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 #25

The physical inventory process is carried out for a particular inventory organization with the following parameters:
Negative Quantity Tolerance Percentage is set to 10%
Approval Type = 'Always'
The system says that there are 100 on hand, but you only counted 95. What will happen?

A. The setup is invalid; it will give an error message.

B. An approval will be required before posting,

C. Because the 95 is within the 10% tolerance, it will post without approval.

D. The system will ask a user to recount before posting.

Discussion 0

Correct Answer: C Vote an answer

Question #26

What three Key Performance Indicators are available in the Warehouse Operations Dashboard?

A. Hit or Miss Accuracy

B. Shipment Value

C. Inventory Value

D. Exact Matches Rate

E. Cycle Count

F. Distributed Value

Discussion 0

Correct Answer: A,C,D Vote an answer

Question #27

A. Option B

B. They have a central warehouse in USA and after the goods are delivered to this warehouse, they are distributed across multiple additional warehouses. The warehouses are managed separately from the requisitioning units.
For requesting material they have two units. One located in USA that monitors the current stock. They are responsible for creating requisition for any material shortage in USA. They have another location in Canada for requesting material.
Which setup fulfills this scenario?

C. Option D

D. Option C

E. Option A

Discussion 0

Correct Answer: D Vote an answer

Question #28

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. Update the supply request and make user errors are resolved before resubmitting it.

B. Update the supply request and submit it. The errors will be resolved automatically.

C. The supply request cannot be updated. The only way is to resolve the error in the source application and resubmit the request.

D. The supply request can be updated using a third-party application only.

Discussion 0

Correct Answer: C Vote an answer

Question #29

Your company is an automobile spares manufacturing organization, which follows a discrete process. It has its own manufacturing and distribution centers located globally.
It has these business units:

These are the inventory organizations that exist in each business unit:

Which two statements are true?

A. Items cannot be assigned to inventory organizations across business units.

B. Items defined in the GM organization can be assigned to US1, US2, NL1, and MX1 inventory organizations.

C. All inventory organizations do not need to be in the same business unit to assign items.

D. Operational Attributes can be controlled only at the Master Level.

E. You can define an item in the IN1 inventory organization and assign it to the DE1 inventory organization.

F. Items organizations are also supported to serve as inventory organizations.

Discussion 0

Correct Answer: B,C Vote an answer

Question #30

Which three statements are true for an expense destination transfers that does NOT require a receipt at destination inventory organization?

A. A receipt is required on interorganization expense destination transfer orders between the from and to organizations.

B. The transfer order is considered received and delivered at the time of shipment.

C. The destination inventory is not incremented.

D. There is no cost associated to the transaction.

E. There is no put away transaction in Inventory since item is expensed.

Discussion 0

Correct Answer: A,C,E Vote an answer

Question #31

Your organization is using min-max planning to replenish stock and the planning parameters are set at item organization level with a default subinventory:
Item: A, Min Qty: 25, Max Qty: 150 and Current Level: 20
The item above is purchased from a supplier. Although there is subinventory on hand, the subinventory is below the minimum required level. This should trigger a Min-Max report entry, but the requisition is not generated. Why?

A. Min-max planning can be performed at the Organization level.

B. Rounding the Reorder Quantity is disabled.

C. Fixed lot multiplier is not set.

D. No value has been set for the "Min-Max Replenishment Reorder Approval" profile.

E. Item is not defined in Manage Item Subinventories.

Discussion 0

Correct Answer: E Vote an answer

Question #32

A supply request has been received in supply chain orchestration. Both organizations belong to the same legal entity and they do not have a buy-sell relationship between them.
Which type of execution document can fulfill the supply request?

A. Sales Order

B. Purchase Requisitions

C. Purchase Order

D. Transfer Order

Discussion 0

Correct Answer: D Vote an answer

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