Oracle 1z0-343 Free Practice Questions

NEW QUESTION 1
Your customer is required lo d Different Idle the series of document numbers used tor requisitions from those for purchase orders. What is the first step in the process to accommodate this requirement for all new requisitions?

• A. Change the Use field in the Next Numbers for System 43.
• B. Change the Next Number field In the processing options for Purchase Order Entry.
• C. Change the Order Type Next Number field in the document type definition.
• D. Change the Order Type Next Number series in the Order Activity Rules.
• E. Change the Next Numbers constant to use a different set of number

Answer: A

NEW QUESTION 2
Which three steps are involved if a user wants to copy, use, and share a grid format?

• A. Use the publish icon, II the new grid format is going to be shared with other users.
• B. Select the grid format you want to copy to another format, and use the Save As option.
• C. New shared grid formats are automatically available to other users.
• D. To share a new grid format, it has to go through the approval process using the User Defined Objects application P98220U.

Answer: ABC

NEW QUESTION 3
A client transfers inventory between warehouses within the same company. Both warehouses carry the inventory at the same cost. In the Journal entries tor the transfer, the client finds that the batch amount is blank.
Identify the correct reason why this happened.

• A. The client should reverse the transfer transaction, create an issue to remove quantity from the old location, and then create an adjustment to add quantity to the new location.
• B. The AAIs are set up Incorrectl
• C. Correct the AAls so that the journal entry amount will appear.
• D. No correction is necessar
• E. A batch with a blank amount is correct.
• F. The cost is incorrect for one of the warehouse
• G. the client should reverse the transfer, verify the cost, and reenter the transaction.
• H. The client should carry the Inventory cost at different amounts for each warehous
• I. This approachensures that a variance Journal entry is create

Answer: C

NEW QUESTION 4
Your customer requires the address book Application to contain the following features: basic address book Information, map of the physical address, open Invoices, and vouchers.
What are the two ways to satisfy your customer's request?

• A. Show the customer how to use the existing form exits within the Address Book Revisions application.
• B. Update the Address Book Revision form to display Invoice vouchers, and a physical mop using Composite Application Framework (CafeOne).
• C. Show the customer how to use the existing Row exits within the Work With Addresses application.
• D. Educate the customer on how to use CafeOne to customize the Address Book Revisions application.

Answer: A

NEW QUESTION 5
Your company wants to enter transactions using a customer's Item number Instead of the primary Item number. How do you enable this for sates orders?

• A. Enter the customer's Item number as the third item number In the Item Master tabl
• B. During transaction entry, enter the customer's Hem number preceded by the code.
• C. Set up base price or advanced pricing for this customer/Item combination using the customer's Item number.
• D. Set up the customer cross-reference symbol In Branch/Plant Constants and define lhe customer Item number In the Item Cross Reference tabl
• E. During transaction entry, enter the customer's Item number preceded by the symbol.
• F. Set up the customer cross-reference code in Branch/Plant Constant
• G. During transaction entry, enter the customer's item number preceded by the code.
• H. Set the flag In Customer Billing Instructions to use the customer Item numbers from supplemental data.

Answer: C

NEW QUESTION 6
Which option should you Ml up first in order to make sup that InterpriseOne searches the pricing hierarchy correctly?

• A. Customer and Hem combination
• B. Customer group and item
• C. Customer and item group
• D. By item

Answer: D

NEW QUESTION 7
Your client and their supplier have an agreement that the supplier will not send invokes. Your client will pay the supplier based on what they receive.
How should you set this up to ensure that the system processes this supplier's invoices according to the agreement?

