Functional Analyst - Managing Storeroom Inventory

Question 1

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

Select one:

a.
Storeroom

b.
Inventory

c.
Labor Inventory Location

d.
Location

Answer 1

Labor Inventory Location

Question 2

ABC cycle counts are used to reconcile balances?

Select one:

a.
True

b.
False

Answer 2

True

Question 3

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

Select one:

a.
True

b.
False

Answer 3

False

Question 4

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

Select one:

a.
True

b.
False

Answer 4

true

Question 5

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

Select one:

a.
True

b.
False

Answer 5

True

Question 6

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

Select one:

a.
True

b.
False

Answer 6

True

Question 7

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

Answer 7

Organizations

Question 8

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

Answer 8

Inventory

Question 9

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

Select one:

a.
True

b.
False

Answer 9

True

Question 10

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

Answer 10

: View Item Availability

Question 11

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

Answer 11

View Inventory Transactions

Question 12

Storeroom locations are created using the Locations application?

Select one:

a.
True

b.
False

Answer 12

False

Question 13

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

Answer 13

Purchase Order, Purchase Request

Question 14

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

Answer 14

Shipment Receiving, Inventory Usage

Question 15

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

Select one or more:

a.
Receiving

b.
Warehouse

c.
Mobile

d.
Holding

e.
Storeroom

Answer 15

Holding, Storeroom

Question 16

What type of transaction results from a manual balance adjustment?

Select one:

a.
BALANCEADJ

b.
CCCOUNTADJ

c.
PCOUNTADJ

d.
CURBALADJ

Answer 16

CURBALADJ

Question 17

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

Answer 17

Tools

Question 18

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

Answer 18

Sites

Question 19

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

Answer 19

HARD, SOFT

Question 20

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

Answer 20

SOFT, AUTO, HARD

Question 21

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

Answer 21

Purchase Order, Shipment Record

Question 22

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

Answer 22

Mean, Deviated

Question 23

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

Answer 23

Inventory Transaction Report

Question 24

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

Answer 24

Is a receipt of an item from an intermediate location

Question 25

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.

Answer 25

Shipment Record, Usage Document.