Question 1

The client wants to implement reorder point planning for some items in the organization. They currently use min-max planning. What is the minimum amount of information that needs to be changed on the items the client wants to plan?

Options :

A : Safety Stock Quantity and Forecast

B :

Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost

C :

Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost, and Order Cost

D :

Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost, Order Cost, and Maximum Order Quantity

E :

Safety Stock Quantity, Inventory Planning Method set to Reorder Point, Forecast Quantity, Carrying Cost, Order Cost, and Minimum Order Quantity

Answer: C

Question 2

Which three statements are true about ABC Analysis and cycle count Classes? (Choose three.)

Options :

A : The hit/miss% for the Class overrides the hit/miss% of the cycle count header.

B : The hit/miss% for the cycle count header overrides the hit/miss% of the Class.

C :

An ABC Analysis can be compiled for a sub inventory that is defined as a non-quantity-tracked subinventory.

D :

An ABC Analysis can be compiled for nonasset (expense) subinventories for which quantities are tracked.

E :

In ABC Analysis, a quantity variance must always be submitted for approval, regardless of the tolerance levels

F :

Positive and negative tolerances can be entered for each class, which will override the tolerance at the cycle count header level

Answer: A,D,F

Question 3

What is the impact of setting the profile option INV: Override Neg for Backflush = Yes?

Options :

A : It would not allow inventory to be driven negative.

B : Back flush transactions would drive inventory negative.

C : Back flush transactions would not drive inventory negative.

D : Back flush and inventory transactions would drive inventory negative.

E : Back flush and inventory transactions would not drive inventory negative.

F : It would permit the driving of on-hand inventory negative for miscellaneous issue transactions.

Answer: B

Question 4

Which two parameters facilitate cross organization reports in a Multi-Org environment? (Choose two.)

Options :

A : Ledger

B : Legal Entity

C : Operating Unit

D : Reporting Level

E : Reporting Context

Answer: D,E

Question 5

Event types in sub ledger accounting are a grouping of_____.

Options :

A : events

B : accounts

C : event models

D : event entitles

E : event classes

Answer: E

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