1Z0-1073-21 Online Practice Questions and Answers

Your are in the process of analyzing the demand and supply schedules for the item based on high level

reservations.

Identify the reservation document type that would be applicable to both supply as well as demand.

A. Account Alias

B. Movement Request

C. Requisition

D. On Hand

E. Work Order

F. Transfer Order

Your customer wants to transfer material from facility A to facility B. They are using the interorganization transfer to perform the transaction in the system. Their requirement is "whenever material is transferred from their facility A to facility B, facility B needs to pay 5% additional amount to the current item cost." Which task must be set up to accomplish this requirement?

A. Manage Cost Organization Relationships

B. Manage Supply Chain Financial Orchestration Transfer Pricing Rules

C. Manage Cost Plus Pricing

D. Manage Organization Relationships

E. Manage Interorganization Markup

Which three statements about cost organization are correct? (Choose three.)

A. Profit center business unit can have one or more inventory organizations.

B. Profit center business units can have only one cost organization.

C. All inventory organizations of a cost organization need to within the same business unit.

D. A cost organization can have one or more inventory organizations.

Your client has just set up their chart of accounts. They are now designing the organization hierarchy in

the system.

Which three structures should the customer use to do this?

A. Warehouse, Subinventory, and Locators

B. Divisions, Business Units, and Departments

C. Cost type, Default Cost Structure, and Item Organization

D. Cost Centers, Organizations, and Locations

Which three statements are true regarding Managing Units of Measure? (Choose three.)

A. Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.

B. A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.

C. A unit of measure conversion is a mathematical relationship between two different units of measure.

D. If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must define conversions between the base units of measure in different UOM classes.

E. You must define Unit of measure class with a base unit of measure.

Which three statements are true regarding PAR Location Management?

A. If the stock level falls below the target on-hand quantity for the locator, inventory generates the appropriate replenishment document based on the item sourcing for the subinventory.

B. PAR location management replenishment are calculated at the organization level or subinventory level.

C. A receipt is required on interorganization expense destination transfer orders between the from and to organizations

D. Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.

E. Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.

Your client has decided that Discrete Manufacturing will be implemented at a future stage, so any new supply from current manufacturing will be added to current inventory by the Open Transactions Interface. The immediate requirement is to go live with Inventory and Order Management. Which two seeded transaction types can be omitted for material status control?

A. Average Cost Update

B. Miscellaneous Issues and Receipts

C. All Transaction Types Related to Work in Process

D. All Internal Transactions

E. Backflush Subinventory Transfer

Which execution document is created by supply chain orchestration when a make request is received?

A. Purchase Order

B. Routing Create

C. Work Order

D. Transfer Order

E. Movement Request

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. 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".

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?

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.