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  • Total Questions: 76
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Oracle 1Z0-1023 Exam Overview:

Certification Vendor:Oracle
Exam Name:Oracle Inventory Management and Enterprise Structures Cloud 2018 Implementation Essentials
Exam Number:1Z0-1023
Passing Score:67%
Certificate Validity Period:Retired, no expiration
Available Languages:English
Real Exam Qty:70-75
Related Certifications:Oracle Supply Chain Management Cloud 2018 Certified Implementation Specialist
Exam Price:USD $245
Exam Format:Multiple Choice, Multiple Select
Exam Duration:120 minutes
Recommended Training:Oracle Inventory Cloud Implementation Training
Oracle SCM Cloud Learning Subscription
Exam Registration:Pearson VUE
Oracle Certification Portal
Sample Questions:Oracle 1Z0-1023 Sample Questions
Exam Way:Retired exam; previously available via Pearson VUE: onsite testing center or online remote proctoring
Pre Condition:No mandatory prerequisites; recommended implementation experience with Oracle Inventory Cloud
Official Syllabus URL:https://education.oracle.com/oracle-inventory-management-and-enterprise-structures-cloud-2018-implementation-essentials/trackp_1023

Oracle 1Z0-1023 Exam Syllabus Topics:

SectionWeightObjectives
Inventory Organizations and Items25%- Inventory setup
  • 1. Subinventories and locations
    • 2. Item master and catalog setup
      • 3. Item organization configuration
        • 4. Lot, serial, and material status control
          Enterprise Structures20%- Enterprise structure configuration
          • 1. Legal entities and jurisdictions
            • 2. Reference data sets and sharing
              • 3. Business units and reporting structures
                • 4. Financial and management reporting models
                  Inventory Accuracy and Integration15%- Counting and orchestration
                  • 1. Supply chain orchestration flows
                    • 2. Integration with manufacturing and procurement
                      • 3. Cycle counting and physical inventory
                        Inventory Transactions25%- Transaction processing
                        • 1. Lot/serial controlled transactions
                          • 2. Consigned inventory and returns
                            • 3. Movement requests and transfer orders
                              • 4. Miscellaneous and inter-organization transfers
                                Inventory Planning and Replenishment15%- Replenishment methods
                                • 1. Min-max planning setup and calculation
                                  • 2. Back-to-back processing
                                    • 3. Item availability and reservations

                                      Everything You Want to Know About the Oracle Inventory Cloud 2018 Implementation Essentials (1Z0-1023) Exam

                                      The 1Z0-1023 exam, officially titled Oracle Inventory Cloud 2018 Implementation Essentials, is the Oracle exam you pass to earn the Oracle Inventory Management Cloud 2018 Certified Implementation Specialist certification, a credential at the Specialist level. Passing it confirms the skills defined in the official exam outline, and it is associated with related credentials such as Oracle Supply Chain Management Cloud 2018 Certified Implementation Specialist.

                                      The 1Z0-1023 exam includes 70-75 questions and gives you 120 minutes to finish them. That is a tight pace per question, so get used to reading each stem once, flagging anything uncertain, and moving on rather than getting stuck. Running timed practice tests in the Fast2test desktop or online test engine is the most reliable way to build that rhythm before exam day.

                                      The passing score for the 1Z0-1023 exam is 67%, and the official registration fee is USD $245. Keep in mind that a failed attempt means paying USD $245 again in full to retake it, so book your slot only when your scores on Fast2test practice tests sit consistently above the passing line.

                                      Oracle lists the following prerequisites or eligibility notes for the 1Z0-1023 exam: No mandatory prerequisites; recommended implementation experience with Oracle Inventory Cloud. Requirements can change over time, so confirm the details on the official exam page at Oracle's official site before you register.

                                      You can register for the 1Z0-1023 exam through the official channels below:

                                      The exam is delivered in the following format: Retired exam; previously available via Pearson VUE: onsite testing center or online remote proctoring. Choose a date that leaves you enough time to work through the full 76-question practice set first.

                                      Oracle recommends the following training resources for 1Z0-1023 candidates:

                                      Official courses build the theory, and the 76 practice questions from Fast2test help you turn that theory into exam-ready speed and accuracy.

                                      Yes. Fast2test offers a free PDF demo of the 1Z0-1023 material, so you can check the question style and answer quality before purchasing. Every purchase also includes 365 days of free updates, and if your product expires you can extend the update service at a 50% discount from your member zone.

                                      Your purchase is protected by a 100% Money Back Guarantee with clear conditions: if you take the corresponding 1Z0-1023 exam within 60 days of purchase and do not pass, you can apply for a full refund. The candidate name must match the payer name, and you need to submit a scanned exam enrollment slip together with the official Score Report PDF within 2 days of taking the exam; claims are processed within 7 days. Sitting the exam within 3 days of purchase, downloading without taking the exam, free materials, and expired orders are not covered. If you would rather not take a refund, you can exchange your order for two free exam products of equal value and keep the update service on your original purchase.

                                      Delivery is instant: your download links are emailed within one minute of payment, and you can also download directly from the website. If nothing arrives within 2 hours, contact customer service and check your spam folder. There is no limit on how many computers you can install the material on.

                                      The 1Z0-1023 exam blueprint is divided into 5 domains, starting with Inventory Planning and Replenishment (15%); Inventory Organizations and Items (25%); Inventory Accuracy and Integration (15%). For the complete domain-by-domain breakdown, see the Exam Topics section above — it lists every topic the current outline covers.

                                      Oracle Inventory Cloud 2018 Implementation Essentials Sample Questions:

                                      Which three applications originate a buy request that is received by supply chain orchestration?

                                      • A. Accounts Payable
                                      • B. Order Management
                                      • C. Self Service Procurement
                                      • D. Planning
                                      • E. Inventory
                                      • F. Purchasing
                                      Reveal Solution  Discussion  0

                                      Correct Answer: B,D,E  🗳️

                                      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?

                                      • 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 after three days you transfer the ownership using the "create transfer to consigned transaction" task.
                                      • C. You received the goods today and you transfer the ownership using the "create transfer to owned transaction" task.
                                      • D. You received the goods today and after six days you decide to 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 you decide to issue the goods after three days without transferring the ownership.
                                      Reveal Solution  Discussion  0

                                      Correct Answer: A,C,F  🗳️

                                      Your customer wants you to restrict the values of Receivables Transaction Type for their three business units. You created three reference data sets for each business unit. However, the user is still able to see the values in the Transaction Type list of values which are not defined in the business unit data set.
                                      What is the reason for this behavior?

                                      • A. Reference Data Sets cannot be used uniquely across business units. They can only be used at the Legal Entity level.
                                      • B. The user has multiple Business Unit Roles and, therefore, is able to see additional values.
                                      • C. Receivables Transaction Types are common across business units.
                                      • D. The user is seeing the values defined in the common set. The values should be removed from the common set.
                                      Reveal Solution  Discussion  0

                                      Correct Answer: D  🗳️

                                      Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back.
                                      What is the process of returning the material?

                                      • A. You have to cancel the invoice and send the material back without changing the ownership.
                                      • B. You have to transfer the ownership of item and perform the return transaction.
                                      • C. Return the material and create a debit memo for the supplier.
                                      • D. You cannot return consigned items that are invoiced and paid. Treat the material as scrap.
                                      Reveal Solution  Discussion  0

                                      Correct Answer: C  🗳️

                                      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
                                      Reveal Solution  Discussion  0

                                      Correct Answer: D  🗳️

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