Question 1

Your company has established inventory balances integration with 3PL system.

Which option cannot be achieved out of the box using this integration?

Options :

A : Compare and automatically report inventory mismatches.

B : Purge inventory balance message periodically.

C : Resolve processing exceptions.

D : Import inventory balance message in bulk.

Answer: A

Question 2

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

Options :

A : Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.

B : Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.

C : 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

D : 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.

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”.

Answer: B

Question 3

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 the

received 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?

Options :

A : Items are consigned and ownership is transferred to “owned”.

B : Items are consigned items and ownership lies with the supplier.

C : Items are not consigned items but ownership is still with the supplier.

D : Items are not consigned items and ownership is with the organization.

Answer: B

Question 4

Your customer wants to prevent customer shipments out of a specific subinventory. They are setting up a

material status to control this.

Which transaction do they need to disallow?

Options :

A : Ship Confirm

B : Sales Order Pick

C : Sales Order Issue

D : Move Request Putaway

E : Miscellaneous Issue

Answer: C

Question 5

While performing the task “Create Chart of Accounts, Ledger, Legal Entities, and Business Units in

Spreadsheet Task”, you did not provide the functional currency; however, you mentioned that the legal entity

country is the United States of America.

What will be the functional currency of the ledger you are defining?

Options :

A : It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.

B : It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.

C : The system will pick the first available currency from the List of Values.

D : The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.

E : The system will automatically pick “USD” as functional currency from the legal entity country.

Answer: A

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