Knowledge quiz

It's time to put what you've learned to the test, get 8 right to pass this unit.

What allows you to track a quantity of an item that have characteristics, such as expiration date in common?

Choose the correct answer.

Batches

Serial Numbers

You have set up an item to be managed by batches on release only. Which 2 of the following transactions will require a batch number to be entered for this item?

There are two correct answers.

Sales Order

Delivery

Goods Receipt PO

Goods Issue to Production

An item can have only one barcode assigned.

Choose the correct answer.

True

False

What is a Receiving Bin Location?

Choose the correct answer.

Any bin location that is used for an inbound transaction

Any bin location that is marked as such and is used as an intermediate bin location

A bin location that can only receive inventory but cannot issue any inventory

A system bin location that is used for transaction when no other bin locations are defined

Which valuation method uses layers to track the costs of each receipt transaction for an item?

Choose the correct answer.

FIFO

Standard Cost

Moving Average

Two different bin locations in different warehouses may have the same code

Choose the correct answer.

True

False

What does the formula "In-stock Quantity + Ordered Quantity – Committed Quantity" calculate for an item?

Choose the correct answer.

Available Quantity

Warehouse Quantity

Pick Quantity

What can you do directly from the Bin Location Content List report?

There are two correct answers.

Delete a bin location

Transfer a bin location content

Set a bin location as default

Create a delivery

Which document rows have warehouses specified?

There are two correct answers.

Inventory document rows

All marketing document rows

All item-type marketing document rows

10.

When an inventory transfer request is open, which is the inventory status of the item quantity requested in the issuing warehouse?

Choose the correct answer.

Committed

Ordered