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Question ID 3421

Company X has a single Inventory Organization. It wants to monitor aged material. Specifically, it needs to ensure that its products have the most current calibration. Profile Option INV: FIFO for Original Receipt Date has two selections. Which selection is correct?
 

Option A

A.    INV: FIFO for Original Receipt Date = No. Original receipt date is lost upon issue.
 

Option B

B.    INV: FIFO for Original Receipt Date = Yes. Original receipt date would be retained until material is picked for shipping.
 

Option C

C.    INV: FIFO for Original Receipt Date = Yes. Original receipt date would be retained until material is issued out of inventory.
 

Option D

D.    INV: FIFO for Original Receipt Date = No. Original receipt date is retained until new inventory is positioned in the same locator.
 

Option E

E.    INV: FIFO for Original Receipt Date = Yes. Original receipt date would be retained until material is moved to nonnettable subinventory.
 

Correct Answer C
Explanation


Question ID 3422

You need to set up a Material Review Board (MRB) subinventory for storing defective goods that are awaiting disposition. The management team does not want the material in the MRB subinventory to be considered by the Material Requirements Plan (MRP). Which is the key flag in the setup that instructs MRP not to account for the material in the MRB subinventory?
 

Option A

A.    Nettable flag deselected
 

Option B

B.    Planning flag deselected
 

Option C

C.    Quantity Tracked flag selected
 

Option D

D.    Allow Reservation flag deselected
 

Correct Answer A
Explanation

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