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Question ID 8301

Which two statements are true about setting up an Approved Supplier List? (Choose two.)

Option A

An Approved Supplier List is used only for items and not for services.

Option B

A Global Agreement cannot be set up as a source document for a requisition.

Option C

A blanket purchase agreement cannot be set up as a source for an item in a purchase order line

Option D

You can get the price breaks to default to a requisition from a quotation or a blanket purchase agreement.

Option E

You do not need to set the profile optionPO: Automatic Document Sourcing to Yes, in order to get the source document information for a service (as opposed to an inventory item).

Correct Answer C,D
Explanation


Question ID 8302

Identify the purpose of using Material Status controls.

Option A

to permit updates to the Item Master record

Option B

to prevent unnecessary cycle counting in an inventory organization

Option C

to define the transactions that are permitted for an inventory organization

Option D

to select the transactions that are permitted to use the inventory on-hand quantity

Correct Answer D
Explanation

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