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Updated: Aug 11, 2026
No. of Questions: 81 Questions & Answers with Testing Engine
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Oracle 1Z0-1073-23 Exam Overview:
| Certification Vendor: | Oracle |
| Exam Name: | Oracle Inventory Cloud 2023 Implementation Professional |
| Exam Number: | 1Z0-1073-23 |
| Exam Price: | USD 245 (may vary by country/region) |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Real Exam Qty: | 50-60 |
| Exam Format: | Multiple Choice, Multiple Response |
| Certificate Validity Period: | 2 years (Oracle Cloud certification validity may vary by program update) |
| Related Certifications: | Oracle Cloud ERP Certifications Oracle Inventory Management Cloud Oracle SCM Cloud Certifications |
| Recommended Training: | Oracle SCM Cloud Learning Path Oracle Inventory Management Cloud Training |
| Exam Registration: | Oracle Certification Registration |
| Sample Questions: | Oracle 1Z0-1073-23 Sample Questions |
| Exam Way: | Online proctored or testing center (Oracle-approved exam delivery partner) |
| Pre Condition: | Recommended: Basic understanding of Oracle Cloud SCM and Inventory Management concepts. No strict mandatory prerequisites listed by Oracle. |
| Official Syllabus URL: | https://education.oracle.com/ |
Oracle 1Z0-1073-23 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Inventory Transactions and Execution | - Receipts, issues, transfers, and adjustments - Material movement and transaction processing rules |
| Inventory Valuation and Costing | - Cost methods and valuation principles - Cost accounting integration |
| Inventory Management Fundamentals | - Item and warehouse configuration basics - Inventory structure and organization setup |
| Inventory Controls and Compliance | - Subinventory and locator management - Inventory controls, cycle counts, and auditing |
| Reporting and Integration | - Integration with Oracle SCM Cloud modules - Inventory reporting and analytics |
Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:
1. Your organization is planning for a periodic counting of individual items throughout the year. As part of this activity, the user has loaded items to the cycle count but some of the items are not being considered when count schedules and count sequences are generated.
Which reason explains why the items are not being considered?
A) The Cycle Count Enabled flag is not selected for the inventory organization.
B) The Include in Schedule option is not selected to include the item for auto-scheduling.
C) The Cycle Count Enabled flag is not selected for the item.
D) The approval controls are not set up.
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) Deferred
B) Created
C) Staged
D) New
E) Validated
3. 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 source and destination organization doesn,t belong to the same legal entity.
B) Inventory organization data access for users is not set up.
C) The destination organization transfer type is In Transit.
D) Interorganization Parameters are not set up between the organizations.
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) Managerial, Operational, and Industry
B) Legal, Managerial, and Functional
C) Tax, Legal, and Industry
D) Legal, Autonomy, and Operational
5. While creating the consignment agreement, you have set the consumption advice frequency to "monthly" and the billing cycle close date to "31st August, 2020".
What will happen when you run the consumption advice process on 31st August, 2020?
A) Consumption advice is created and the next closing date is set to 30th October, 2020.
B) No consumption advice is created.
C) Consumption advice is created and the next closing date is set to 7th September, 2020.
D) Consumption advice is created and the next closing date is set to 30th September, 2020.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: D |
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