Online Access Free 1Z1-1023 Practice Test

You have a high value item that you want to audit on an unscheduled basis to deter pilfering.
Which method would you use to do this?

• A.ABC Count
• B.Automated Cycle Count
• C.Blind Inventory Count
• D.Physical Inventory Count
• E.Manual Cycle Count

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.25
• B.24
• C.20
• D.30

Which three statements are true regarding PAR Location Management?

• A.PAR location management replenishment are calculated at the organization level or subinventory level.
• B.Organizations can perform locator-level stock counting for both quantity and non-quantity tracked subinventories.
• C.Periodic Automated Replenishment (PAR) enabled facilities that do not store perpetual inventory (such as hospitals) to perform locator-level replenishment.
• D.If the stock level falls below the target on-hand quantity for the locator, inventory generates the appropriate replenishment document based on the item sourcing for the subinventory.
• E.A receipt is required on interorganization expense destination transfer orders between the from and to organizations

You have an organization that runs both its domestic and international business from the same offices. However, the organization does not want the domestic side of the business to be able to transact on the international side, even though they are selling the same material.
How do you configure your enterprise to meet this requirement?

• A.Set up the domestic and international businesses as separate business units.
• B.Set up the domestic and international businesses as separate cost centers.
• C.Use data access security to separate what each customer can control.
• D.Set up the domestic and international businesses as separate operating units.
• E.Set up the domestic and international businesses as separate projects.

You set up an item organization and inventory organization as part of your customer's requirement.
Your customer has, by mistake, performed a receipt transaction in the item organization instead of the inventory organization. How will you rectify the error?

• A.Perform a new receipt in the correct organization and retain the stock in the item organization because it does not affect any other operation.
• B.Perform a correct receipt transaction and receive the item in the correct organization.
• C.Perform a return of item and receive the item again in the correct organization.
• D.It is not possible to receive item in the item organization.