Explain the different levels of Inventory org structure ?
What is Operating Unit ?
What is Legal Entity ?
What is Inventory Organization ?
What is Set Of Books ?
In which setup you control the costing method ?
What is Item master organization ?
How many item master organization we can setup ?
What is Subinventory ?
What is Locator ?
Are Subinventory or Locators mandatory ?
Can you copy inventory org structure ?
What is shipping network ?
Explain UOM and UOM class ?
Explain Item status controls ?
How many Item attributes we can setup ?
How you can provide custom item attributes ?
What are status attributes ?
Explain the functionality of Item templates ?
How Item types are defined ?
Explain the use of cross-references ?
Explain Item categories ?
What is the difference between category and category set ?
How do you assign items to item categories ?
How do you load /import items ?
Explain the use of Item revisions ?
How do you search items ?
How do you delete items ?
What are deletion constraints ?
Can we have custom deletion constraints ?
What are different type of serial number uniqueness ?
How do you generate serial numbers ?
Can serial numbers and lot numbers co-exists for an item ?
Where do you enable or disable serial / lot number
capabilities for an item ?
What is material status ?
Explain the use of material status ?
List some of the seeded material transaction types ?
What are transaction sources ?
Can we have custom transaction sources / types ?
What are the benefits of account aliases ?
What is the difference between subinventory transfer and
move order ?
Can move orders support inter-organization transfer ?
What is miscellaneous transactions ?
Explain the use of shortage notifications ?
Where do you enable the shortage notifications ?
How do you do inter-org transfer ?
Is sales order mandatory for inter-org transfer ?
Explain the difference between direct transfer and
intransit transfer ?
Can we purge material transactions ?
Can we import material transactions through API ?
What is vendor managed Inventory (VMI) ?
What consigned Inventory ?
What is the difference between VMI & consigned inventory ?
Explain the life cycle of move orders ?
What are the different ways move orders are created ?
What forecasting methods oracle inventory supports ?
When do you generate forecast automatically and when do you
setup manually ?
Explain the min-max planning functionality ?
Explain the Re-Order Planning (ROP) process ?
What is the difference between Min-Max and ROP ?
What is safety stock ?
How safety stock is calculated ?
Explain replenishment counting ?
What is the purpose of ABC analysis ?
Explain the cycle counting process ?
Explain the physical inventory process ?
When do you recommend cycle counting Vs physical inventory ?
What are the key flex fields (KFF) in Oracle Inventory ?
What are the descriptive flex fields (DFF) in oracle
inventory ?

Answer Posted / gaurav0421

What is Set Of Books( Ledger)?

Ans => Ledger is used to maintain the financial accounting information of our client business.

=> It is a combination of 4C's & i.e Currency, Calender, Chart of Accounts and Sub ledger Accounting methods.

=> In this level GL module is integrated.

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