Question #:1
Which two options constitute the rights and responsibilities of a legal Entity?
A. Account for themselves to regulations, taxation authorities, and owners according to rules specified in
the relevant legislation
B. Facilitate resource allocation
C. Manage warehouses
D. Create opportunities for new business
E. Own property
Answer: A E
Question #:2
Reorder quantities for an item subinventory are calculated using Fixed Lot Multiple and Round Order
Quantity. Assume that the reorder quantity is 24 and you specify 10 for the fixed lot multiple and enable
rounding the reorder quantity.
What will be the reorder quantity?
A. 30
B. 20
C. 24
D. 25
Answer: A
Question #:3
Given the code fragment:
Which code can be added to register both of these methods to receive BankEvent notifications only if an
instance of BankActivityService is already instantiated in the current context?
A. @Observes(notifyObserver=IF_EXISTS) on line 3 and line 6
B. @Observes(during=IN_PROGRESS) on line 1
C. @Observes(during=AFTER_COMPLETION) on line 1
D. @Observes(notifyObserver=IF_EXISTS) on line 4 and line 7 before method parameter declaration
Answer: A
Explanation
References:
Question #:4
Your client has just up their chart of accounts. They are now designing the organization hierarchy in the
system.
Which three structures should the customer use the to do this?
A. Warehouse, Subinventory, and Locators
B. Cost Centers, Organizations, and Locations
C. Cost type, Default Cost Structure, and Item Organization
D. Divisions, Business Units, and Departments
Answer: D
Question #:5
While negotiating the terms of the consignment agreement, the buyer and the supplier mutually agree to set
aging onset point as receipt and the aging period as five days. The terms also say that the consumption advice
will be generated daily.
In which three scenarios will the goods be transferred from the supplier’s ownership to buyer’s ownership?
A. You received the goods today and you decided to issue the goods after days without transferring the
ownership.
B. You received the goods today and for the next one week you do not plan any action on the same.
C. You received the goods today after six days you decide to transfer the ownership using the “create
transfer to consigned transaction” task.
D. You received the goods today and you transfer the ownership using the “create transfer to owned
transaction” task.
E. You received the goods and after four days you return the material to the supplier.
F. You received the goods today and after three days you transfer the ownership using the “create transfer
to consigned transaction” task.
Answer: A B D
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