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You are a department store retailer that reserves foor space for specifc 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 automatcally create invoice documents for billing purposes. What represents a valid setup and usage for these items in RMS?
1. Items are set up in a concession department and a cost is defned for the supplier.
2. Items are set up as regular items with a _ cost and defned as non-inventory.
3. Items are set up in a consignment and manually ordered from the supplier.
4. Items are set up in a consignment department and consignment rate is defned for the supplier.
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The data sent from RMS to the fnancial system via package integraton corresponds to which functonal area?
2. Purchase Orders
4. Stock Ledger
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Which statement is true about multple set of books functonally in RMS?
1. One or more org units belong to a single set of books.
2. One or more set of books belong to a single org unit
3. One or more transfer enttes belong to a single set of books
4. One or more regions belong to a single set of books
Referencesn htpsn::docs.oracle.com:cd:EE12248_E:rms:pdf:E1_1E:rms-E1_1E-ug.pdfPagen 4_1
Your retail organizaton has operatons in multple 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 confgure RMS to ensure that this occurs?
1. Do not associate a VAT region with stores that are VAT-exempt.
2. Create a VAT region and indicate that the region is VAT-exempt.
3. Create a VAT region for the VAT-exempt locatons and associate a tax code with a rate of zero to the region.
4. During store setup, indicate as VAT-exempt the stores for which VAT does not apply.