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Question ID 8320

Inventory organizations B1 and M1 each have five unique physical separations of material inventory area, which are under locator control. Customer shippable goods are stored in the Finished Goods Inventory (FGI) storage area. The raw material storage area is called Stores. B1 wants to transfer customer goods from one locator to another. Identify the transaction that will accomplish the transfer.

Option A

Subinventory transfer

Option B

Direct interorganization transfer

Option C

Account Alias Issue and Receipt

Option D

Miscellaneous Issue and Receipt

Option E

Interorganization transfer by way of intransit

Correct Answer A
Explanation


Question ID 8321

The following transactions occurred at BUY Co., where you implemented the ERS functionality in Oracle Purchasing: Purchase order unit price: $10 Receipt #1001: 150 units (gross of 50 units returned at the time of receiving) Receipt #1002: 250 units The Pay on Receipt process is run nightly, with the summary level set to Pay Site at the supplier site. The aging period is 0. What would the Pay on Receipt process generate for these transactions?

Option A

a $3500 invoice

Option B

a $4000 invoice

Option C

a $50 invoice and a $2500 invoice

Option D

a $1500 invoice, a $2500 invoice, and a $50 debit memo

Option E

a $1000 invoice, a $2500 invoice, and a $50 debit memo

Correct Answer A
Explanation

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