Oracle 1Z0-1023 Actual Free Exam Questions & Community Discussion

Exam Code/Number: 1Z0-1023
Exam Name/Title: Oracle Inventory Cloud 2018 Implementation Essentials
Certification Provider: Oracle
Corresponding Certification: Oracle Inventory Management Cloud

Exam Questions: 76
Updated On: Jul 12, 2026

Question #17

A user is performing a material return transaction against excess stock in an Inventory organization; however, the user fails to select the Physical Material Return Required check box.
What happens?

A. A transfer order line remains open

B. Shipment lines are created

C. It is considered as accounting-only return

D. Stock is reserved

Discussion 0

Correct Answer: C Vote an answer

Question #18

A. They have the East Coast sales team and the Central sales team. Both teams are handled by one manager and perform the same function.
Your customer wants to track the expenses of the two teams separately; however, they do not consider them different as they are handled by one manager only.
How will you fulfill the requirement?

B. Define them as two separate departments and a single cost center.

C. It is not possible to fulfill the requirement.

D. Define them as one department and one cost center.

E. Define them as a single department and two separate cost centers.

Discussion 0

Correct Answer: E Vote an answer

Question #19

You have an organization that runs both its domestic and international business from the same offices. However, the organization does not want the domestic side of the business to be able to transact on the international side, even though they are selling the same material.
How do you configure your enterprise to meet this requirement?

A. Set up the domestic and international businesses as separate projects.

B. Set up the domestic and international businesses as separate cost centers.

C. Use data access security to separate what each customer can control.

D. Set up the domestic and international businesses as separate business units.

E. Set up the domestic and international businesses as separate operating units.

Discussion 0

Correct Answer: D Vote an answer

Question #20

In the Back-to-Back (B2B) Order to Cash flow, ordered items are purchased from a suplier. The Sourcing Rules have been defined for the item and the buy flow has been initiated. The sales order line is shown as Awaiting Shipping and the supply line status is "In Purchasing" with the supply order generated but the purchase requisition not generating.
What is the reason?

A. The sourcing rule is incorrect.

B. Preparer is not valid.

C. No Blanket Purchase Agreement (BPA) exists for this supplier-item combination.

D. Buy requests originate from Order Management.

E. Supply order is generated with exceptions.

Discussion 0

Correct Answer: A Vote an answer

Question #21

Your client wants the purchasers to be able to run the min-max plan for items under their control and then manage the POs created out of these.
Which parameters can they use to be able to do this?

A. Sort by

B. From Planner to Planner

C. From Buyer to Buyer

D. From Item to Item

E. Planning Level

Discussion 0

Correct Answer: D Vote an answer

Question #22

Material is transferred between two subinventories within an organization via transfer order. The setup is complete and the transfer order is created through the FBDI process.
What is the primary interface data that needs to be completed in the template?

A. INV_TRANSACTIONS_INTERFACE

B. CST_I_INCOMING_TXN_COSTS

C. INV_SERIAL_NUMBERS_INTERFACE

D. INV_TRANSACTION_LOTS_INTERFACE

E. INV_SUBINVENTORY_TRANSFER

Discussion 0

Correct Answer: A Vote an answer

Question #23

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. Tax, Legal, and Industry

C. Legal, Autonomy, and Operational

D. Legal, Managerial, and Functional

Discussion 0

Correct Answer: D Vote an answer

Question #24

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. Validated

E. New

Discussion 0

Correct Answer: D Vote an answer

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