Online Access Free 1Z0-1023 Practice Test

Your customer wants you to restrict the values of Receivables Transaction Type for their three business units. You created three reference data sets for each business unit. However, the user is still able to see the values in the Transaction Type list of values which are not defined in the business unit data set.
What is the reason for this behavior?

• A.The user has multiple Business Unit Roles and, therefore, is able to see additional values.
• B.The user is seeing the values defined in the common set. The values should be removed from the common set.
• C.Receivables Transaction Types are common across business units.
• D.Reference Data Sets cannot be used uniquely across business units. They can only be used at the Legal Entity level.

Which statement is false about generating an Internal Material Transfer for expense destination Transfer Order?

• A.If the receipt is not required, Cost Accounting will pick up both the issue and receipt activity from the single inventory transaction "Transfer Order Issue".
• B.Cost for Lot and serial numbers are tracked at put away time when the items are recorded in a destination inventory location.
• C.Expense destination transfers are expensed upon delivery hitting an expense account instead of an inventory asset account as would be the case for inventory destination transfers.
• D.If the receipt is required, then accounting of the receipt delivery transaction will happen only in Receipt Accounting because there will not be a delivery transaction in inventory.
• E.Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.

Your client has just set up their chart of accounts. They are now designing the organization hierarchy in the system.
Which three structures should the customer use to do this?

• A.Cost type, Default Cost Structure, and Item Organization
• B.Divisions, Business Units, and Departments
• C.Cost Centers, Organizations, and Locations
• D.Warehouse, Subinventory, and Locators

A third-party service equipment is used for various purposes in a manufacturing facility and needs to be overhauled once a year. This equipment is charged based on its consumption without a project dependency.
At this point, it should be transferred out to the vendor's warehouse for maintenance and then returned back in the future depending upon the requirement.
The material stock transfer should happen with an offline approval and with an account alias as a logical reference.
What is the ideal way to handle this process?

• A.Subinventory Transfer
• B.Transfer Order
• C.Miscellaneous Transaction
• D.Move Request
• E.Requisitions

Which two tasks must be defined to set up the Facilities Schedule?

• A.Manage Facility Shifts
• B.Manage Facility Workday Patterns
• C.Manage Facility Operations
• D.Manage Facility Time Cards
• E.Manage Facility Holidays