Knowledge quiz

It's time to put what you've learned to the test, get 4 right to pass this unit.

Which of the following documents is generated by the Subcontractor to update the Buyer on the progress of consumption.

Choose the correct answer.

Component Consumption Document

Component Receipt

Component Ship Notice

Scheduling Agreement

Which of the following documents is created by the Subcontractor when they receive the components?

Choose the correct answer.

Component Consumption Document

Component Receipt

Component Ship Notice

Component Acknowledgment Receipt

Select whether the following statement is true or false. In the Subcontracting Collaboration Process, if the Buyer has not configured their system for real-time consumption, the Component Consumption Documents sent by the Subcontractor are ignored.

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True

False

Which of the following documents is generated by the Buyer in advance of shipping components to the Subcontractor?

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Component Consumption Document

Component Receipt

Component Ship Notice

Scheduling Agreement

What is the main difference between the Backflush and Real-Time consumption models?

Choose the correct answer.

The Backflush process updates the Buyer’s inventory as each Component Consumption Document is created while the Real-Time Consumption process updates the Buyer’s inventory when the Goods Receipt for finished goods is generated.

The Backflush process updates the Buyer’s inventory when the Goods Receipt for finished goods is generated while the Real-Time Consumption process updates the Buyer’s inventory as each Component Consumption Document is created.

The Subcontractor sends the Advanced Ship Notice in the Backflush process which does not happen in the Real-Time Consumption process.

The Buyer sends the Goods Receipt for the finished goods in the Real-Time Consumption process which does not happen in the Backflush process.