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Question ID 3120

Beyond the shelf life days, active lots become expired lots.Expired lots        .


 

Option A

A.    Canbe reserved
 

Option B

B.    Arenot allowed to do subinventory transfer
 

Option C

C.    Arenot included in Inventory valuation reports
 

Option D

D.    Cannotbe transacted and included in on-hand quantities
 

Option E

E.    Arenot included in cycle and physical counting adjustments
 

Option F

F.    Arenot considered as on-hand supply for min-max and re-order point planning

Correct Answer F
Explanation


Question ID 3121

ABCCompanyuses serial numbers for the following transactions:
1.Purchase order receipt 2. Miscellaneous receipt
3. Account alias receipt
The company wants to reuse the same serial numbers for work order completion transactions. Which setup would allow it to reuse the same serial numbers?

 

Option A

A.    INV: Validate Returned Serial: No
 

Option B

B.    INV: Validate Returned Serial: Yes
 

Option C

C.    INV: Restrict Receipt of Serials: No
 

Option D

D.    INV: Restrict Receipt of Serials: Yes
 

Option E

E.    INV: Validate Returned Lot: Yes and INV: Validate Returned Serial: No

Correct Answer C
Explanation

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