Online Access Free 1z1-986 Practice Test

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

• A.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.
• B.Costs 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.Cost Management will pick up the delivery transaction directly from Receiving and process the expense accounting from that transaction.

While performing the task "Create Chart of Accounts, Ledger, Legal Entities, and Business Units in Spreadsheet Task", you did not provide the functional currency; however, you mentioned that the legal entity country is the United States of America.
What will be the functional currency of the ledger you are defining?

• A.The system will ask the user to provide functional currency at the time of uploading the spreadsheet if it is not provided in the first place.
• B.It is mandatory to provide functional currency because ledger cannot be defined without functional currency. The system will throw an error upon upload of the spreadsheet because all required fields are not populated.
• C.The system will automatically pick "USD" as functional currency from the legal entity country.
• D.The system will pick the first available currency from the List of Values.
• E.It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error Upon processing.

Identify the dunning letter template set provided by an application.

• A.Regular, Medium, Hard
• B.Soft, Regular, Hard
• C.Regular, Final Demand, Medium
• D.Final Demand, Soft, Medium

The Applications Development Framework Desktop Integration (ADFdi) user interface is supported in Oracle Fusion Receiving, Inventory Management, and Shipping products.
Identify four ADFdi user interfaces that are supported.

• A.Review Count Interface Records
• B.Manage Lot/Serial Interface
• C.Manage Shipment Message Interface
• D.Manage Inventory Transaction Correction in Spreadsheet
• E.Review Receipts Interface
• F.Upload ASN or ASBN

A customer has one Business Unit, two Legal Entities, and each have eight warehouses (defined as Inventory Orgs). While trying to set up Cost Organizations for each of these Legal Entities, you were unable to perform the mandatory step of assigning the Profit Center Business Unit for one set of eight Inventory Organizations; however, you could do it for the other set.
What is the reason for this?

• A.There is no Inventory Validation Organization defined.
• B.The Legal Entity Setup is incomplete.
• C.There is no Business Unit associated with the Legal Entity.
• D.The Business Unit is not enabled for Costing.
• E.The General Ledger is not associated with Business Unit.