Question 1

You identify a new vendor.

You must create a purchase agreement for the vendor that includes direct invoicing and insurance.

You need to a create a classification for the purchase agreement.

What should you do?

Options :

A : Set the value for Certification to Yes. Set the value for Requires direct invoicing to No.

B : Set the value for Certification to No. Set the value for Requires direct invoicing to No.

C : Set the value for Certification to Yes. Set the value for Requires direct invoicing to Yes.

D : Set the value for Certification to No. Set the value for Requires direct invoicing to Yes.

Answer: C

Question 2

You need to test the existing brakes in inventory.

What are two possible ways to achieve this goal? Each correct answer presents a complete solution.

NOTE: Each correct selection is worth one point.

Options :

A : Assign a Phantom bill of materials (BOM) line.

B : Create a manual quality order for existing inventory.

C : Assign brakes to an inventory status that is blocked.

D : Create an automatic quality order for existing inventory

Answer: B,D

Question 3

A company needs to be alerted when the calculated planned cost of a bill of materials (BOM) product is older than 30 days.

You need to configure the number of days validation in the system.

Where should you specify the number of days?

Select only one answer.

Options :

A : Cost price model

B : Stop explosion

C : Inventory and warehouse management parameters

D : BOM calculation groups

E : Released product

Answer: D

Question 4

A company creates a new bill of materials (BOMs). The company subcontracts with a vendor to manufacture

one component for the BOM.

You need to ensure that only the production manager is permitted to approve BOMs.

Which two actions should you perform? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options :

A : Assign security permissions to approve the BOM version but not the related BOM.

B : Assign security permissions to the user for the approval form.

C : Assign security permissions to the Vendor portal.

D : Set up the approver as a vendor.

E : Set up the approver as an employee.

Answer: A,B

Question 5

You need to set up financial components for the new items.

Which two actions should you perform? Each correct answer presents part of the solution.

NOTE: Each correct selection is worth one point.

Options :

A : Assign items to a FIFO item model group.

B :

Assign the raw materials to a standard cost item model group. Assign finished goods to a FIFO item model

group.

C :

Create item model groups for raw materials and finished goods by using different ledger accounts. Assign

items to these groups.

D : Assign raw materials to a standard cost item group. Assign finished goods to a FIFO item group

E :

Create item groups for raw materials and finished goods by using different ledger accounts. Assign items

to these groups.

Answer: A