1z1-343 by Oracle Valid Free Exam Practice Test

Question 1

A customer's credit limit has been established at $10,000 and current outstanding A/R is $7,000. The customer has active, unshipped sales orders with request dates that are two months in the future and total $3,000. The customer calls today with a $500 order to be shipped immediately.
What happens to the order?

A. The order goes on hold, because the total A/R amount is greater than 5% of the total of A/R and open orders. B. The order does not go on hold, because the actual outstanding A/R has not exceeded the credit limit, and the $500 order would still cause the total exposure to be less than $10,000. C. The order goes on hold, because credit checking is performed for the total exposure, which includes open orders regardless of their request dates. D. The order does not go on hold. The system automatically determines that the request date of the new order comes before the request dates of the existing open orders. The system will allow the $500 order to be processed, and put a credit hold on the order with the request date furthest in the future. E. The order does not go on hold, because credit checking only compares the dollar value for open orders against the credit limit.

Correct Answer: C

Question 2

Your client is concerned that after the most recent update, commitment information in the Item Availability program does not reflect the correct amounts for sales orders.
Running which report corrects any commitment issues for any open sales orders?

A. the Repost Active Sales Order report B. the Inventory G/L Post report C. the Pick Slip report to pick any eligible sales orders D. the Item Balance/Ledger Integrity report

Correct Answer: A

Question 3

Your client creates purchase orders from requisitions in their procurement process. Accurate commitment tracking is a must for your client.
What should you set up in the system so that a commitment is created for purchase orders, but not requisitions?

A. UDC 40/CT needs to include both document types for requisitions and purchase orders because the purchase orders are created from requisitions. B. The document type for purchase orders needs to be specified on the Budget tab of the processing options of Purchase Order Entry. C. Turn off the processing option for budget checking in the Purchase Order Entry program. D. UDC 40/CT should include the document type for purchase orders, but not requisitions. E. UDC 40/CT should include the document type for requisitions, but not purchase orders.

Correct Answer: B

Question 4

If your customer requires lots to be restricted to one item and one branch/plant, where would you find the required settings for this?

A. Item Availability Definition B. System Constants C. Application Constants D. Branch/Plant Constants

Correct Answer: D

Question 5

Which setup sends one invoice to those customers who want it at the end of the month for all orders that are shipped during the month?

A. Activate Invoice Consolidation in the Customer Billing Instructions. Run the Print Invoice program for this customer once a month to print out an invoice with all of the orders shipped during the month. B. Set up the Scheduled Invoice Dates as monthly for the customer. Run a version of the Print Invoices program that specifies the monthly scheduled invoice date. C. Active Invoice Consolidation in the Customer Billing Instructions. Set up an Invoice Cycle Preference.
Run the Cycle Billing program monthly. Run a version of the Print Invoices program that specifies the end-of-month scheduled invoice date. D. Activate Invoice Consolidation in the Customer Billing Instructions. Set up an Invoice Cycle Preference.
Run the Cycle Billing program daily. E. Activate Summarized Invoices in the Customer Billing Instructions. Run the Print Invoice program for this customer once a month to print out an invoice with all of the orders shipped during the month.

Correct Answer: A

Question 6

Which three functions are available to grid users? (Choose three.)

A. Customization of individual data items by color is available. B. Always use the Personalized Grid Button to create a grid format override. C. Preload a list or range of values into the data item fields. D. When exporting data from a grid, all data fields are exported regardless of security.

Correct Answer: A,B,C

Question 7

Your client wants to track their sales by area of the country, type of customer, and sales person. They want the value of these sales to be reportable from the G/L.
What is the correct way to do this?

A. Set up Account Master Category Codes and report on that information. B. Set up flexible accounting to drive the information via the AAIs to the G/L. C. Set up Address Book Category Codes and report on that information. D. Set up Item Category Codes and report on that information.

Correct Answer: C

Question 8

Where can the carrier default from when creating a sales order with shipment?

A. P4210 Processing Options or Carrier Preference B. Customer Billing Instructions or P4210 Processing Options C. Customer Billing Instructions or Carrier Preference D. Transportation Constants or P4210 Processing Options E. Transportation Constants or Vehicle Information

Correct Answer: A

Oracle JD Edwards EnterpriseOne Distribution 9.2 Implementation Essentials - 1z1-343 Exam Practice Test