Online Access Free 1z1-343 Practice Test

Your client wants to set up a process for customers who were accidentally sent the wrong item.
What is the correct way to do this?

• A.Set up the Returned Material Authorization process to create a sales order for the replacement item, create a Credit Order for the incorrectly shipped item, and purchase order for the incorrectly shipped item.
• B.Create a sales order for the replacement item, create a Credit Order for the incorrectly shipped item, and create a negative purchase order to receive the incorrectly shipped item.
• C.Create a sales order for the replacement item and make journal entries to write off the incorrectly shipped.
• D.Create a no-charge sales order for the replacement item, create a Credit Order for the incorrectly shipped item, and perform an Inventory Adjustment when the incorrectly shipped items arrive.

Your client's pricing strategy includes contract prices, trade discounts, base prices, and standard price adjustments.
Which statement describes the hierarchy that defines how the system determines a price on a sales order?

• A.Base price with trade discount, base price with standard price adjustment, contract price, and base price
• B.Contract price, base price with standard price adjustment, base price with standard price adjustment, and base price
• C.Base price with trade discount, contract price, base price with standard price adjustment, and base price
• D.Base price with standard price adjustment, base price with trade discount, contract price, and base price
• E.Base price with trade discount, base price with standard price adjustment, base price, and contract price

What is the effect on the Item Ledger when Sales Update is run, if that inventory is relieved during Ship Confirm and the G/L date is added to the record?

• A.The invoice number and invoice document type override the document type created in the Item Ledger during Ship Confirm. Then the item's cost is updated to the latest cost.
• B.An inventory document is recorded in the Item Ledger during Ship Confirm. When Sales Update is run, an invoice document is added to the Item Ledger.
• C.An inventory document is recorded in the Item Ledger during Ship Confirm. When Sales Update is run, an invoice document is added to the Item Ledger, and the item's cost in the inventory document is updated to the latest cost.
• D.The invoice number and invoice document type that are associated with the sales order override the document type and the document number that were created in the Item Ledger during Ship Confirm.
• E.The document created in the Item Ledger during Ship Confirm has no document type assigned. When Sales Update is run, this document is overridden by the invoice number and invoice document type.

Orders due to ship within the next two weeks are considered current and need to affect inventory availability.
The Specific Commitment Days in Branch/Plant Constants is set to 14, so that orders due to ship more than 14 days in the future are future committed.
What should you do to convert a future commitment to a current commitment?

• A.No action is required; when the Request Date of the future committed orders falls within the 14-day window, the system will automatically recognize the order as a current commitment.
• B.Run the Repost Sales Orders program (R42995) every two weeks to recommit the orders.
• C.Run the Repost Sales Orders program (R42995) on a daily basis.
• D.Run the Convert Future Orders program (R42999) on a daily basis.
• E.Transfer all required quantity to one location to facilitate one-line ship confirm.

You have hired a new department supervisor who has been added as an approver on several approval routes.
As the orders move through the route, the supervisor is not receiving any messages regarding orders that need approval.
How should this be corrected?

• A.Check the Approval Route code in the Item Master program
• B.Set the Employee flag in the approver's Address Book record
• C.Enter the employee's address number in the processing option for the Orders Awaiting Approval program
• D.Set the messages flag in the Default Location and Printer program
• E.Add the employee's address number into the User Profiles program