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You are a purchasing agent. You have agreed on a purchase price with a supplier and create a purchase agreement.
Which two tasks can you perform with the purchase agreement? Each correct answer presents part of the solution.
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Create a release order when no commitment is defined for quantity of a product.
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Create purchase agreement lines based on quality or weight.
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Define a validity period for the purchase agreement.
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Place purchase agreement on hold during the ordering process.
Frage 2
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Item model groups allow users to define which of the following? (Select all that apply)
Frage 3
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Item groups can be used to associate items with the same posting profile together.
Frage 4
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An item group must be specified on the item before the item can be used in transactions.
Frage 5
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Which of the following options are valid to describe tracking dimensions? (Select all that apply)
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Tracking dimensions are company specific
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Items can have multiple tracking dimensions
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It is possible to allow blank receipts and blank issues on storage dimension groups
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The tracking dimensions can be unique for each warehouse
Frage 6
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Serial number is a valid storage dimension group.
Frage 7
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Product dimensions allow for the creation of different product variants based on configuration, color, size or style.
Frage 8
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Select the following statements that are true. (Select all that apply)
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The owner dimension is used for consignment inventory
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The owner dimension is a storage group dimension
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The owner dimension is used for subcontracting in production
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The owner dimension can be used with the vendor portal
Frage 9
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Released products contains the products available for a legal entity to transact upon, this list can be different across legal entities.
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A Site is a grouping of business resources such as a warehouse and production units.
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A single site can be shared by multiple legal entities.
Frage 12
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What are the three types of warehouses? (select all that apply)
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Transit
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Quarantine
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Storage
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Default
Frage 13
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A warehouse can be associated to many sites.
Frage 14
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In the picking workbench profile, if the maximum orders field is left at zero, this assumes unlimited orders can be considered.
Frage 15
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Which of the following parameters is used in the box definition setup to account for packing material that may be added?
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Weight limit
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Height
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Depth
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Maximum utilization
Frage 16
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When setting up inventory journals, which options are available in the Reservation drop-down list? (Select all that apply)
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Explosion
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Manual
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Automatic
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On order
Frage 17
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Offsetting general ledger accounts are selected in a movement journal.
Frage 18
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Transfer journals should be used when in-transit inventory needs to be tracked.
Frage 19
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What will be generated when a Bill of Material journal is posted? (Select all that apply)
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An inventory receipt of the produced product
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An inventory purchase request
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An inventory issue of the used products
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An inventory replacement request
Frage 20
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Which of the following are true for counting journals? (Select all that apply)
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Display the current on-hand for an item or groups of items.
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Allow the user to post inventory counts and make the necessary adjustments to reconcile the inventory.
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Allow the user to select the ledger account on each line to post the corrections to.
Frage 21
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Which of the following does each warehouse item have? (Select all that apply)
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Counting group
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Inventory dimension
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Inventory level
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Transfer locations
Frage 22
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What information must be registered on each tag in a tag count? (Select all that apply)
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The tag number
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The batch number
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The item number
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The item quantity
Frage 23
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In what ways can inventory blocking be performed? (Select all that apply)
Frage 24
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During inventory blocking, what items can be included in the blocking?
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Inventory items on hand
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Inventory items on order and on hand
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Inventory items on hand and in transit
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Inventory items within the system
Frage 25
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Fill in the blank: If the Registration requirements flag on the Item model group for an item is marked then the product must be registered prior to ________.
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Shipment
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Invoicing
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Arrival
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Receipt
Frage 26
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Which of the following do transfer orders provide? (Select all that apply)
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The ability to transfer items across legal entities
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The ability to specify a transport time for items
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The ability to specify items that do not need to be received the same day as they are shipped
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The ability to track item progress through the on-hand inventory for the transit warehouse
Frage 27
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Fill in the Blank: Transfer orders are used to move items between warehouse within the same _________.
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Legal entity
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Site
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Division
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Geographical area
Frage 28
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The Transfer orders form is used to process transfer orders that are manually created or to process orders that are created from firmed planned transfer orders generated by master scheduling.
Frage 29
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A transit warehouse must be set up for the ‘To” warehouse.
Frage 30
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Which of the following are ABC classification codes? (select all that apply)
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Revenue
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Inventory
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Carry cost
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Margin
Frage 31
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You cannot manually update ABC classification codes. The ABC classification periodic job must be run for the items’ classification codes to be updated.
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The Inventory aging report uses what algorithm to calculate how old inventory is?
Frage 33
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The inventory close process is a process of settling issue transactions with receipt transactions based on an item’s inventory valuation method. Where is the inventory valuation selected?
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Item group
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Storage dimension group
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Tracking dimension group
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Item model group
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An inventory recalculation will make adjustments but will not make settlements to inventory transactions.