HP2-I70 Practice Questions

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NEW QUESTION: 1
You transfer material between two plants. During the transport process, some parts are damaged so badly that they have to be scrapped.
How you can you post this as scrapping? (Choose two.)
A. You put away the entire quantity in the receiving plant, where you immediately carry out a physical inventory of the material.
B. You put away the entire quantity in the receiving plant and post the scrapping there.
C. You reverse the stock removal in the issuing plant and post the scrapping there.
D. You adjust the stock in transit and put away the remaining quantity in the receiving plant.
Answer: B,C

NEW QUESTION: 2
Which four are true about the Future Periods field in the Financials Options window? (Choose four.)
A. You can change this number to the maximum number of future periods you want to allow in Payables.
B. You cannot import or enter invoices in a future period.
C. After you change the status of a future period to Open, you can change it back to Future only if you did not create any transactions in that period.
D. You can import/enter invoices in future periods but you cannot pay or create accounting entries for them.
E. You can import/enter invoices in future periods, pay and create accounting entries for them.
F. The first time you enter this field, Payables defaults the number of future periods you use in your Ledger as a default.
G. Payables uses this value to limit the number of future periods you can maintain in the Control Payables Periods window.
Answer: A,D,F,G
Explanation:
Explanation/Reference:
Explanation:

NEW QUESTION: 3
You want to create a new SVM for serving NFS data using the Storage Virtual Machine (SVM) Setup wizard.
In this scenario, which object is created automatically during the setup process?
A. an export policy named after the SVM with the suffix_nfs_exp1
B. a data aggregate named after the SVM with the suffix_nfs_aggr1
C. a data LIF named after the SVM with the suffix_nfs_lif
D. a data volume named after the SVM with the suffix_nfs_vol1
Answer: C