Free Practice Questions for Oracle 1Z0-343 Exam

Question 1

A warehouse user is trying to enter an inventory adjustment for an item, but IS receiving an Invalid Location error. Why is this happening?

AThe warehouse is set up with local ion control and the Item has not been set up with a primary location.

BThe inventory adjustment application P4I14 Is not set up with a default location.

CThe warehouse is set up with location control and the location Is not set up in the location Master.

DThe branch plant does not have a primary location set up for the Item.

Correct Answer: B. The inventory adjustment application P4I14 Is not set up with a default location.

Question 2

Which two statements are true for Procurement Management User Defined Codes (UDCs)?

ASchedule Name. Landed Cost Components. Order templates, Hem Price Groups, and Commodity Class Codes are required UDCs for Procurement Management.

BUDC 41/9 identifies the G/L offset that the system uses when It searches for the account to which it posts procurement transactions.

CProcurement System Hold Codes (42/MC) is hard coded and has special handling code logic.

DTo enable the routing of receipts, only receipts routing UDC is required; operations routing UDC is optional.

Correct Answer: A. Schedule Name. Landed Cost Components. Order templates, Hem Price Groups, and Commodity Class Codes are required UDCs for Procurement Management.; B. UDC 41/9 identifies the G/L offset that the system uses when It searches for the account to which it posts procurement transactions.

Question 3

A client enters a purchase order for a one-time purchase of a nonstock item. The client Is not able to process the order because of an "Item Number Invalid'' error. Because this is a onetime purchase, the client does not w.int to set up a nonstock record In the nonstock Item master.

What should you change to eliminate this error?

AEnter a value In the Description 1 Held rather than entering a value In the Item Number field.

BCreate a supplier/Item relationship for the item the buyer wants to purchase and make sure that the line type they are using has an Inventory interface of A or N.

CChange the line type definition associated with the detail line so that it has an inventory interface of A or N.

DChange the G/L class code in the line type definition to match the G/L class code In the processing options behind purchase order entry.

EChange the line type definition associated with the detail line so that it has an Inventory Interface of Y or D.

Correct Answer: A. Enter a value In the Description 1 Held rather than entering a value In the Item Number field.

Question 4

Your client is live on Sales Order Processing. They are adding a new branch/plant to their supply chain. The new branch/plant will use the same Sales Older Type. SO, but they do not require the printing or sales acknowledgment alter entering the order.

What changes are required to the Order Activity Rules, if line type is S?

AAdd a status in the Other Allowed Held tor the Print Acknowledgement step for order type SO to bypass the print function.

BDelete the Print Acknowledgement step In the Order Activity Rules for that branch for order type SO and line type S.

CAdd a status In the Other Allowed Held for the Enter Order step for Order type SO and line type S to bypass the print function.

DChange the Next Status field for the Print Acknowledgement step for order type SO and line type S to bypass the print function.

EAdd a status in the Other Allowed field for the Print Acknowledgement step for order type SO and line type S to bypass the print function

Correct Answer: B. Delete the Print Acknowledgement step In the Order Activity Rules for that branch for order type SO and line type S.

Question 5

How should you set up price breaks on quote orders sent to suppliers?

ASet up a supplier/item pike in the P41061.

BUse the row exit for Quote Price Breaks from the P4130 (Quote Supplier Entry)

CEnter different quantities and prices in the Quote Response (P4334) application

DUse Advanced Pricing, tor Procurement to set up price breaks.

Correct Answer: D. Use Advanced Pricing, tor Procurement to set up price breaks.

Question 6

Your client's pricing strategy includes contract prices, trade discounts, base prices, and standard pike adjustments. Which statement describes the hierarchy that defines how the system determines a price on a sales order?

ABase price with standard price adjustment, base price with trade discount, contract price, and base price

BBase price with trade discount, base price with standard price adjustment, base price, and contract price

CBase price with trade discount, base price with standard price adjustment, contract price, and base price

DBase price with trade discount, contract price, base price with standard price adjustment, and base price

EContract price, base price with standard price adjustments, base price with trade discount, and base price

Correct Answer: A. Base price with standard price adjustment, base price with trade discount, contract price, and base price

Question 7

Your customer has discontinued a stock item in one of their branch plants. They have set the item up as a ''U'' Stocking Type.

What set of transactions will this change allow?

ASales Order. Adjustments, Issues, Reclassification, and Transfers

BAdjustments, Issues. Reclassifications, and Transfers

CPurchase Older and Sales Order

DPurchase Order, Sales Order, Adjustments, Issues, Reclassification, and transfers

Correct Answer: B. Adjustments, Issues. Reclassifications, and Transfers

Question 8

Which three options can be specified in Document type Setup when setting up Order Types?

AOrder Category

BBypass Invoice

CRelieve On Hand Inventory at Ship Confirm

DDocument type Next Number

ELine Type

Correct Answer: A. Order Category; B. Bypass Invoice; D. Document type Next Number

Question 9

When setting up Kit Items in E1. how does the system store those items?

AInventory tor Kit Patents Items is stored In a dedicated Kit's location.

BThe system stores the parent items in the F41021 file and adds text lines for the components during sales order entry.

CThe system does not carry inventory tor the parent Item; the parent item simply represents all components bundled together 05 an assembled Item and only components are stored in the system.

DThe system creates a Work Order for the Parent Item and when the work order is completed, the inventory is updated to a specific location where the sales order can be hard committed.

Correct Answer: A. Inventory tor Kit Patents Items is stored In a dedicated Kit's location.

Question 10

Your client has a business requirement to manually audit carrier invoices against Freight Audit History (F4981) and later create an A/P vouchers that carrier will be paid.

How can you ensure that carrier invoices will follow the required process?

AA correct GL/Class code needs to be added to the Carrier's Supplier MSSbM

BAuto Pay flag In the Carrier Master needs to be off.

CFreight allocation needs to be on at the charge code tor Payables.

DA different version of the freight update program (R4981) needs to be used.

Correct Answer: A. A correct GL/Class code needs to be added to the Carrier's Supplier MSSbM