Unit 5 Objective A

Question 1

Name two types of inventory counts.

Answer 1

-Complete inventory counts
-Special inventory counts

Question 2

Complete inventory counts are conducted using which method of inventory?

Answer 2

Closed warehouse method

Question 3

Which freeze code designates a complete inventory?

Answer 3

Freeze code ‘C’

Question 4

Can multiple freeze codes be assigned at the same time?

Answer 4

No, only one per item record.

Question 5

Which inventory method is closed to all receipts and issue requests, except emergencies?

Answer 5

Closed warehouse method

Question 6

Where will emergency orders be recorded?

Answer 6

Inventory recap sheet

Question 7

Which inventory counts reconcile out-of-balance conditions discovered other than complete inventory counts?

Answer 7

Special inventory counts

Question 8

What is the purpose of the Special inventory interrogation input (1GP)?

Answer 8

Assign freeze code ‘I’ to item and detail records, when out-of-balance.

Question 9

Who is responsible for the safekeeping and management of inventories?

Answer 9

(LRS) Commander/ Accountable Property Officer(APO)

Question 10

Complete inventory counts will only be accomplished by what method?

Answer 10

Closed warehouse method

Question 11

Who is responsible for maintaining the suspense notice file?

Answer 11

Physical Inventory Control

Question 12

Reconcile out-of-balance conditions discovered other than complete inventory counts.

Answer 12

Special inventory counts

Question 13

Special inventory counts will be accomplished, and adjustments made without delay no later than?

Answer 13

30 Days per DLM 4000.25(DLMS)