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Michael Pappas

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Question: 1

Your retail organization needs to track VAT in the stock ledger for sales, but you do not want to see retail prices inclusive of VAT in the RMS screens in your department. How would you configure the system to support this scenario?

A. Set the stock ledger retail tax inclusive indicator to Y, the class level tax indicator to N, and the VAT inclusive indicator to Y for all other departments.

B. Set the stock ledger retail tax inclusive indicator to N, the class level tax indicator to Y, and the VAT inclusive indicator to N for the classes in your department.

C. Set the stock ledger retail tax inclusive indicator to Y, the class level tax indicator to N, and the VAT inclusive indicator to Y for the classes in your department.

D. Set the stock ledger retail tax inclusive indicator to Y, the class level tax indicator to Y, and the VAT inclusive indicator to N for the classes in your department.

Answer: D

Question: 2

The data sent from RMS to the financial system via package integration corresponds to which functional area?

A. Items

B. Purchase Orders

C. Contracts

D. Stock Ledge

Answer: D

Question: 3

Identify a way that supplier traits could be used by a retailer?

A. To select suppliers for ordering

B. To add suppliers to an item

C. To search for suppliers

D. To group suppliers together for reporting

Answer: D

Explanation:

References:

https://docs.oracle.com/cd/E12448_01/rms/pdf/141/html/user_guide/foundation_data.htm

Question: 4

Your retail organization operates its distribution centers Monday through Friday and is closed on weekends and holidays. Naturally, inbound and outbound deliveries cannot be scheduled for days when the distribution centers are closed. What two setup options exist to configure RMS accordingly?

A. Define the valid supplier-to-DC delivery schedules to control purchase order dates.

B. Define activity schedules for the warehouses to indicate which days they are closed for shipping and receiving.

C. Utilize mass maintenance by location lists to update the warehouse closed dates for each weekend and holiday.

D. Create a timeline that indicates which days the warehouses are open for shipping and receiving operations.

Answer: B,C

Question: 5

Your retail organization has operations in multiple countries, some of which use VAT and other which do not. For countries that do not use VAT, VAT should not be applied to purchase orders made for stores in that country. How should you configure RMS to ensure that this occurs?

A. Do not associate a VAT region with stores that are VAT-exempt.

B. Create a VAT region and indicate that the region is VAT-exempt.

C. Create a VAT region for the VAT-exempt locations and associate a tax code with a rate of zero to the region.

D. During store setup, indicate as VAT-exempt the stores for which VAT does not apply.

Answer: B

Explanation:

References:

http://docs.oracle.com/cd/E12440_01/rpm/pdf/150/html/merch_impg/RMS.htm

Question: 6

You are a department store retailer that reserves floor space for specific designer-label products. The items that you carry in these spaces in your stores are owned by the designer label. You want RMS to track sales of these items and automatically create invoice documents for billing purposes. What represents a valid setup and usage for these items in RMS?

A. Items are set up in a concession department and a cost is defined for the supplier.

B. Items are set up as regular items with a 0 cost and defined as non-inventory.

C. Items are set up in a consignment and manually ordered from the supplier.

D. Items are set up in a consignment department and consignment rate is defined for the supplier.

Answer: A

Explanation:

References:

https://docs.oracle.com/cd/E12448_01/rms/pdf/141/html/user_guide/item_maintenance.htm

Question: 7

Which statement is true about multiple set of books functionally in RMS?

A. One or more org units belong to a single set of books.

B. One or more set of books belong to a single org unit

C. One or more transfer entities belong to a single set of books

D. One or more regions belong to a single set of books

Answer: A

Explanation:

References:

https://docs.oracle.com/cd/E12448_01/rms/pdf/13021/rms-13021-ug.pdfPage: 802

Question: 8

Which three responses represent valid uses for location lists?

A. To add locations to a purchase orde

B. To create a mass cost zone change

C. To create an inventory adjustment

D. To maintain replenishment parameters

E. To set up scheduled item maintenance

Answer: B,D,E

Rate this article:
Test Information: Total Questions 75 Test Number: 1Z0-453 Vendor Name: ORACLE Cert Name: OPN CERTIFIED SPECIALIST Test Name: Oracle Retail Merchandising System 13.2 Foundation Functional Implementer Essentials Official Site: https://www.certswarrior.com For More Details: https://www.certswarrior.com/exam/1z0-453/ Get20% Immediate Discount on Full Training Material Discount Coupon Code: “CertsWarrior20off”
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