Functional Analyst - Managing Storeroom Inventory Flashcards

1
Q

A labor record can be associated with what type of location?

Select one:

a.
Storeroom

b.
Inventory

c.
Labor Inventory Location

d.
Location

A

Labor Inventory Location

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2
Q

ABC cycle counts are used to reconcile balances?

Select one:

a.
True

b.
False

A

True

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3
Q

At minimum, purchase orders are required for all cross-organization transfers.

Select one:

a.
True

b.
False

A

False

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4
Q

At minimum, Shipments are required for all cross-organization transfers.

Select one:

a.
True

b.
False

A

true

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5
Q

Can you issue an item to a Labor Inventory Labor Location?

Select one:

a.
True

b.
False

A

True

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6
Q

Does the inventory transaction type INSERTITEM feed into the INVTRANS object?

Select one:

a.
True

b.
False

A

True

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7
Q

In what application can you set the option, Automatically create usage documents for new reservations?

Select one:

a.
Inventory

b.
Organizations

c.
Cron Task Setup

d.
Inventory Usage

A

Organizations

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8
Q

In what application can you set the option, Requires Hard reservation on use?

Select one:

a.
Item Master

b.
Inventory

c.
Cron Task-Setup

d.
Organizations

A

Inventory

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9
Q

Negative inventory is a common occurence and can even be a normal part of the inventory process?

Select one:

a.
True

b.
False

A

True

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10
Q

Specific to an item, what action allows for a view of an item details, such as storeroom locations, procurement, reservations, and balances?

Select one:

a.
View Inventory Transactions

b.
View/Modify Reservations

c.
View Item Availability

A

: View Item Availability

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11
Q

Specific to an item, what action allows for a view of item Issues, Transfers, and Returns?

Select one:

a.
View Inventory Transactions

b.
View/Modify Reservations

c.
View Item Availability

d.
View Issues/Moves

A

View Inventory Transactions

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12
Q

Storeroom locations are created using the Locations application?

Select one:

a.
True

b.
False

A

False

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13
Q

The Inventory Reorder process could create which of the following types of records or documents? (Select all that apply)

Select one or more:

a.
Purchase Order

b.
Purchase Request

c.
Shipment Record

d.
Usage Document

A

Purchase Order, Purchase Request

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14
Q

What applications are used to process internal shipments? (Select all that apply)

Select one or more:

a.
Purchase Orders

b.
Issue and Transfers

c.
Shipment Receiving

d.
Inventory Usage

e.
Inventory

A

Shipment Receiving, Inventory Usage

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15
Q

What are two types of storeroom locations? Select two answers.

Select one or more:

a.
Receiving

b.
Warehouse

c.
Mobile

d.
Holding

e.
Storeroom

A

Holding, Storeroom

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16
Q

What type of transaction results from a manual balance adjustment?

Select one:

a.
BALANCEADJ

b.
CCCOUNTADJ

c.
PCOUNTADJ

d.
CURBALADJ

A

CURBALADJ

17
Q

When a tool is transferred to a Labor Inventory Location, from which application can you see the list of all tools?

Select one:

a.
Locations

b.
Tools

c.
Storerooms

d.
Items

A

Tools

18
Q

When setting up a new storeroom, the Ship To and Bill To addresses are defaulted from?

Select one:

a.
Sites

b.
Default Insert Site

c.
Work Location

d.
Addresses

A

Sites

19
Q

Which of the following are manually set reservation types? (Select all that apply).

Select one or more:

a.
HARD

b.
SOFT

c.
APHARD

d.
APSOFT

A

HARD, SOFT

20
Q

Which of the following are not AUTOMATIC set reservation types? (Select all that apply)

Select one or more:

a.
APHARD

b.
SOFT

c.
BACKORDER

d.
AUTO

e.
HARD

f.
APSOFT

A

SOFT, AUTO, HARD

21
Q

Which of the following requirements can be set in the Organizations application specific to internally related transfers? (Select all that apply)

Select one or more:

a.
Usage Record

b.
Purchase Order

c.
Work Order

d.
Purchase Requisition

e.
Shipment Record

A

Purchase Order, Shipment Record

22
Q

Which of the following is not a costing method? (Select all that apply)

Select one or more:

a.
Average

b.
Deviated

c.
FIFO/LIFO

d.
Standard

e.
Mean

A

Mean, Deviated

23
Q

Which report can be run to list all inventory transactions?

Select one:

a.
Inventory Transaction Report

b.
Inventory Balances Report

c.
Item Life Report

d.
All Transactions for a Storeroom Report

A

Inventory Transaction Report

24
Q

Which statement describes an inventory transaction type of SHIPRECEIPT?

Select one:

a.
A receipt that only occurs if the item is classified as a ship

b.
Is a transfer that involves ad intermediate location

c.
Is a receipt of an item from an intermediate location

d.
A shipment receiving docket

A

Is a receipt of an item from an intermediate location

25
Q

You can transfer inventory items or tools within an organization by creating which of the following types of records or documents? (Select all that apply)

Select one or more:

a.
Purchase Order

b.
Purchase Request

c.
Shipment Record

d.
Usage Document.

A

Shipment Record, Usage Document.