• A. Set the Supplier Cross-Reference code to process evaluated receipts.
• B. Set the processing options In the Voucher Match program to allow Evaluated Receipts Settlement.
• C. Set the Evaluated Receipts field In the Purchase Order Entry program to Y.
• D. Process only EDI-generated invoices.
• E. Set the Evaluated Receipts field In Purchasing Instructions to

Answer: E

NEW QUESTION 8
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 Item Category Codes and report on that information.
• B. Set up Account Master Category Codes and report on that information.
• C. Set up filexible accounting to drive the information via the AAls to the G/l.
• D. Set up Address Book Category Codes and report on that informatio

Answer: A

NEW QUESTION 9
A customer's credit limit has been establish at $10,000. and current outstanding are is $7,000. The customer has active, unshipped sale coders with request dates that are two months In the future arid 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 credit checking is performed for the total exposure, which includes open orders regardless of their request dates.
• B. The order does not go on hold, because credit checking only compares the dollar value tor open orders against the credit limit.
• C. The order does not go on hol
• D. The System automatically determines that the request date of the new order comes before the request dates of the existing open order
• E. 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.
• F. The order goes on hold, because the total A/R amount is greater than 5% of the total of A/R and open orders.
• G. 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.

Answer: A

NEW QUESTION 10
A customer is attempting to generate a purchase older from a requisition, but is receiving a Date Invalid error. What is the cause of this error?

• A. The cancel date on the requisition header is In the past.
• B. The G/L date on the requisition detail is in the past.
• C. The order date on the requisition detail is in the past.
• D. The requested date on the requisition header Is In the pas

Answer: C

Explanation:
What is the effect on the Hem Ledger when Sales Update is run, if that inventory is relieved during Ship Confirm and the G/l date is added to the record?
A. The document created In the Item Ledger during Ship Confirm has no document type assigned. When Sales Update is run, this document is overridden by the invoice number and invoice document type.
B. An Inventory document is recorded in the Item Ledger during Ship Confirm. When Sales Update is run, an invoice document is added to the Item Ledger.
C. An inventory document is recorded In the Item Ledger during Ship Confirm, when Sales Update is run, an invoice document is added to the Item Ledger, and the item's cost In the inventory document is updated to the latest cost.
D. The invoice number and invoice document type override the document type created In the Item Ledger during Ship Confirm. Then the Item's cost is updated to the latest cost.
E. The invoice number and Invoice document type that are associated with the sales older override the document type and the document number that were created In the Item Ledger during Ship Confirm.

NEW QUESTION 11
You want zero quantity tolerance on a specific Item during receipt, the Item belongs to a group that currently gets a 10% tolerance. How can you accomplish this?

• A. In the Item Branch/Plant, set the tolerance to zero.
• B. Set the tolerance tor the specific Item to zero In Tolerance- Rule Setup.
• C. Set the tolerance processing option In the Receipts program to zero.
• D. Set up an order hold code for zero tolerance
• E. Set the tolerance for the company to zero In Tolerance Rule Setu

Answer: D

NEW QUESTION 12
A warehouse user is trying to enter an inventory adjustment for an item, but IS receiving an Invalid Location error. Why is this happening?

• A. The warehouse is set up with local ion control and the Item has not been set up with a primary location.
• B. The inventory adjustment application P4I14 Is not set up with a default location.
• C. The warehouse is set up with location control and the location Is not set up in the location Master.
• D. The branch plant does not have a primary location set up for the Ite

Answer: B

NEW QUESTION 13
Your customer wants to set up supplier pricing tor a stock item to default unit cost based and supplier, Item, and Item branch. What Item information setup is required'

• A. Item Master, Purchasing Price level
• B. Item Branc
• C. Sales Price level
• D. Item Branch, inventory Cost level
• E. Item Master and Item Branch, Purchasing Price level
• F. Item Branch, Purchasing Price Level

Answer: B

NEW QUESTION 14
Your customer wishes to process orders so that a minimum quantity always gels ordered for a Line. For Example, if the rule is 85% and 10 VMM ordered, then El most fulfill a quantity of 9.
Which fulfillment option should they use?

