Learn with Oracle : 1Z0-1073-23 training material for 100% pass

Updated: Sep 16, 2026

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Oracle 1Z0-1073-23 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Inventory Cloud 2023 Implementation Professional
Exam Number:1Z0-1073-23
Exam Duration:90 minutes
Exam Price:USD 245 (may vary by country/region)
Available Languages:English
Exam Format:Multiple Response, Multiple Choice
Related Certifications:Oracle Inventory Management Cloud
Oracle SCM Cloud Certifications
Oracle Cloud ERP Certifications
Certificate Validity Period:2 years (Oracle Cloud certification validity may vary by program update)
Real Exam Qty:50-60
Recommended Training:Oracle SCM Cloud Learning Path
Oracle Inventory Management Cloud Training
Exam Registration:Oracle Certification Registration
Sample Questions:Oracle 1Z0-1073-23 Sample Questions
Exam Way:Online proctored or testing center (Oracle-approved exam delivery partner)
Pre Condition:Recommended: Basic understanding of Oracle Cloud SCM and Inventory Management concepts. No strict mandatory prerequisites listed by Oracle.
Official Syllabus URL:https://education.oracle.com/

Oracle 1Z0-1073-23 Exam Syllabus Topics:

SectionObjectives
Topic 1: Inventory Transactions and Execution- Receipts, issues, transfers, and adjustments
- Material movement and transaction processing rules
Topic 2: Inventory Valuation and Costing- Cost accounting integration
- Cost methods and valuation principles
Topic 3: Inventory Management Fundamentals- Inventory structure and organization setup
- Item and warehouse configuration basics
Topic 4: Inventory Controls and Compliance- Inventory controls, cycle counts, and auditing
- Subinventory and locator management
Topic 5: Reporting and Integration- Inventory reporting and analytics
- Integration with Oracle SCM Cloud modules

Oracle Inventory Cloud 2023 Implementation Professional Sample Questions:

Question #1

Which three types of jurisdictions should be considered while designing the Enterprise Structure? (Choose three.)

  • A. Obligatory Jurisdiction
  • B. Identifying Jurisdiction
  • C. Labor Jurisdiction
  • D. Income Tax Jurisdiction
  • E. Local Jurisdiction
  • F. Transaction Tax Jurisdiction
Reveal Solution  Discussion  0

Correct Answer: A,E,F  🗳️

Question #2

You have a high value item that you want to audit on an unscheduled basis to deter pilfering.
Which two methods could you use to do this?

  • A. ABC Count
  • B. Based on Item Category
  • C. Blind Inventory Count
  • D. Automated Cycle Count
  • E. Manual Cycle Count
Reveal Solution  Discussion  0

Correct Answer: B,C  🗳️

Question #3

You need to load on-hand balances for go live. Which template should be used for this?

  • A. InventoryBalanceImportTemplate.xlsm
  • B. InventoryReservationImportTemplate.xlsm
  • C. InventoryTransactionImportTemplate.xlsm
  • D. InventoryMiscellaneousTrxTemplate.xlsm
  • E. InventoryOnHandBalanceTemplate.xlsm
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #4

Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?

  • A. Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.
  • B. Expense destination transfers are expensed upon delivery hitting an expense account instead of an inventory asset account as would be the case for inventory destination transfers.
  • C. If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there will not be a delivery transaction in inventory.
  • D. Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.
  • E. If the receipt is not required, Cost Accounting will pick up both the issue and receipt activity from the single inventory transaction "Transfer Order Issue".
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Question #5

Cost Accounting captures costed transactions that are picked up by the cost processor for all of the following but one - which is NOT, and picked up by the cost processor?

  • A. Shipping, receiving, and inventory transactions from manufacturing
  • B. Period close adjusting journal entries for payroll
  • C. Resource transactions are interfaced directly from Manufacturing
  • D. Invoices and revenue are interfaced from Fusion Receivables
  • E. Payable invoices are interfaced from Fusion Payables
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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