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NEW QUESTION 49

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. It is mandatory to provide functional currency, because ledger cannot be defined without functional currency. The system will throw an error upon processing.
  • B. The system will automatically pick "USD" as functional currency from the legal entity country.
  • C. 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.
  • D. 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.
  • E. The system will pick the first available currency from the List of Values.

Answer: B

NEW QUESTION 50

Which three statements are true regarding Managing Units of Measure? (Choose three.)

  • A. You must define Unit of measure class with a base unit of measure.
  • B. A unit of measure standard conversion specifies the conversion factor by which the unit of measure is equivalent to the unit of measure class.
  • C. If you want to transact items in units of measure that belong to classes other than their primary UOM class, you must define conversions between the base units of measure in different UOM classes.
  • D. Conversions between classes are unique for each item, the conversion rate varies for intraclass unit of measure.
  • E. A unit of measure conversion is a mathematical relationship between two different units of measure.

Answer: B,C,E

NEW QUESTION 51

What are the two scenarios that allow you to update the lot control option for an item?(Choose two.)

  • A. No open sales order exists for the item.
  • B. No open internal order exists for the item.
  • C. Item has zero on-hand quantity.
  • D. Item material status is Active.

Answer: A,C

NEW QUESTION 52

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