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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions (Q60-Q65):

NEW QUESTION # 60
Which three statements about the main areas of Managerial Accounting are correct? (Choose three.)

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

Answer: B,C,D


NEW QUESTION # 61
A third-party service equipment is used for various purposes in a manufacturing facility and needs to be overhauled once a year. This equipment is charged based on its consumption without a project dependency.
At this point, it should be transferred out to the vendor's warehouse for maintenance and then returned back in the future depending upon the requirement.
The material stock transfer should happen with an offline approval and with an account alias as a logical reference.
What is the ideal way to handle this process?

  • A. Subinventory Transfer
  • B. Miscellaneous Transaction
  • C. Move Request
  • D. Requisitions
  • E. Transfer Order

Answer: B


NEW QUESTION # 62
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. Invoices and revenue are interfaced from Fusion Receivables
  • B. Shipping, receiving, and inventory transactions from manufacturing
  • C. Period close adjusting journal entries for payroll
  • D. Payable invoices are interfaced from Fusion Payables
  • E. Resource transactions are interfaced directly from Manufacturing

Answer: E


NEW QUESTION # 63
Your are in the process of analyzing the demand and supply schedules for the item based on high level reservations.
Identify the reservation document type that would be applicable to both supply as well as demand.

  • A. Account Alias
  • B. Work Order
  • C. Requisition
  • D. Transfer Order
  • E. Movement Request
  • F. On Hand

Answer: C


NEW QUESTION # 64
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. Validated
  • B. Created
  • C. New
  • D. Staged
  • E. Deferred

Answer: E


NEW QUESTION # 65
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