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Oracle Inventory Cloud 2023 Implementation Professional Sample Questions (Q66-Q71):

NEW QUESTION # 66
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, Autonomy, and Operational
C. Tax, Legal, and Industry
D. Legal, Managerial, and Functional

Answer: B

NEW QUESTION # 67
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 legal entity and ledger
C. 10 Enterprises, 1 Division, where each division has 10 legal entities and 1 ledger
D. 1 Enterprise, 10 Divisions, where each division has its own ledger with common legal entity across all divisions

Answer: B

NEW QUESTION # 68
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. Movement Request
B. Transfer Order
C. Account Alias
D. Work Order
E. On Hand
F. Requisition

Answer: F

NEW QUESTION # 69
While negotiating the terms of the consignment agreement, the buyer and the supplier mutually agree to set the aging onset point as receipt and the aging period as five days. The terms also say that the consumption advice will be generated daily.
In which three scenarios will the goods be transferred from the supplier's ownership to buyer's ownership? (Choose three.)

A. You received the goods today and for the next one week you do not plan any action on the same.
B. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
C. You received the goods today and you decide to issue the goods after three days without transferring the ownership.
D. You received the goods today and after three days you transfer the ownership using the "create transfer to consigned transaction" task.
E. You received the goods today and after four days you return the material to the supplier.
F. You received the goods today and after six days you decide to transfer the ownership using the "create transfer to consigned transaction" task.

Answer: C,D,E

NEW QUESTION # 70
You face a supply request exception due to some reason. You realize that you need to make some changes to the Manage Supply Request Exceptions page.
Which action will you perform?

A. The supply request cannot be updated. The only way is to resolve the error in the source application and resubmit the request.
B. Update the supply request and make sure errors are resolved before resubmitting it.
C. The supply request can be updated using a third-party application only.
D. Update the supply request and submit it. The errors will be resolved automatically.

Answer: A

NEW QUESTION # 71
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