) Staged
3. 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) Tax, Legal, and Industry
B) Managerial, Operational, and Industry
C) Legal, Managerial, and Functional
D) Legal, Autonomy, and Operational
4. Your customer wants you to restrict the values of Receivables Transaction Type for their three business units. You created three reference data sets for each business unit. However, the user is still able to see the values in the Transaction Type list of values which are not defined in the business unit data set.
What is the reason for this behavior?
A) The user is seeing the values defined in the common set. The values should be removed from the common set.
B) Reference Data Sets cannot be used uniquely across business units. They can only be used at the Legal Entity level.
C) Receivables Transaction Types are common across business units.
D) The user has multiple Business Unit Roles and, therefore, is able to see additional values.
5. 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) Cycle Count
C) Blind Count
D) Serialized Count
E) Manual Count
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: B |
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