Online Access Free 1Z1-1023 Practice Test

Your customer has a complex financial reporting structure.
Which three elements should you define first in order to form a basis for this reporting?

• A.Legal, Autonomy, and Operational
• B.Legal, Managerial, and Functional
• C.Tax, Legal, and Industry
• D.Managerial, Operational, and Industry

Your organization is using min-max planning to replenish stock and the planning parameters are set at item organization level with a default subinventory:
Item: A, Min Qty: 25, Max Qty: 150 and Current Level: 20
The item above is purchased from a supplier. Although there is subinventory on hand, the subinventory is below the minimum required level. This should trigger a Min-Max report entry, but the requisition is not generated. Why?

• A.Fixed lot multiplier is not set.
• B.Rounding the Reorder Quantity is disabled.
• C.Item is not defined in Manage Item Subinventories.
• D.No value has been set for the "Min-Max Replenishment Reorder Approval" profile.
• E.Min-max planning can be performed at the Organization level.

Your company is an automobile spares manufacturing organization, which follows a discrete process. It has its own manufacturing and distribution centers located globally.
It has these business units:

These are the inventory organizations that exist in each business unit:

Which two statements are true?

• A.Operational Attributes can be controlled only at the Master Level.
• B.All inventory organizations do not need to be in the same business unit to assign items.
• C.Items defined in the GM organization can be assigned to US1, US2, NL1, and MX1 inventory organizations.
• D.You can define an item in the IN1 inventory organization and assign it to the DE1 inventory organization.
• E.Items organizations are also supported to serve as inventory organizations.
• F.Items cannot be assigned to inventory organizations across business units.

You need to load on-hand balances for go live. Which template should be used for this?

• A.InventoryMiscellaneousTrxTemplate.xlsm
• B.InventoryReservationImportTemplate.xlsm
• C.InventoryTransactionImportTemplate.xlsm
• D.InventoryBalanceImportTemplate.xlsm
• E.InventoryOnHandBalanceTemplate.xlsm

Your customer wants to prevent customer shipments out of a specific subinventory. They are setting up a material status to control this.
Which transaction do they need to disallow?

• A.Miscellaneous Issue
• B.Move Request Putaway
• C.Sales Order Issue
• D.Sales Order Pick
• E.Ship Confirm