To answer this question, let's go through each option to understand why it is correct or incorrect:
Option A) Set the Type Value property on the picklist to the LOV Type as created in S_LST_OF_VAL - This option is incorrect because setting the Type Value property on the picklist to the LOV Type is actually one of the steps in configuring a dynamic picklist in Siebel Tools. This step helps in defining the values that will be displayed in the picklist.
Option B) Specify the Business Component to be used by the Pick List object - This option is correct because specifying the Business Component to be used by the Pick List object is indeed one of the steps in configuring a dynamic picklist. It allows the picklist to be associated with a specific business component.
Option C) Set the runtime property to TRUE on the control or list column object - This option is correct because setting the runtime property to TRUE on the control or list column object is also one of the steps in configuring a dynamic picklist. This step ensures that the picklist is available for selection during runtime.
Option D) Create a Pick Map definition - This option is correct because creating a Pick Map definition is another step in configuring a dynamic picklist. The Pick Map definition defines the mapping between the source field and the target field for the picklist.
The correct answer is A. This option is not one of the steps in configuring a dynamic picklist in Siebel Tools.