1Z0-343 Real Exam Questions and Verified Answers

Question 1 Single choice

Which option lists steps that must be set up in order to create functional vehicles in Transportation?

A
Vehicle Master and Compartments
B
Vehicle Master and Vehicle Types
C
Carrier Master and Load Types
D
Carrier Master and Vehicle Registration Number
E
Options and Equipment and Vehicle Registration Number

Show answer and explanation

Correct answer: B

Explanation

References:
https://docs.oracle.com/cd/E16582_01/doc.91/e15152/set_up_vehicles.htm#EOATM00087

Question 2 Multiple choice

Your customer 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? (Choose four.)

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

Show answer and explanation

Correct answers: A, B, C, D

Question 3 Single choice

Your customer wishes to process orders so that a minimum quantity always gets ordered for a line. For example, if the rule is 85% and 10 were ordered, then E1 must fulfill a quantity of 9.

Which fulfillment option should they use?

A
Order fill percent rule
B
Cancellation rule
C
Line fill percent rule
D
Release rules

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Correct answer: A

Question 4 Single choice

Your customer wants to set up supplier pricing for a stock item to default unit cost based on supplier, item, and item branch.

What item information setup is required?

A
Item Master, Purchasing Price Level
B
Item Branch, Sales Price Level
C
Item Branch, Inventory Cost Level
D
Item Master and Item Branch, Purchasing Price Level
E
Item Branch, Purchasing Price Level

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Correct answer: C

Question 5 Single choice

Your client wants to use blanket order processing. They require that all blanket orders that are created do not impact the availability of the items in the orders.

What setup is required to ensure the requested result?

A
Set processing option in P4210 - Sales Order Entry to commit blanket order quantities to Other Quantity 1 field. Set Availability Calculation to exclude Blanket Orders.
B
Set processing option in P4210 - Sales Order Entry to commit blanket order quantities to Other Quantity 1 field. Set Availability Calculation to exclude Other Quantity 1 Commitments.
C
Set processing option in P4210 - Sales Order Entry to commit blanket order quantities to Other Quantity 1 field.
D
Set Availability Calculation to exclude Other Quantity 1 Commitments.
E
Set processing option in P4210 - Sales Order Entry to commit blanket order quantities to Other Quantity 1 field. Set Availability Calculation to exclude soft commitments.

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Correct answer: B

Question 6 Single choice

Your client uses an Order Policy Code of 0 (Reorder Point) to calculate suggested order quantities in the Purchase Order generator (P43011).

Which statement is true about Order Policy Code 0?

A
Suggested Order Quantity = Reorder Point - (Quantity Available + On Order)
B
Suggested Order Quantity = Economic Order Quantity + Multiple Order Quantity ?Quantity Available
C
Suggested Order Quantity = Amount in Value Order Policy field on Manufacturing Data
D
Suggested Order Quantity = Reorder Point + Safety Stock - (Quantity Available - On Order)
E
Suggested Order Quantity = Economic Order Quantity + Reorder Point - (Quantity Available + On Order)

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Correct answer: D

Question 7 Single choice

For a defined group of items, the unit cost on a purchase order cannot deviate from the standard cost by more than 2%.

Where should this be defined?

A
Set the tolerance processing option in the Receipts program to 2%.
B
Set the tolerance for the company to 2% in Tolerance Rule Setup.
C
Set the tolerance for the item group to 2% for Unit Cost in Tolerance Rule Setup.
D
In the Item Branch/Plant, set the tolerance to 2%.
E
Set up an order hold code for 2% tolerance.

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Correct answer: C

Question 8 Single choice

Your client manufactures and sells an item. The item is then shipped to their distribution warehouse for sale to customers. The item is sales taxable when sold to their customer.

How would this item be set up?

A
The item master record must have a value indicating that the item is taxable in the sales taxable field.
B
The Branch/Plant Constant must be set to calculate sales tax and then item branch record must have a value indicating that the item is taxable in the sales taxable field.
C
The item branch record must have a value indicating that the item is taxable in the sales taxable field.
D
The item master and item branch record must have a value indicating that the item is taxable in the sales taxable field.
E
The item master record and item location must have a value indicating that the item is taxable in the sales taxable field.

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Correct answer: B

Explanation

References:
https://docs.oracle.com/cd/E26228_01/doc.93/e21560/enter_branchplant_info.htm#WEAIM188

Question 9 Single choice

A client transfers inventory between warehouses within the same company. Both warehouses carry the inventory at the same cost. In the journal entries for 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 incorrectly. Correct the AAIs so that the journal entry amount will appear.
C
No correction is necessary. A batch with a blank amount is correct.
D
The cost is incorrect for one of the warehouses. The client should reverse the transfer, verify the cost, and re-enter the transaction.
E
The client should carry the inventory cost at different amounts for each warehouse. This approach ensures that a variance journal entry is created.

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Correct answer: C

Question 10 Single choice

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

Show answer and explanation

Correct answer: E

Explanation

References:
https://docs.oracle.com/cd/E15156_01/e1apps90pbr0/eng/psbooks/1aso/chapter.htm?File=1aso/htm/1aso07.htm