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Oracle 1Z0-1073-21 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Inventory Cloud 2020 Implementation Essentials
Exam Number:1Z0-1073-21
Exam Price:245 USD
Exam Duration:90 minutes
Related Certifications:Oracle SCM Cloud Implementation Specialist
Certificate Validity Period:18 months
Passing Score:68%
Real Exam Qty:55
Available Languages:English
Exam Format:Multiple Choice, Multiple Select
Recommended Training:Oracle Inventory Cloud Implementation Training
Oracle Cloud Learning Subscription
Exam Registration:Oracle Exam Page
Pearson VUE Registration
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored or in-person at Pearson VUE test centers
Pre Condition:No mandatory prerequisites; hands-on experience with Oracle Inventory Cloud recommended
Official Syllabus URL:https://education.oracle.com/oracle-inventory-cloud-2021-implementation-essentials/pexam_1Z0-1073-21

Oracle 1Z0-1073-21 Exam Syllabus Topics:

SectionObjectives
Costing and Integration- Cost fundamentals and system integration
  • 1. Integrate inventory with other Oracle Cloud modules
    • 2. Use OTBI for inventory reporting and analytics
      • 3. Basics of managerial and cost accounting
        Inventory Transactions- Perform and manage inventory movements
        • 1. Subinventory transfers and miscellaneous transactions
          • 2. Receiving, putaway, and shipping processes
            • 3. Inter-organization transfers
              • 4. Consignment and ownership transfers
                Enterprise Structures and Inventory Configurations- Design enterprise configuration
                • 1. Define legal entities, business units, and inventory organizations
                  • 2. Configure units of measure and material status control
                    • 3. Set up subinventories, locators, and item attributes
                      Inventory Planning and Counting- Replenishment and accuracy control
                      • 1. Set up and run Min-Max planning
                        • 2. Perform physical inventory and adjustments
                          • 3. Define cycle counting parameters
                            Supply Chain Orchestration- Process flows and exceptions
                            • 1. Manage back-to-back order flows and exceptions
                              • 2. Overview of supply chain orchestration
                                • 3. Use Supply Lines work area

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                                  Through the official channel: Oracle Exam Page Pearson VUE Registration Create an account, pick a test center or online proctoring, choose your date, and pay the fee to confirm your seat.
                                  The official Oracle Inventory Cloud 2020 Implementation Essentials outline distributes weight like this:
                                  • Supply Chain Orchestration ()
                                  • Costing and Integration ()
                                  • Inventory Transactions ()
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                                  You need 68% to pass, and the registration fee is 245 USD. Time is precious, and so is that fee — earlier preparation with verified PrepAwayTest material protects both.
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                                  Oracle Inventory Cloud Implementation Training Oracle Cloud Learning Subscription An official course supplies structured theory, while the verified PrepAwayTest bank provides the timed rehearsal — a combination that covers the exam from both sides.
                                  No mandatory prerequisites; hands-on experience with Oracle Inventory Cloud recommended
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                                  Oracle Inventory Cloud 2020 Implementation Essentials Sample Questions:

                                  Your client is about to define their primary ledger.
                                  Which set of three primary attributes do they need to know in order to complete this?

                                  • A. Chart of Accounts, Description, andAccounting Method
                                  • B. Currency, Description, and Accounting Method
                                  • C. Chart of Accounts, Ledger Balance, and Accounting Method
                                  • D. Chart of Accounts, Accounting Calendar, and Currency
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

                                  Your customer has received 50 boxes of item A (priced at $10 per box) and these items are transferred to the asset Inventory organization. There are no additional quantities in any of the inventory organizations apart from the received 50 boxes. After running all the necessary cost accounting and organizations apart from thereceived 50 boxes. After running all the necessary cost accounting and receipt accounting processes successfully, the item validation for item A is still zero.
                                  What is the reason?

                                  • A. Items are not consigned items but ownership is still with the supplier.
                                  • B. Items are consigned and ownership is transferred to "owned".
                                  • C. Items are not consigned items and ownership is with the organization.
                                  • D. Items are consigned items and ownership lies with the supplier.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

                                  Your customer has a requirement across their 10 warehouses, each with different users. They would like that whenever a warehouse userlogs in, their default warehouse should get populated.
                                  How will you achieve this?

                                  • A. Set the profile option INV_DEFAULT_ORG_ID at role level for each role (different roles for different warehouses).
                                  • B. Set the profile option INV_DEFAULT_WHSE_ID at user level for each user.
                                  • C. Set the profile option INV_DEFAULT_ORG_ID at site level.
                                  • D. Set the profile option INV_DEFAULT_WHSE_ID at site level.
                                  • E. Set theprofile option INV_DEFAULT_ORG_ID at user level for each user.
                                  • F. Set the profile option INV_DEFAULT_WHSE_ID at role level (different roles for different warehouses).
                                  Reveal Solution  Discussion  0

                                  Correct Answer: E  🗳️

                                  Your client wants certain inventory items of high importance to be counted periodically to improve the average level of inventory accuracy.
                                  What type of counting would you recommend?

                                  • A. Serialized Count
                                  • B. ManualCount
                                  • C. Blind Count
                                  • D. Zero Quantity Count
                                  • E. Cycle Count
                                  Reveal Solution  Discussion  0

                                  Correct Answer: E  🗳️

                                  Which two statements are true in regard to using the EnterpriseStructures Configurator?

                                  • A. You cannot modify the recommendation from the tool. You must do it after you perform the initial configuration.
                                  • B. The guided interview-based process helps you set up the enterprise with best practices.
                                  • C. It allows you to create your Enterprise, Business Units, and Warehouses in a single step.
                                  • D. It creates the chart of accounts.
                                  • E. It recommends job and position structures.
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B,C  🗳️

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