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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions (Q52-Q57):

NEW QUESTION # 52
Which two statements are true in regard to using the Enterprise Structures Configurator?

A. It recommends job and position structures.
B. It allows you to create your Enterprise, Business Units, and Warehouses in a single step.
C. You cannot modify the recommendation from the tool. You must do it after you perform the initial configuration.
D. It creates the chart of accounts.
E. The guided interview-based process helps you set up the enterprise with best practices.

Answer: B,E

NEW QUESTION # 53
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. Landed Cost Management gives organizations financial visibility into their extended supply chain costs.
D. Cost method can be defined granularity down to individual items.

Answer: B,C,D

NEW QUESTION # 54
What are the two scenarios that allow you to update the lot control option for an item?

A. No open internal order exists for the item.
B. Item material status is Active.
C. Item has zero on-hand quantity.
D. No open sales order exists for the item.

Answer: C,D

NEW QUESTION # 55
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. No consumption advice is created.
B. Consumption advice is created and the next closing date is set to 30th October, 2020.
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.

Answer: D

NEW QUESTION # 56
Your company has established inventory balances integration with 3PL system.
Which option cannot be achieved out of the box using this integration?

A. Import inventory balance message in bulk.
B. Compare and automatically report inventory mismatches.
C. Resolve processing exceptions.
D. Purge inventory balance message periodically.

Answer: A

NEW QUESTION # 57
......

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