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Oracle Inventory Cloud 2024 Implementation Professional

Last Update Feb 22, 2025
Total Questions : 89 With Comprehensive Analysis

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Oracle Inventory Cloud 2024 Implementation Professional Questions and Answers

Questions 1

Your supplier is using the Supplier Portal and sends you an Advance Shipment Notice (ASN) whenever they ship goods. You have already created a consignment agreement with this supplier with the following consignment terms:

Aging Onset Point: Shipment

• Aging Period Days:3 Consumption Advice Frequency: Daily

• Consumption Advice Summary: All Organizations

For some reason, it took five days for the goods to arrive, and you have noticed that the goods are damaged. You have now decided to send them back.

At that point, when you return the goods, who is the owner of the goods?

Options:

A.

The goods are still under the supplier's ownership.

B.

The goods are under the buyer's ownership.

C.

The goods are under nobody's ownership because they were damaged in transit.

D.

The goods are under third-party ownership who is the shipping service provider.

Questions 2

Your consumption advice frequency is weekly and the billing cycle closing date is November 7, 2022. What happens when the Create Consumption Advice process is run on November 10, 2022?

Options:

A.

A consumption advice is generated and the next closing date is set to November 14, 2022.

B.

No consumption advice is generated and the next closing date is set to November 17, 2022.

C.

No consumption advice is generated. (*)

D.

The consumption advice is generated and the next closing date is set to November 17, 2022.

Questions 3

In your shipment integration between inventory cloud and the 3PL system, some shipment confirmation messages have errored.

How do you manage these pending transactions?

Options:

A.

Use the Manage Shipping Transaction Corrections in Spreadsheet task.

B.

Use the Manage Pending Transactions Corrections task.

C.

Use the Manage Shipment Message Interface task.

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