• A. Order fill percent rule
• B. Cancellation rules
• C. line fill percent rule
• D. Release rules

Answer: C

NEW QUESTION 15
Which User Defined Codes (UDCs) are required by inventory Management?

• A. GL Class code, cost method codes, language preferences, and document types
• B. Classification code categories, stocking types, dual unit of measure, and document types
• C. Transaction types, stocking types, unit of measure, business unit type, and document types
• D. Stocking types, units of measure, dual unit of measure, and transaction types

Answer: C

NEW QUESTION 16
Which two statements are true about checking data in the Data Browser?

• A. Filtering by both transaction type and transaction date is an option.
• B. Data Items cannot be sequenced according to transaction date.
• C. Inquiries can be made by transaction as well as by data Item.
• D. Inquiring about stock adjustments for more than one data item at a time is not allowed.
• E. The Data Browser Is restricted to nonfinancial application

Answer: AC

NEW QUESTION 17
Your client is entering sales orders using base pricing.
What logic does the system use to retrieve the price based on the effective dates?

• A. Past Due Date
• B. Delivery Date
• C. Earliest Expiration Date
• D. Closest Start Date
• E. Order Date

Answer: B

NEW QUESTION 18
Your customs is in the process of adding all their suppliers into the new procurement system. Which four procurement processing defaults are maintained in the Work with Supplier Master application?

• A. Bank account
• B. Tax Information
• C. EDI Information
• D. Voucher automation
• E. General Ledger distribution
• F. Address book Information

Answer: CDEF

NEW QUESTION 19
What two statements are true about processing blanket orders?

• A. When releasing a blanket order, you are not allowed to change Branch/Plant, but are able to change the Ship lo and Supplier fields.
• B. When entering a blanket order, specify the goods or services to be received on a periodic basis
• C. Purchase orders and blanket orders are required lo have different order types.
• D. To receive a portion of the goods or services on a blanket order, release the quantity or amount to create the purchase order.

Answer: AB

NEW QUESTION 20
Your client is connected that after the most recent updates, commitment information in the item Availability program does not refilect the correct amounts for sales orders.
Running which report corrects any commitment issues for any open sales orders?

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

Answer: D

NEW QUESTION 21
How should you set up price breaks on quote orders sent to suppliers?

• A. Set up a supplier/item pike in the P41061.
• B. Use the row exit for Quote Price Breaks from the P4130 (Quote Supplier Entry)
• C. Enter different quantities and prices in the Quote Response (P4334) application
• D. Use Advanced Pricing, tor Procurement to set up price break

Answer: D

NEW QUESTION 22
Your client wants to set up a process for customers who were accidentally sent the wrong Item. What is the correct way to do this?

• A. Create a sales order for the replacement Item, create a Credit for the incorrectly shipped item, and create a negative purchase order to receive the incorrectly shipped item.
• B. Set up the Returned Material Authorization process to create a sales order foe the replacement Hem, create a Credit Order for the incorrectly shipped item, and purchase order for the incorrectly shipped item.
• C. Create a no-charge sales order for the replacement Item, create a Credit Order for the incorrectly shipped item, and perform an Inventory Adjustment, when the incorrectly shipped items arrive.
• D. Create a sales order for the replacement item and make journal entries to write off the incorrectly shipped.

Answer: B

NEW QUESTION 23
A company has a customer who usually orders the same Hems, but not on a regular schedule. You have recommended that they create templates to Increase order entry efficiency.
Which two steps are required?

• A. Attach the retiming order template to the customer in the Customer Master program (P03013).
• B. Turn on order template processing In the Sales Order Entry program (P4210) processing options.
• C. Use the Customer Template Rebuild program (R42815) to create a template from the customer's order history.
• D. Use the Recurring Order Template Rebuild program (R42808) to create a recurring order from the customer's order history.
• E. Turn on recurring order processing in the Sales Order Entry program (P4210) processing option

Answer: CD

NEW QUESTION 24
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